20200603_BSC_Vietnam Daily Review_EN_Testing the 880 level_ KDH_Uptrend

Market outlook 
Stock market: The market gained slightly when the uptrend lasted for the entire sessions. Foreigners were net sellers on both HSX and HSX. The investment cash flow spread in 12/19 sectors with the strongest increase in the Chemicals sector (PHR, GVR) and Banking sector (HDB, ACB). Market breadth turned to a positive state, the market amplitude was unchanged and the liquidity dropped sharply. All these indicators show beginning side of cautious trading activities in the market. BSC recommends that investors can open positions at good fundamental stocks in the coming sessions if the market maintains its uptrend along with high liquidity.

Future contracts:  All future contracts increased following VN30. Investors might consider selling and buying back with target price around 795 points for short-term contracts.

Covered warrants: In the trading session on June 3, 2020, majority of underlying securities increased, while coverred warrants diverged in terms of price. Trading value decreased strongly.


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

Highlights
• VN-Index +6.37 points, closed at 881.17. HNX-Index +2.85 points, closed at 116.49.
• Pulling up the index: VCB (+1.38); GAS (+0.88); CTG (+0.59); HDB (+0.52); BID (+0.52).
• Pulling the index down: SAB (-1.24); VJC (-1.04); CTD (-0.48); HPG (-0.47); HVN (-0.34).
• The matched value of VN-Index reached VND 4,244 billion, a decrease of -29.7% compared to the previous session.
• The trading band was 7.16 points, almost unchanged compared to the previous session. The market saw 203 gainers, 65 unchange and 157 losers.
• Foreign investors' net selling value: VND -65.26 billion on HOSE, including E1VFVN30 (VND -131.2 billion), CII (VND -50.2 billion) and BVH (VND -20.7 billion). Foreigners were net sellers on the HNX with a value of VND -17.78 billion.