20190814_BSC_Vietnam Daily Review_EN_Increased session_TA_ VPI_Uptrend

Market outlook 
From the beginning of the morning, thanks to increasing buying force on blue-chips like VHM, VRE, BVH, the index rose to nearly 976 points. In the afternoon, with the weakening of pillar codes, the gaining trend was narrowed and VN-Index closed at 968.91 points. The market has a rebound session following the general trend in the region before the news that the US government decided to postpone the 10% tax on some items of the 300 billion USD of goods imported from China until December 15. However, low liquidity also showed that investors are still maintaining cautious psychology before unpredictable macro developments in the world.

Future contracts: Future contracts increased following upward movement of VN30. Investors should prioritize selling and buying back with target price around 865 points for short-term contracts, and should prioritize buying with target price around 880-885 points for medium and long-term contracts.
Covered warrants: In the trading session on August 14, 2019, the market was positive as all coverred warrants increased following upward movement of underlying securities. Trading volume decreased. Technical indicators show short-term trend of recovery for HPG. However, HPG is approaching resistance level of 24. Meanwhile, FPT is operating around the upper level of the uptrend channel, and may encounter technical adjustment in the short term. Coverred warrants with HPG and FPT as underlying securities may encounter downward pressure in the coming sessions.

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

Highlights
• VN-Index +2.08 points, closing 968.91. HNX-Index -0.31 points, closing 101.98.
• Pulling up the index: GAS (+0.51); VIC (+0.49); VNM (+0.36); BVH (+0.25); TCB (+0.21).
• Pulling down the index: PLX (-0.27); VJC (-0.14); VRE (-0.13); CTG (-0.11); PNJ (-0.08).
• The matching value of VN-Index reached 2,685.08 billion, -18.5% compared to the previous session.
• The trading range is 7.08 points. The market had 169 gainers and 138 losers.
• Net selling value of foreign investors: 222.77 billion on HOSE, including VJC (78.44 billion), STB (23.74 billion) and VPI (22.34 billion). Foreign investors were net sellers on HNX with the value of 10.23 billion.