Market outlook
Stock market: At the opening of the morning session, VN-Index lost 20 points. Then, it fluctuated at 1420-1430 before bouncing up in the afternoon session. At the end of the session, the index gained more than 12 points compared to yesterday, closing at the support level around 1350. The trio of Banks, Securities, Steel, along with Real Estate, Construction, Oil & Gas, Fisheries gained enthusiastically, contributing to the index's rally. Market breadth tilted to the positive side with 16 out of 19 sectors gaining. Regarding the transactions of foreign investors, today they net sold on the HSX and a net bought on the HNX. The gaining session with weak liquidity is not a positive sign of the market, so investors should trade precautious during this period. If the next few sessions VN-Index successfully bounces off the resistance around 1350, the index will return to 1390.
Future contracts: Futures contracts increased in line with the movement of the VN30 index. Investors should trade cautiously in the next session.
Covered warrants: In the trading session on April 27, 2022, warrants decreased according to the movement of the underlying stock.
Technical Analysis (Page 2): HPG_Recovery signal
Highlights:
• VN-Index +12.43 points, closing at 1353.77 points. HNX-Index +11.92 points, closing at 357.09 points.
• Pulling the index up: HPG (+1.50), VCB (+1.19), MSN (+1.09), GAS (+0.97), CTG (+0.80).
• Pulling the index down: VPB (-0.49), VNM (-0.46), VRE (-0.31), FPT (-0.29), MWG (-0.29).
• The matched value of VN-Index reached VND 13.018 billion, down -32.21% compared to the previous session. The total transaction value reached VND 14.544 billion.
• The trading range is 41.11 points. The market had 299 advancers, 58 reference stocks and 123 losers.
• Foreign investors' net selling value: VND -261.18 billion on HOSE, including VND (VND -44.92 billion), DXG (VND -37.24 billion), DIG (VND -36.86 billion). Foreign investors were net buyers on HNX with the value of VND 3.14 billion.