Home Business Stock market June 15: Be cautious when the market struggles

Stock market June 15: Be cautious when the market struggles

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VN-Index had a relatively gloomy session on June 15, 2021 when the trading volume was lower than the average of 20 sessions. VN-Index increased and decreased alternately during the session, but the index still ended the session with a slight increase of nearly 6 points, reaching 1,367.36 points.
VN-Index had a relatively gloomy session on June 15, 2021 when the trading volume was lower than the average of 20 sessions. The VN-Index increased and decreased alternately during the session, but the index still ended the session with a slight increase of nearly 6 points, reaching 1,367.36 points.

Technically. In the trading session on June 15, 2021, VN-Index had the 3rd consecutive gaining session. However, the index created a candle with a small body when testing the adjacent old peak, showing the struggling sentiment of investors. Besides, the trading volume is close to the 20-day average. The Stochastic Oscillator has given a buy signal. The MACD is approaching the signal line. If this indicator also shows similar signal, the index’s situation will be better. The zone of 1,390-1,410 points (100% Fibonacci Projection level) will still be the target that the index is aiming for. In case the index suddenly corrects, the short-term uptrend line (starting from January 2021) will be the nearest support. The Middle Band is also near this support so the reliability is quite high. The HNX-Index created a small-body candle, showing investors’ hesitation. The trading volume dropped again (below the 20-day average) showing the cautious sentiment of investors. If the uptrend is maintained, the index is likely to test 330-340 points (100% Fibonacci Projection level). The Stochastic Oscillator has bought, thereby supporting this possibility. On the contrary, 290-300 points (the old peak of April 2021 was surpassed and the 50-day SMA) will be an important support if the index shakes strongly again. Returning to the session, HOSE had 183 gainers and 198 losers, VN-Index gained 5.64 points (equivalent to 0.41%), to 1,367.36 points. The total trading volume reached more than 730.94 million units, worth 24,425.3 billion dong, down nearly 6% in volume and more than 3% in value compared to yesterday. The put-through transaction contributed more than 24.37 million units, worth 1,241.4 billion dong. The VN30 basket had 12 gainers and 15 losers, with BID, MBB, and KDH standing for reference, with the notable point being that the trio of Vin stocks all inched up, in which, VRE +2.8% to 32,850 dong, VHM +2.5% to 112,600 dong, VIC +1.4% to 121,700 dong. Relatively good gains were also REE +2.5% to 56,900 dong, BVH +2% to 61,200 dong, HDB +1.9% to 34,750 dong, while VNM, NVL, VCB, VJC, PDR, TCH increased slightly. On the contrary, VPB was suddenly sold strongly again in the afternoon session and at one point fell to the floor price, before closing -6.2% at 66,500 dong, becoming the biggest drag on the market. Liquidity this session VPB led HOSE with more than 37.8 million matched units. Bank codes that fell deeply had SBT down 3.8% to 20,500 dong. The rest decreased slightly like MSN, HPG, PLX, TCB, TPB, CTG, GAS, MWG. Besides some highly liquid bluechips such as VPB, STB, MBB, HPG, CTG, PLX, the rest are mostly Midcap stocks. In which, stocks of real estate, construction, and industrial parks such as KBC, D2D and HCD hit the ceiling price, SCR increased by 5.7% to 12,150 dong, HBC increased by 3.3% to 15,700 dong. , DIG increased by 2.7% to 26,200 dong, SZC increased by 4.9% to 40,900 dong, IJC increased by 2.2% to 33,000 dong, in which, KBC suddenly matched orders with more than 20.8 million shares. Securities companies still maintained their attraction with FTS most prominently increasing by 7% to 34,500 dong, HCM by 6.5% to 44,900 dong, VCI by 4.1% to 102,000 dong, APG increased by 4% to 11,650 VND. In contrast, TSC dropped to the floor price at 12,850 dong, matched more than 6.11 million shares, related stock FIT dropped 2.9% to 14,950 dong, LPB took profit strongly and fell 5.5% to 29,000 dong, PVD dropped 2% to 22,450 dong, ANV fell 4.6% to 28,800 dong. On the HNX, the HNX-Index gradually inched up in the afternoon session, but with the extension of the falling momentum of SHB, it strongly influenced this index, causing another drop to reference and closing in the red. At the close, HNX had 73 gainers and 116 losers, HNX-Index decreased by 0.72 points (equivalent to 0.22%), to 318.29 points. Total matched volume reached more than 152.9 million units, worth 4,134.4 billion dong. The put-through transaction added more than 72.6 million units, worth more than 2,270 billion dong. SHB plummeted 4.1% to 28,000 dong, matched orders of more than 31.3 million units, the highest on HNX. Besides, PVS dropped 2% to VND 28,700, BVS dropped 1.7% to VND 28,800, PVI dropped 2.5% to VND 43,700, CEO dropped 1.9% to VND 10,200, and many other losers at TNG , PVC, HUT, ART, TVB, VCS. Creating great support was SHS up 5.6% to 43,200 dong, matched only after SHB with more than 17.4 million units, VND 2.8% up to 44,700 dong, PAN up 1.5% to 27,300 dong. when BSI, MBS only inched slightly. In particular, IDC shares jumped to the ceiling price of +9.7% to 39,400 dong, matched more than 11.4 million shares. Closing the session, UpCoM-Index increased by 0.05 points (equivalent to 0.05%), to 88.87 points. Total matched volume reached more than 71.6 million units, worth 1,304.1 billion dong. The put-through transaction added more than 16.5 million units, worth 386.8 billion dong. In the absence of supporting information like the present, the probability of the index correcting down in the next few sessions before short-term profit-taking pressure is still significant, however, today’s positive movement showed that the index has dropped. There is a certain improvement in the general expectation of investors about the overall outlook of the market. Temporary investors should only consider disbursing exploration with a small proportion when the index is still around the threshold of 1,370 points and should not use leverage. The current goal is still to gradually accumulate stocks that maintain positive growth potential in the second half of 2021 for the medium-long-term portfolio.