20180604_BSC_Vietnam Daily Review_EN_The green overwhelming_TA_HPG _ Breaking the Downtrend

Highlights
• Continuing the recovery momentum from the bottom, today session was still very positive.
• The leaders were VNM (+3.24 points), VCB (+2.72 points), VJC (+1.64 points), VPB (+1.57 points), HPG (+1.49 points).
• The laggards were SAB (-0.71 points), GAS (-0.12 points), CII (-0.04 point), PPC (-0.03 points), CAV (-0.03 points).
• In the trading day, the increase was mainly from stocks from Banking and Securities groups.
• The trading value of VN-Index today reached VND 4526.8 billion. The trading range was at 21.77 points today. The market recorded 205 gainers and 94 losers.
• Ending the trading session today, VN-Index gained 20.91 points, closing at 1013.78 points. Along with that, the HNX-Index rose 2.57 points to 118.32 points.
• Foreign investors today were net buyers of 7.66 billion dong on HOSE, focusing on HPG (115 billion), VNM (62 billion) and VCB (54 billion). In contrast, they net sold VND66.84 billion on the HNX.

Market outlook
After a series of decreases during the last two months, the VN-Index has now surpassed 1,000 points and increased 8% from the bottom. The market recovered quite fast and strong and has not witnessed any strong correction. Demand from the morning was positive, and maintained throughout the day today. The market did not react strongly to the negative information of the State Securities Commission, or TCB closed at the floor price on the first trading day. The major upward momentum came from main stocks, and those in Banking and Securities groups. BSC believes that after the recovery momentum, the market may experience some adjustment sessions. Investors should invest in corrective sessions, instead of buying when the market is increasing in the near future.

Technical analysis
HPG _ Breaking the Downtrend
(Please go to page 2 for trading status of stocks and page 4 for Blue chip stocks information)