20190822_BSC_Vietnam Daily Review_EN_A slight increase_TA_TNG_Rebound

Market outlook 
Although the gain was still maintained, VN-Index struggled within a small range at the reference level of 1000 points. Bracing around the differentiation of cash flow into large-cap stocks. In the afternoon, the index improved thanks to strong buying focused on VIC and VHM. VN-Index's sideways movement is in line with the movement of the market in the region when the minutes of the FED meeting clearly show dissent in the decision to raise interest rates of the previous month. Although still keeping the green color, the liquidity dropped slightly, showing the cautiousness of investors before the strong resistant level of 1,000 points.

Future contracts: Future contracts were diverged in term of price. Short-term contracts decreased, while medium- and long-term contract decreased. 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 22, 2019, coverred warrants market was negative as coverred warrants decreased following downward movement of underlying securities. Trading volume decreased. PNJ dropped to 83 after peaking at 88. Liquidity and technical indicators showed signs of short-term decline after the stock accumulated around 85, creating downward pressure on its coverred warrants in the coming sessions.

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

Highlights
• VN-Index +2.88 points, closing 997.26. HNX-Index +0.49 points, closing 103.50.
• Pulling up the index: VIC (+3.75); VHM (+0.59); MSN (+0.35); VJC (+0.21); BVH (+0.18).
• Pulling down the index: MWG (-0.36); SAB (-0.35); GAS (-0.33); BID (-0.25); CTG (-0.16).
• The matching value of VN-Index reached 2,861.6 billion, -15.06% compared to the previous session.
• The trading range is 5.44 points. The market has 141 gainers and 161 losers.
• Foreign net selling value: 87.54 billion on HOSE, including VJC (58.84 billion), OPC (36.32 billion) and VRE (14.19 billion). Foreign investors were net sellers on HNX with the value of 9.09 billion.