Market outlook
Stock market: VN-Index opened the session with upward momentum; however, this momentum gradually slowed down towards the end of the morning session and finally, VN-Index corrected in the afternoon and closed almost unchanged compared to yesterday session. Market breadth was quite balanced with 10 out of 19 sectors gaining, in which the strongest gain came from the Telecommunications sector. Regarding the transactions of foreign investors, today they net sold on the HSX and net bought on the HNX. The market movement formed a Doji candle again, showing that the investor' indecisiveness at the 1240 level. In the next sessions, the market may continue consolidating around this level.
Future contracts: Futures contracts: Most futures contracts dropped slightly in line with the movement of the VN30 index. Investors should trade short and close positions during the session.
Covered warrants: In the trading session on May 20, 2022, warrants decreased slightly according to the movement of the underlying stock.
Technical analysis (page 2): FCN_Recovery signal
Highlights:
- VN-Index -0.93 points, closing at 1240.71 points. HNX-Index -1.01 points, closing at 307.02 points.
- Pulling the index up: GVR (+0.78), DIG (+0.47), ACB (+0.31), PNJ (+0.25), MBB (+0.24).
- Pulling the index down: SAB (-1.00), MSN (-0.91), VCB (-0.83), GAS (-0.62), VHM (-0.47).
- The matched value of VN-Index reached VND 11.526 billion, down 0.87% compared to the previous session. The total transaction value reached VND 12.460 billion.
- The trading range is 20.63 points. The market had 209 advancers, 71 reference stocks and 223 losers.
- Foreign investors' net selling value: VND -423.46 billion on HOSE, including HPG (VND -165.75 billion), SSI (VND -137.52 billion), VIC (VND (-71.96 billion). Foreign investors were net buyers on HNX with the value of VND 1.95 billion.