20190821_BSC_Vietnam Daily Review_EN_Exciting momentum_TA_HCM_ Rebound

Market outlook 
Despite the struggle during opening in the morning session, VN-Index quickly regained the green color and widened the increase range thanks to the breakthrough of blue-chips in Banking and Oil and Gas sectors such as VCB, BID, GAS. In the afternoon session, the gaining trend was strengthened and the index successfully conquered 990 points thanks to VCB's impressive rebound. VN-Index saw the 6th gaining session in a row along with positive liquidity, showing that investors' psychology is still positive. Besides, the market was also supported by the net buying action of foreign investors. In favorable conditions, VN-Index may approach to test the strong resistance of 1000 points this week.

Future contracts: Future contracts increased following upward movement of VN30. Investors should prioritize selling and buying back at target price around 880 points for short-term contracts.
 

Covered warrants: In the trading session on August 21, 2019, coverred warrants market was positive, while underlying securities were diverged in term of price. Trading volume increased. MBB accumulated around resistance level of 24. Liquidity and technical indicators showed signal for positive increase in the short term, creating momentum for its coverred warrants to increase in the coming sessions.

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

Highlights
• VN-Index +9.71 points, closing 994.38. HNX-Index +0.03 points, closing 103.01.
• Pulling up the index: VCB (+3.50); VIC (+1.39); GAS (+1.26); BID (+1.08); VHM (+0.59).
• Pulling down the index: VNM (-0.25); FPT (-0.07); HNG (-0.06); DHG (-0.04); IJC (-0.03).
• The matching value of VN-Index reached 3,292.68 billion, +17.9% compared to the previous session.
• The trading range is 12.14 points. The market had 138 gainers and 164 losers.
• Foreign investors' net buying value: 113.35 billion on HOSE, including CMG (202.95 billion), CTI (25.44 billion) and MSN (15.84 billion). Foreign investors were net sellers on HNX with the value of 59.09 billion.