20190807_BSC_Vietnam Daily Review_EN_Rebound session_TA_AST_ Uptrend

Market outlook 
From the beginning of the session, VN-Index recovered slightly thanks to increasing buying pressure on blue-chips like VCB, VHM, VNM. In the afternoon session, the index moved around reference level mainly because large-cap codes like VCB, MWG and VIC, GAS struggled. Inheriting the recovery momentum of the major markets in the world, VN-Index had a positive trading session after three consecutive declining sessions as investor sentiment became less pessimistic thanks to the Chinese central bank reassuring currency policy. However, in the face of no supporting information, the index will continue to fluctuate and shake strongly in the price range of 960 - 975 points.

Future contracts: Future contracts diverged from the movement of VN30. Majority of future contracts decreased slightly compared to the previous session. Investors should prioritize buying with target price around 870 points for short-term contracts and buying with target price around 880 points for longerer term contracts.
Coverred warrants: In the trading session on August 7, 2019, the market was positive as coverred warrants increased following upward movement of underlying securities. Trading volume increased slightly. Apart from MWG, technical indicators showed extended uptrend for underlying securities FPT and PNJ, creating momentum for their coverred warrants to increase in the coming sessions.

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

Highlights
• VN-Index +1.32 points, closing 965.93. HNX-Index +0.00 points, closing 101.89.
• Pulling up the index: VCB (+2.36); MWG (+0.54); VHM (+0.49); VNM (+0.41); HPG (+0.29).
• Pulling down index: VIC (-1.75); GAS (-0.83); BID (-0.49); BVH (-0.30); ROS (-0.16).
• The matching value of VN-Index reached VND 2,806.03 billion, -21.96% compared to the previous session.
• The trading range is 10.32 points. The market has 166 gainers and 143 losers.
• Net selling value of foreign investors: VND 219.96 billion on HOSE, including VJC (57.08 billion), NVT (21.49 billion) and VRE (19.02 billion). Foreign investors were net buyers on HNX with the value of VND 5.75 billion.