20200714_BSC_Vietnam Daily Review_EN_Consolidate movement_TA_DPM_Consolidating

Market outlook 
Stock market: The market opened with red color covering the market. But the decline weakened over time and only dropped by 0.98 points at the end of the afternoon session. The cash flow of investment increased again when 13/19 sector gained points during the session. Meanwhile, foreign investors continued to be net sellers on both HSX and HNX. Market liquidity continued to decline slightly, the market breadth was almost neutral and the market amplitude narrowed. All these indicators hinted that the cautious sentiment would continue along with the consolidating movement. Investors should their portfolio proportion and monitor market movements and macro information before making investment decisions in the coming period.

Future contracts: All future contracts increased in contrast with VN30. Investors might consider buying with target price around 820 points for short-term contracts.

Covered warrants: In the trading session on July 14, 2020, majority of coverred warrants decreased while underlying securities diverged in terms of price. Trading value increased positively.

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

Highlights
• VN-Index -0.61 points, closed at 868.11 points. HNX-Index +0.49 points, closed at 116.14 points.
• Pulling up the index: VHM (+1.34); GVR (+0.23); VNM (+0.20); HPG (+0.20); GEX (+0.16).
• Pulling the index down: GAS (-1.47); SAB (-0.91); MSN (-0.20); TCB (-0.20); LGC (-0.20).
• The matched value of VN-Index reached VND 3,198 billion, down -8.3% compared to the previous session.
• The trading band was 7.83 points, unchanged from the previous session. The market has 181 gainers, 83 unchange and 178 losers.
• Foreign investors' net selling value: VND -73.12 billion on HOSE, including VRE (VND -21.5 billion), MBB (VND -15.6 billion) and MSN (VND -12.5 billion). Foreigners were net sellers on the HNX with a value of VND -2.08 billion.