20180605_BSC_Vietnam Daily Review_EN_Surpassed the resistance_TA_PNJ _ Possibility of reaching the old Peak

Highlights
• Contrary to the strong increase in the previous recovery sessions, the index today is struggling.
• The leaders were GAS (+3.84 points); SAB (+1.20 points); PLX (+1.13 points); VNM (+0.91 points); VIC (+0.91 points)
• The laggards were TCB (-2.34 points); VCB (-0.79 points); HPG (-0.47 points); VRE (-0.17 points); BID (-0.10 points)
• Instead of the support from the banking sector, the main gainers came from oil & gas and some Blue-chips such as CTD, DHG, and SAB.
• The trading value of VN-Index in today session reached 4808.6 billion. The trading range was 13.67 points. The market recorded 162 gainers and 123 decliners.
• By the ending of the session, VN-Index increased 8.96 points, closing at 1022.74 points. However, HNX-Index decreased 0.14 points to 118.18 points.
• Foreign investors today net sold 36.69 billion on HOSE, focusing on VHM (43 billion), DHG (30.7 billion) and GAS (17 billion). Additionally, they also net sold 25.65 billion on HNX.

Market outlook
Contrary to strong demand in previous sessions, today's session witnessed the shaking fluctuation of the index. Main drivers for the market also rotated: Oil & Gas and some other stocks such as CTD, DHG, SAB were the main stocks of the market in lieu of Banking sector. The market also has a differentiation when the VN-Index only recovered 9.7% while some stocks have risen by 20%. Reversal pressure appears but the adjustment will not be too strong. BSC believes that investors should invest in adjustment sessions, avoid buying and choosing stocks with good fundamental basement.

Technical analysis
PNJ _ Possibility of reaching the old Peak
(Please go to page 2 for trading status of stocks and page 4 for Blue chip stocks information)