Warrant market April 9, 2021: Continued adjustment?

The warrant market ended on April 8, 2021 with 49 stocks down, 11 stocks unchanged and 29 stocks increasing. Foreign investors turned to be net buyers again with a total net buying of 447 thousand shares.

I. CERTIFICATE MARKET MOVEMENT

The warrant market ended on April 8, 2021 with 49 stocks down, 11 stocks unchanged and 29 stocks increasing. In which, CVIC2004 and CVHM2010 were the two biggest losers in the market with a decrease of 8.7% and 8.1%. On the basic market, VIC ended 1.8% lower, VHM dropped 0.8%. On the other side, CKDH2001 and CKDH2002 are the two leading stocks in the uptrend, with increases of 9.1% and 6.4% respectively.

The total trading volume of the warrant market on April 8, 2021 was only 13.1 million shares, a decrease of 24.57%. The trading value reached 68.6 billion dong, down 27.46% compared to the session on 07/04/2021.

Foreign investors turned to be net buyers again in the session 08/04/2021 with a total net buying of over 447 thousand shares. In which, CHDB2007 and CVIC2005 were two warrant codes that were bought the most by foreign investors.

Also in the session on April 8, 2021, CNVL2003 and CHPG2018 were the two warrants with the most active transactions. On the other hand, CHPG2018 is also the market leader in terms of transaction value.

Warrant market April 9, 2021: Continued adjustment?

II. VALUATION OF RIGHTS

Based on the reasonable valuation method with the beginning of April 9, 2021, the reasonable price bracket of warrants being traded on the market is shown as follows.

Warrant market April 9, 2021: Continued adjustment?

Note: The opportunity cost in the pricing model is adjusted to match the Vietnamese market. Specifically, the risk-free treasury bill (government bills) will be replaced by the average deposit interest rates of major banks with the maturity adjustment to suit each warrants.

According to the above valuation, CHPG2014 and CMWG2017 are currently warrants with the most attractive valuation.

The higher the effecting gearing stocks, the larger the up / down volatility of underlying securities will be. Accordingly, CVJC2004 and CVHM2006 are currently two warrants with the highest effecting gearing ratio in the market at 6.78 and 5.54 times respectively.

Source: stockbiz.vn – Translated by fintel.vn

News Related

OTHER NEWS

Stock market April 16: Bluechips plummeted, VN-Index lost 1,230 points

Negative sentiment continued in the afternoon so the market was dominated by red, the VN-Index lost more than 18 points. As of 13h45, the VN-Index decreased by 18.51 points (1.48%) to 1,228.74 points;… Read more »

Stock April 16 through technical ‘prism’

Securities company Positive Neutral Negative AseanSC X BVSC  X KBSV X PHS  X VDSC X YSVN X The seller is temporarily dominating (Asean Securities Company – AseanSC) On the daily chart, VN-Index appeared… Read more »

ACTS eyes expansion to benefit from regional trade flows

Paul Mandl, team leader of the ARISE Plus Programme (left) and Igor Driesmans, EU Ambassador to ASEAN It has been only a few months since the launch of the ACTS. How important is… Read more »

Plans afoot to aid fortunes of state-owned enterprises

The plan to reshape SOEs like Saigon Newport Corporation into future leaders of their respective sectors will include 17 such corporations. Photo: Le Toan With the new government cabinet taking shape last week,… Read more »

Apple announces $200 mn forestry fund to reduce carbon

The Apple logo sporting a green leaf to mark the upcoming Earth Day is seen on a window of the company’s store in Bangkok on April 14, 2021.(Mladen ANTONOV / AFP) The Restore… Read more »

Amazon conciliatory as US eyes regulation

In this file photo taken on September 13, 2018 Jeff Bezos, founder and CEO of Amazon, speaks during the Economic Club of Washington’s Milestone Celebration event in Washington, DC. Amazon founder Jeff Bezos… Read more »

Investing perception improving for Japan

Nakajima Takeo, chief representative of the Japan External Trade Organisation in Hanoi and vice chairman of the Japanese Chamber of Commerce and Industry Vietnam’s economy is estimated to grow 4.48 per cent on-year… Read more »

General Director of VCBF: Stock market in 2021 will not repeat 2018 scenario

The general director of VCBF said that the P / E of the market is not too cheap, but not too high, temporarily acceptable. Mr. Quang forecasts that the year 2021 will not… Read more »

Stock on April 16 through technical ‘prism’

Securities company Positive Neutral Negative AseanSC X BVSC  X KBSV X PHS  X VDSC X YSVN X The seller is temporarily dominating (Asean Securities Company – AseanSC) On the daily chart, VN-Index appeared… Read more »

Wealth of the rich in Vietnam increased sharply, adding two more to list of billionaires

Kịch bản VN-Index tăng nhờ động lực từ các cổ phiếu vốn hóa lớn một lần nữa lại tái diễn trong phiên giao dịch 14/4. VN-Index tăng 7,54 điểm (0,6%), đạt 1.255,87 điểm.… Read more »

BVSC: Valuation of Vietnam’s stock market is still attractive

Vietnam’s stock market valuation remains attractive According to bao Viet Securities’ first quarter macro strategy and market report (BVSC), compared to the development of VN-Index in the past, the P/E of VN-Index is… Read more »

Market commentary April 16: Prioritize risk management

Securities company Positive Neutral Negative AseanSC X BSC X BVSC X MBS  X VDSC  X Focus on stocks that forecast good business results (Asean Securities Company – AseanSC) Selling pressure somewhat increased in… Read more »

BVSC: Vietnamese stocks are attractive compared to regional markets, attracting foreign capital

Bao Viet Securities (BVSC) believes that Vietnam’s stock market is still attractive compared to other stock markets in the region. In addition, investors do not need to be too concerned when the Central… Read more »

Derivative securities assessment April 16: Not possible to break through level of 1,300 points

The RSI and MACD are high, meaning that the VN30 still has room to increase, but cannot break the 1,300 point level in the next session, but only move in a range of… Read more »

Stocks in spotlight April 16: LPB, DPM, NKG

Some notable stocks offered by securities companies include: LPB (LienVietPostBank), DPM (Dam Phu My) and NKG (Nam Kim Steel). (Photo: Thu Thao). LPB – Asset quality in 2020 improved SSI Securities JSC Analysis.… Read more »

Vietnam stock market watchdog launches manual on sustainable bonds

The State Securities Commission of Vietnam (SSC) has launched a manual providing instruction on green, social and sustainability bonds.  Green bonds would help accelerate sustainable development in Vietnam. Source: World Bank/jamesteoh The manual… Read more »

Dong Thap steps up efforts for investment promotion

Dong Thap aims to achieve an annual GDP growth of 7.5 per cent during 2021-2025 Its objectives are to increase exposure of the province’s potential and advantages, as well as ensuring effective implementation of… Read more »

Will April be the ‘hinge’ for change of foreign capital flows?

Theo ông Lê Quang Minh, Giám đốc Bộ phận phân tích, Công ty chứng khoán Mirae Asset Việt Nam, kể từ đầu tháng 4 tới nay, nhà đầu tư nước ngoài đang có… Read more »

Japanese pin hopes on Vietnam’s market

High-tech Japanese companies are contributing to growth here through expansion across various sectors. Photo: Le Toan Japanese food giant Meiji Company has established a new group in Vietnam aiming for the further expansion… Read more »

Thai investors scaling up presence with raft of activities

Thai investors scaling up presence with raft of activities(source: cafef.vn) Central Retail Corporation on April 3 announced its 5-year plan for an investment of approximately $1.1 billion for the Vietnamese market. The move… Read more »

Vietnam exports $4.8 billion into EU after the effect of EVFTA

Vietnam exports $4.8 billion into EU after the effect of EVFTA According to the Ministry of Industry and Trade (MoIT), between August 1, 2020 and April 4, 2021, authorities and organisations allowed to grant… Read more »

Bank stocks still attractive?

Mr. Tran Tanh, Deputy Head of Research and Analysis Department, Yuanta Securities Vietnam, shared some assessments on banking sector’s stock prospects after a period of hot rise. The VN-Index officially surpassed its historic… Read more »

Foreign investors net selling of 991 billion dong on HoSE in 14/4 session

Closing the session on April 14, the VN-Index rose 7.54 points (0.6%) to 1,255.87 points. The HNX-Index increased by 2.64 points (0.9%) to 294.83 points. UPCoM-Index increased 0.27 points (0.32%) to 83.4 points.… Read more »

Market commentary on April 15: ‘High volatility’

Securities company Positive Neutral Negative AseanSC X BSC X BVSC X MBS X SHS X VDSC X YSVN X Test the near resistance at 1,260 – 1,270 points (Asean Securities Company – AseanSC)… Read more »

SHS, SHB, KHP, DTL, AAA, MIG, CTF, PXI, CII, SGC: Stock trading information

Saigon – Hanoi Securities Joint Stock Company (SHS): Ms. Pham Thi Thiem, mother of Chief Accountant and Deputy General Director Tran Sy Tien, registered to sell all 500,000 shares via matching and agreement… Read more »

Stock on April 15 through technical ‘prism’

Securities company Positive Neutral Negative AseanSC X BVSC X KBSV X PHS X SHS X VCSC X VDSC X Buyers are temporarily dominating (Asean Securities Company – AseanSC) The VN-Index day graph appears… Read more »

Stock market continues to be dominated by large-cap groups

Large-cap stocks have risen sharply in recent sessions. The strong momentum in large-cap stocks kept market sentiment stable. The VN-Index closed with a rise again with a 0.6% increase to stop at 1255.87… Read more »

South Korean tire maker to invest additional US$305 million in Vietnam

Kumho Tire, a South Korean tire manufacturer, will invest US$305 million to expand its plant in My Phuoc 3 Industrial Park, in the southern province of Binh Duong, aiming to double its production… Read more »

SHB shares increased, Hien’s son to take profit

The Hanoi Stock Exchange (HNX) has just announced the transaction of Mr. Do Vinh Quang – son of Mr. Do Quang Hien, Chairman of the Board of Directors of Saigon Hanoi Commercial Bank… Read more »

For first time, Vietnamese securities had a company worth more than $ 20 billion

Ước tính tại ngày 14/4, quy mô vốn hóa của Tập đoàn Vingroup là 20,56 tỷ USD, tương đương 10% vốn hóa của sàn HOSE. Sau đà tăng giá mạnh mẽ của cổ… Read more »

Stock market April 15: Led by Vingroup and MSN, VN-Index exceeded 1,260 points

The Vietnamese stock market continued its exciting trading at the beginning of this morning session with the lead of large-cap stocks such as VIC, VHM MSN. As of 9:35 am, the VN-Index increased… Read more »

Long An to build $59 million IP in Duc Hoa district

The strong presence of IPs drive the province’s socioeconomic development Covering over 119 hectares, the project will be built at a cost of VND1.355 trillion ($58.9 million), VND400 billion ($17.4 million) of which… Read more »

Bettering workplaces to retain talent

Bettering workplaces to retain talent According to survey results on trends in human resources (HR) and the working environment carried out by Anphabe, difficulties in the job market in recent years have made… Read more »

FPT general director: “Our strength lies in youth and creativity”

“With the results achieved in 2020, youth, creativity, solidarity, and dedication, we are committed to achieving the revenue and profit targets set in 2021, helping FPT to grow steadily and endure,” shared Nguyen… Read more »

Yeah1 continues amassing deficit

Yeah1 has been ailing since parting ways with YouTube Yeah1 (HSX: YEG) has just published its financial report in 2020. After-tax losses increased by VND29billion($1.26 million), bringing its total losses last year to… Read more »

Thai Cafe Amazon expands business in Vietnam

Thai coffee chain Cafe Amazon announced its plan to open more stores nationwide in the coming time, especially in Ho Chi Minh City and neighboring provinces which are favorite locations for launching new… Read more »

Rising material and feed costs bridle husbandry companies

The consecutive increases of animal feed prices over the last few months have caused a lot of challenges for farmers. In March, farmer Nguyen Van Hau in the southern province of Dong Nai’s… Read more »

AppWorks leads $1 million round in Vietnamese healthcare booking app Docosan

The investment by AppWorks is a vote of confidence in Vietnamese healthcare booking app Docosan AppWorks is known for its investments in leading Southeast Asian companies such as Lalamove, Carousell, and ShopBack. Other investors that… Read more »

Vietnam's labour market to recover as half of companies look to increase headcounts

Prospects are bright for Vietnam’s labour market this year The report also reveals that 58 per cent of those employed anticipate looking for new job opportunities, while another 34 per cent are passively open to… Read more »

Hanoi awaits new metro route with bated breath

The controversial Cat Linh-Hadong urban metro project has set its current deadline for commercial operation on April 30, with most stakeholder having mixed feelings of hope and doubt. Nguyen Nam, a 40-year-old living… Read more »

Digiworld aims to reach billion-dollar market cap target

Digiworld aims to grow 25 per cent on average annually in the next decade Two months ago, Digiworld’s executive told securities firms that a partner producing and assembling Xiaomi tech products is opening… Read more »

GRAFT Challenge Vietnam 2021 launched to scale up AgriTech firms

The press briefing on April 13 to introduce the launch of the GRAFT Challenge Vietnam 2021 Proudly sponsored by Aus4Innovation under Australia’s Department for Foreign Affairs & Trade, the programme will support entrepreneurs… Read more »

Toshiba CEO resigns as buyout offer stirs turmoil

In this file photo taken on November 8, 2018 Toshiba chairman and CEO Nobuaki Kurumatani attends a press conference in Tokyo. Kurumatani will resign on April 14, 2021, reports said, as a buyout… Read more »

Long distance ahead to reach Hanoi bridge goal

Hanoi today has a batch of new bridges planned, but only a portion of proposed capital to cover it has been amassed, photo Le Toan At the site of the second phase of… Read more »

Healthcare focus for Brit investors through UVFTA

Representatives of Vietnam and the UK hand over notes confirming the date when the UKVFTA comes into force. Photo: VNA Emily Hamblin, UK consul general in Ho Chi Minh City and trade director… Read more »

Stocks of aviation industry have gone through the boom?

In addition to banking, securities and real estate stocks, the aviation industry group was also assessed to “sublimate” in the second quarter thanks to the controlled epidemic, Vietnam also began to study the… Read more »

Coming to IPO with valuation of $ 34 billion, Grab kicked off the ‘feast’ of Southeast Asian tech startups

Grab and Traveloka are preparing to go public in the coming months, kicking off the “reveal party” of Asian Internet companies. Bloomberg quoted a close source as saying that this week Grab will… Read more »

Finnish Fund increased its investment in HDBank

HDB is the bank share with the largest proportion in the portfolio In March, PYN Elite Fund made many major changes in its portfolio, including banking stock restructuring activities. Shares of VietinBank (HoSE:… Read more »

Billions of bank shares could be listed in 2021

Most banks have reported to increase capital in the annual meeting of 2021. Recently, ABBank (UPCoM: ABB) submitted to shareholders a plan to increase its charter capital by 65% ​​from VND 5,713 billion… Read more »

TPBank wants to sell 40 million treasury shares

The purpose of selling treasury stocks is to increase the number of outstanding shares, restructure capital resources and supplement working capital. TPBank can earn nearly 1,170 billion dong if selling shares at the… Read more »