20190603_BSC_Vietnam Daily Review_EN_Red tide_TA_VEA_Uptrend

Highlights
• VN-Index dropped in the morning. In the afternoon session, the decline was widened.
• Stocks contributed to VN-Index upward momentum including SAB (+0.57 points); EIB (+0.33 points); BVH (+0.1 points); BHN (+0.07 points); DTL (+0.04 points).
• Stocks made the market decline including GAS (-1.66 points); VHM (-1.4 points); TCB (-1.15 points); HVN (-0.99 points); BID (-0.92 points).
• The matching value of VN-Index today reached VND 3,166.3 billion. Today's trading range is 15.5 points. The market has 72 gainers and 238 losers.
• At the end of today's trading session, VN-Index dropped 13.41 points to close at 946.47 points. At the same time, HNX-Index decreased 1.07 points to 103.28 points.
• Foreign investors today bought a net of VND 7.27 billion on HOSE, focusing on SBT (VND 141.1 billion), VNM (VND 17.8 billion) and PHR (VND 12 billion). In addition, they bought a net of VND 13.48 billion on HNX.

Market outlook
In the morning, the VN-Index decreased with the selling force focused on bluechips such as VHM, GAS, PLX. In the afternoon session, the index's drop in the morning session was widened and closed at 946.47 points because the selling force continued to increase strongly in GAS, VHM, TCB. Foreign investors continued to be net sold on HOSE and HNX. In BSC's view, the market continued to have a correction session because the domestic and international market sentiment was negatively affected by the escalation of trade tension between the US and 30 countries. Investors should trade cautiously and reduce the investment proportion in this period.

Technical analysis
VEA_Uptrend
(Please go to page 2 for buy/sell status of stocks and page 4 for Blue chip stocks information)