Daily Review

20220616_BSC_Vietnam Daily Review_EN_Short-term accumulation trend_TA_CSV_Positive signal

Date

16/06/2022
Language

Tiếng Việt
Number of Downloads

89

Detailed report

Market outlook

Stock market: VN-Index went down at the opening session, leveled off at the end of the morning session and continued its decline in the afternoon session. The index even broke through 1200, but then the cash flow appeared and helped the index narrow its drop. At the end of the session, Vn-Index closed at the support level of 1210, down more than 16 points compared to yesterday. Market breadth tilted to the negative side with 14 out of 19 sectors dropping. Investors need to keep an eye on the Fed's decision to raise interest rates announced tonight. The rate of interest rate increase than previously expected at 0.5% is considered a negative signal for the market.

Future contracts: The futures contracts mostly rallied according to the movement of the VN30 index. It is recommended that investors consider Long futures contracts in the next trading sessions.

Covered warrants: In the trading session on June 16, 2022, warrants increased according to the movement of the underlying stock.

Technical analysis (page 2): CSV_Positive signal

Highlights:

VN-Index 22.7 points, closing at 1236.63 points. HNX-Index 4.52 points, closing at 287.77 points.
Pulling the index up: VCB (+3.19), GAS (+1.98), VNM(+1.93), HPG (+1.89), MSN (+1.75).
Pulling the index down: VND (-0.37), DIG (-0.34), DXG (-0.12), VGC (-0.12), SSI (-0.12).
The matched value of VN-Index reached VND 13.816 billion, down 6.55% compared to the previous session. The total transaction value reached VND 14.749 billion.
The trading range is 23.32 points. The market had 298 advancers, 52 reference stocks and 154 losers.
Foreign investors' net buying value: VND 695.46 billion on HOSE, including HPG (VND 251.44 billion), STB (VND 61.74 billion), SSI (VND 56.29 billion). Foreign investors were net buyers on HNX with the value of VND 10.99 billion.

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