20220504_BSC_Vietnam Daily Review_EN_Selling pressure in the afternoon session_TA_POW_Recovery signal

Stock market: The VN-Index fluctuated in a range of nearly 18 points throughout the day. The index dropped sharply at the opening, then turned around to go up in the second half of the morning session. In the afternoon session, the buying power seemed to disappear, the index was pushed down and closed at the lowest level of the day - the support level around 1350. Real estate, construction, Securities, Banking,... dropped sharply. Market breadth tilted to the negative side with 6/19 sectors gaining. Today is the profit taking session after the previous rally. In the coming sessions, the market is likely to still accumulate around 1350.

 

Future contracts: Futures contracts decrease in line with the movement of the VN30 index. Investors may consider opening a long position when VN30 returns to the range of 1350-1360 points.

 

Covered warrants: In the trading session on May 4, 2022, warrants decreased according to the movement of the underlying stock.

 

• VN-Index -18.12 points, closing at 1348.68 points. HNX-Index -4.86 points, closing at 360.97 points.

• Pulling the index up: GAS (+0.99), POW (+0.57), HVN (+0.32), SHB (+0.28), VCG (+0.25).

• Pulling the index down: TCB (-1.71), HPG (-1.44), VCB (-1.19), MSN (-1.02), VPB (-0.99).

• The matched value of VN-Index reached VND 13.491 billion, down -12.51% compared to the previous session. The total transaction value reached VND 14.455 billion.

• The trading range is 17.71 points. The market had 140 advancers, 38 reference stocks and 301 losers.

• Foreign investors' net selling value: VND -304.38 billion on HOSE, including KDH (VND -46.00 billion), DGC (VND -29.76 billion), VHC (VND -22.21 billion). Foreign investors were net buyers on HNX with the value of VND 26.07 billion.