Market outlook
Stock market: Just opening the morning session, VN-Index advanced to 1240 and traded around this level throughout the day before ending the session up more than 12 points compared to yesterday. Market breadth tilted to the positive side with 12 out of 19 sectors gaining, in which the biggest gainers were Electricity, Water & Petrol & Gas. Regarding transactions of foreign investors, today they were net buyers on both HSX and HNX. The movement of VN-Index today formed a Doji candle, showing that the market is indecisive, in addition, the trading volume is still modest. The market's uptrend still has to wait for one to two more sessions to be verified.
Future contracts: Most futures contracts increased slightly in line with the movement of the VN30 index. It is recommended that investors still trade cautiously or wait for a clear confirmation signal from the market.
Covered warrants: In the trading session on May 18, 2022, warrants decreased slightly according to the movement of the underlying stock.
Technical analysis (page 2): VCI_Recovery signal
Highlights:
- VN-Index 12.39 points, closing at 1240.76 points. HNX-Index -5.60 points, closing at 309.84 points.
- Pulling the index up: MSN (+2.53), GAS (+2.04), BCM (+1.35), TCB (+1.09), STB (+0.70).
- Pulling the index down: VCB (-0.70), SAB (-0.63), FPT (-0.45), TPB (-0.31), VJC (-0.31).
- The matched value of VN-Index reached VND 12.967 billion, down 2.21% compared to the previous session. The total transaction value reached VND 13.841 billion.
- The trading range is 26.92 points. The market had 272 advancers, 64 reference stocks and 177 losers.
- Foreign investors' net buying value: VND 171.57 billion on HOSE, including GAS (VND 56.72 billion), VNM (VND 43.12 billion), KBC (VND 37.14 billion). Foreign investors were net buyers on HNX with the value of VND 375.97 million.