20190617_BSC_Vietnam Daily Review_EN_Cautious mentality_TA_VCG Short-term breakout

Highlights
• VN-Index decreased in the morning session. In the afternoon session, the index continue to decrease.
• Stocks contributed to VN-Index upward momentum including POW (+0.25 points); CTG (+0.17 points); EIB (+0.13 points); BVH (+0.11 points); DTL (+0.03 points).
• Stocks made the market decline including VHM (-1.9 points); VIC (-1.0 points); VRE (-0.63 points); NVL (-0.45 points); TCB (-0.42 points).
• The matching value of VN-Index today reached VND 2,232.5 billion. Today's trading range is 10.71 points. The market has 114 gainers and 187 losers.
• At the end of today's trading session, VN-Index decreased 6.66 points to close at 946.95 points. However, HNX-Index increased 0.04 points to 103.5 points.
• Foreign investors today bought a net of VND 103.56 billion on HOSE, focusing on VNM (VND 28.67billion), POW (VND 22.93 billion) and BVH(VND 15.34 billion). In addition, they bought a net of VND 1.46 billion on HNX.

Market outlook
In the morning, the VN-Index decreased with the selling force focused on bluechips such as VHM, VIC, SAB. In the afternoon session, the index continued to decrease and closed at 946.95 points because the selling force continued to increased on VHM, VIC, VRE. Foreign investors net sold on HOSE. In BSC's view, the market has a correction session with low liquidity due to profit-taking pressure in the maturity week of derivative contracts. Information on restructuring ETF portfolio and Fed interest rate meeting taking place on June 18-19 will have a strong impact on trading mentality this week.

Technical analysis
VCG Short-term breakout
(Please go to page 2 for buy/sell status of stocks and page 4 for Blue chip stocks information)