20190227_BSC_Vietnam Daily Review_EN_Accumulation to create momentum_TA_TCM_Break through the peak

Highlights
• VN-Index gained slightly in the morning, in the afternoon, the index dropped but at the end, it still gained slightly.
• Stocks contributed to VN-Index upward momentum including VIC (+1.85 points); VNM (+0.85 points); VHM (+0.71 points); BVH (+0.42 points); GAS (+0.35 points).
• Stocks made the market decline including VCB (-1.24 points); TCB (-0.26 points); CTG (-0.22 points); VJC (-0.14 points); PLX (-0.11 points).
• Cash flow focused on car & spare parts and medical stock, liquidity decreased slightly compared to yesterday trading session.
• The matching value of VN-Index today reached VND 4,048.58 billion. Today's trading range is 6.37 points. The market has 163 gainers and 142 losers.
• At the end of today's trading session, VN-Index increased by 3.21 points, closing at 990.27 points. At the same time, HNX-Index decreased 0.03 to 107.63 points.
• Foreign investors today bought a net of VND 53.13 billion on HOSE, focusing on MSN (VND 42.3 billion), HPG (VND 26.19 billion) and BWE (VND 17.66 billion). In addition, they sold a net of VND 349.97 billion on HNX.

Market outlook 
VN-Index gained slightly in the morning because of the purchasing power focused on blue-chips such as VIC, VNM, VHM and GAS. In the afternoon session, the momentum was partly because of the large selling force in banking stocks such as VCB, TCB and CTG. Foreign investors were net buyers and liquidity decreased slightly compared to the previous session. From BSC's point of view, market sentiment was more positive than yesterday, but profit-taking sentiment still appeared, the market also lacked the support cash flow to turn up. Investors should pay attention to economic and political developments such as the US-Democratic People's Republic of Korea summit meeting, FED announcement and negotiations from the US-China trade war to structure the portfolio to be effective under market fluctuations.

Technical analysis
TCM_Break through the peak
(Please go to page 2 for buy/sell status of stocks and page 4 for Blue chip stocks information)