20190709_BSC_Vietnam Daily Review_EN_Recovery session_TA_PVS_ Positive signal

Highlights

• VN-Index fluctuated and decreased slightly in the morning session, reversed and increased in the afternoon sesion.
• Stocks contributed to VN-Index upward momentum including GAS (+0.80 points); VCB (+0.66 points); VRE (+0.42 points); VNM (+0.41 points); MWG (+0.36 points).
• Stocks made the market decline including HPG (-0.32 points); TCB (-0.21 points); LGC (-0.11 points); MSN (-0.10 points); POW (-0.10 points).
• The matching value of VN-Index today reached VND 2,722.36 billion, a rise of 62.06% from yesterday session. Today's trading range is 6.00 points. The market has 163 gainers and 136 losers.
• At the end of today's trading session, VN-Index decreased 2.70 points to close at 969.05 points. At the same time, HNX-Index decreased 1.29 points to 105.10 points.
• Foreign investors today bought a net of VND 51.13 billion on HOSE,focusing on PLX (67.37 billion), VRE (34.90 billion) và VGC (15.79 billion). In addition, they bought a net of VND 7.80 billion on HNX

Market outlook
In the morning, VN-Index fluctuated and decreased slightly when stock prices diverged, with selling focused on stocks such as VNM, VIC, HPG, while buying focused on stocks such as VCB, VHM, VRE. In the afternoon, the index increased because of buying increased on bluechips such as GAS, VCB, VRE, VNM, and MWG. From BSC’s point of view, after the correction yesterday, the market had an upward correction with positive liquidity. BSC expects VN-Index will continue to move in the price range of 960-980 in the next sessions in the period of waiting for signals of Fed’s interest rate policy through the semi-annual testimony of chairman Jerome Powell.

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