At the beginning of the session, the cash flow continued to be cautious in the derivative maturity session. The VN30 basket is showing signs of divergence and it is unclear whether the support pillar pulls up.
As of 9:40 a.m., the VN-Index was up 1.72 points (0.12 percent) at 1,395.52, the HNX-Index was up 0.33 points (0.09 percent) at 388.62, and the UPCoM-Index was up 0.02 points (0.02 percent) at 99.7.
The stock market opened in the green with market breadth in favor of buyers. However, the market is still moving in a narrow range, showing the cautious trading sentiment of investors in the October futures expiration session.
The VN30 basket is showing signs of divergence and it is unclear whether the support pillar pulls up. Up to now, this group is trading fairly balanced with 13 losers, 12 gainers and 5 standstills at reference price.
In the large-cap group, VCB is currently the most positive influence on the VN-Index with a contribution of nearly 0.5 points. Next, the green color of SAB, DGC, TCB, OCB, MBB… are also supporting the index’s gain. On the downside, HPG, VJC, SHB, VHM and GVR are the biggest resistances holding back the market.
Returning to international developments, the US stock market on October 20th prospered on a large scale when many businesses announced positive profits and the price of Bitcoin rose sharply to a new peak above 66,000 USD.
The Dow Jones Industrial Average at one point set a historic high of the session at 35,669.69 points. When the market closed, the index cooled down to 35,609.34 points, equivalent to 0.43% higher than reference.
Although it has broken the peak of the session, but compared to the closing price, the Dow Jones is still about 0.1% less than the old peak in August. The S&P 500 rose 0.37% to 4,536.19, nearly 0.2% away from its old record. Nasdaq Composite fell slightly 0.05%.
Source: vietnambiz.vn – Translated by fintel.vn