20190123_BSC_Vietnam Daily Review_EN_Cautious psychology_TA_STB_Short-term uptrend

Highlights
• VN-Index decreased slightly in the morning, but reversed and increased in the afternoon.
• Stocks contributed to VN-Index upward momentum including CTG (+0.45 points); HPG (+0.35 points); VNM (+0.26 points); STB (+0.23 points); VCB (+0.22 points)
• Stocks made the market decline including MSN (-0.74 points); TCB (-0.26 points); CTD (-0.14 points); ); PLX (-0.11 points); BHN (-0.1 points)
• Cash flow focused on steel and aquaculture stock, liquidity slightly decreased compared to yesterday.
• The matching value of VN-Index today reached VND 1981.6 billion. Today's trading range is 5 points. The market has 143 gainers and 124 losers.
• At the end of today's trading session, VN-Index increased by 1.63 points, closing at 908.18 points. And the HNX-Index also increased by 0.14 points to 102.67 points.
• Foreign investors today bought a net of VND 23.14 billion on HOSE, focusing on CTG (VND 35.97 billion), STB (VND 30.83 billion) and VNM (VND 21.61 billion). They also bought a net of VND 46.05 billion on HNX.

Market outlook 
The VN-Index in the morning fell slightly because the selling focused on blue-chips like MSN, BID and VHM. In the afternoon session, the index reversed to rise in comparison with the morning session because the demand increased strongly in CTG, HPG and VNM. Foreign investors net bought and liquidity declined slightly compared to yesterday. From BSC's point of view, the expectation as well as concerns about the slowdown of the world economy in the forecast of IMF adjustment is still covering the market. Market trend will continue to move around 910 points.

Technical analysis
STB _Short-term uptrend
(Please go to page 2 for buy/sell status of stocks and page 4 for Blue chip stocks information)