20190626_BSC_Vietnam Daily Review_EN_Continue correcting_TA_TNG_Breaking through the peak

Highlights
• VN-Index increased in the morning session. In the afternoon session, he index decreased.
• Stocks contributed to VN-Index upward momentum including GAS (+0.68 points); MSN (+0.52 points); VIC (+0.5 points); BID (+0.41 points); NVL (+0.39 points).
• Stocks made the market decline including VCB (-2.09 points); VHM (-0.5 points); TCB (-0.36 points); HVN (-0.27 points); CTG (-0.17 points).
• The matching value of VN-Index today reached VND 2,587.8 billion. Today's trading range is 4.32 points. The market has 143 gainers and 151 losers.
• At the end of today's trading session, VN-Index decreased 1 points to close at 959.13 points. However, HNX-Index decreased 0.2 points to 103.95 points.
• Foreign investors today bought a net of VND 159.05 billion on HOSE, focusing on VIC (VND 36.72 billion), VHM (VND 20.82 billion) and BID (VND 20.25 billion). In addition, they bought a net of VND 9.26 billion on HNX.

Market outlook
In the morning, the VN-Index increased with the buying force focused on banking bluechips such as GAS, BID, MSN. In the afternoon session, VN-Index decreased and closed at 959.13 points because the selling force continued to increased in VCB, VHM, TCB along with CTG decreased. Foreign investors net buying on HOSE. In BSC's view, the domestic markets continue to have the correction session because of the profit-taking with the liquidity is low, showing that cautious sentiment of investors with FED's announcement has lowered expectations of reducing interest rate. The meeting of the G20 between China-US this weekend will greatly affect the volatility of the market in the coming days.

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