20190718_BSC_Vietnam Daily Review_EN_Corrected session_TA_PVB_Strong uptrend

Highlights
• VN-Index slumped down today.
• Stocks made the market up including MWG (+0.31 points); VCB (+0.21 points); BID (+0.15 points); PHR (+0.12 points); MBB (+0.06 points).
• Stocks made the market decline including MSN (-1.32 points); GAS (-0.95 points); VIC (-0.69 points); NVL (-0.45 points); BVH (-0.44 points).
• The matching value of VN-Index today reached VND 2,804.4 billion, down 16.8% compared to the previous session. Today's trading range is 4.48 points. The market has 115 gainers and 180 losers.
• At the end of today's trading session, VN-Index dropped 6.52 points to close at 976.05 points while HNX-Index increased 0.16 points to 106.74 points.
• Foreign investors today net bought 84.34 billion dong on HOSE focusing on PLX (102.54 billion), VCB (28.20 billion) and CTD (27.18 billion). However, they net sold 34.33 billion dong on HNX.


Market outlook 
Correcting pressure of large-cap stocks such as BVH, FPT, GAS, MSN, PNJ appeared from the beginning of the morning session was the main reason for the market's decreasing. In the afternoon, the market continued to go down due to strong selling force at some blue-chips like BVH, MSN, and VJC along with gloomy trading of banking and petrolium codes. At the close, the market dropped 6.52 points to 976.05 points. Market liquidity and net buying value of foreign investors also decreased compared to recent sessions. The F1907 futures contract matured and the unstable psychology of the tension of US-China trade war also contributed to the negative direction of the market today.



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