20191014_BSC_Vietnam Daily Review_EN_Continuing the recovery momentum, US China in agreement_TA_ CTG_Positive signal

Market outlook 
In the morning, the VN-Index continued the rise of the previous session thanks to the breakthrough of Banking stocks including BID, CTG, TCB, and VCB before the announcement of the Ministry of Finance about Moody's credit rating of Vietnam. In the afternoon, the index stayed in green when the Banking stocks still played a role of supporting the market. However, the pull from the Vin duo VHM and VRE also narrowed the gain. Foreigners have turned back to be net buyers on the HSX. The market saw a thriving session following the trend of other stock markets in the region. The first phase agreement between the United States and China focused on improving concerns about intellectual property, financial services, currency and agricultural products, which have partly brought positive prospects for the world economy. Thereby, reducing the pressure on investor sentiment.

Future contracts: Future contracts increased following VN30. Investors should prioritize selling and buying back with target price around 910 points for long-term contracts.
Covered warrants: In the trading session on October 14, 2019, majority of coverred warrants increased following with underlying securities. Trading volume decreased slightly.

Technical analysis: CTG_ Positive signal
(Please go to page 2 for buy/sell status of stocks and page 4 for Blue chip stocks information)

Highlights
• VN-Index +1.73 points, closed at 993.57. HNX-Index +0.78 points, closed at 106.05.
• Pulling up the index: CTG (+0.62); MBB (+0.48); BID (+0.36); TCB (+0.31); VNM (+0.31).
• Pulling the index down: VHM (-0.49); VRE (-0.44); VCB (-0.32); GAS (-0.16); MSN (-0.14).
• The matched value of VN-Index reached 3,494 billion, +22.7% compared to the previous session.
• The trading band is 4.75 points. The market saw 176 gainers, 63 references and 137 losers.
• Foreign investors' net buying value: 25.92 billion on HOSE, including NVL (27.08 billion), VIC (17.77 billion) and VCB (14.94 billion). Foreigners were net sellers on the HNX with a value of 6.67 billion.