Market outlook
Stock market: Today was a rather boring session when investors almost disappeared, leaving a significant decrease in trading volume. The whole day the market struggled around 1350 and at the end of the day, it dropped nearly 3 points compared to yesterday. Market breadth tilted to the positive side with 7/19 sectors gaining, however, due to the relatively large number of losers in the VN30 group, the VN-Index did not have any upward momentum. Regarding the transactions of foreign investors, today they were net sellers on both HSX and HNX. In the next trading sessions, if the trading volume continues to be flat, VN-Index is unlikely to bounce to the next resistance area at 1380.
Future contracts: Futures contracts VN30F2205 and VN30F2206 fell in line with the movement of VN30 index, the other two futures contracts moved in opposite directions. Investors should trade cautiously in the next session.
Covered warrants: In the trading session on April 28, 2022, warrants struggled in favor of the downtrend following the movement of the underlying stock.
Technical Analysis (Page 2): FPT_Recovery signal
Highlights:
• VN-Index -2.78 points, closing at 1350.99 points. HNX-Index +3.11 points, closing at 360.20 points.
• Pulling the index up: BCM (+1.33), HPG (+0.68), TCB (+0.63), VPB (+0.62), FPT (+0.59).
• Pulling the index down: GAS (-1.54), MSN (-0.87), SAB (-0.63), BID (-0.63), VHM (-0.54).
• The matched value of VN-Index reached VND 12.261 billion, down -5.81% compared to the previous session. The total transaction value reached VND 13.309 billion.
• The trading range is 13.97 points. The market had 240 advancers, 66 reference stocks and 186 losers.
• Foreign investors' net selling value: VND -307.58 billion on HOSE, including VHM (VND -212.78 billion), DGC (VND -61.05 billion), DIG (VND -32.92 billion). Foreign investors were net sellers on HNX with the value of VND -1.22 billion.