20190228_BSC_Vietnam Daily Review_EN_Strong correction session_TA_HBC_Rebound effort

Highlights
• VN-Index dropped in the morning, in the afternoon session, the drop continued to rise, the index dropped sharply after the end of the session.
• Stocks contributed to VN-Index upward momentum including DHG (+0.1 points); VCI (+0.07 points); GTN (+0.069 points); BIC (+0.063 points); PME (+0.057 points).
• Stocks made the market decline including VHM (-5.31 points); VNM (-3.5 points); VIC (-3.31 points); VCB (-1.58 points); SAB (-1.46 points).
• Cash flow focused on communication and medical stock, liquidity increased slightly compared to yesterday trading session.
• The matching value of VN-Index today reached VND 4,522.94 billion. Today's trading range is 24.78 points. The market has 98 gainers and 220 losers.
• At the end of today's trading session, VN-Index decreased by 24.8 points, closing at 965.47 points. At the same time, HNX-Index decreased 1.77 to 105.86 points.
• Foreign investors today sold a net of VND 348.34 billion on HOSE, focusing on VIC (VND 91.07 billion), GTN (VND 88.63 billion) and VJC (VND 68.32 billion). In addition, they bought a net of VND 14.95 billion on HNX.

Market outlook 
The VN-Index dropped in the morning because of the large selling force focused on real estate stocks such as VIC, VHM and VRE. In the afternoon session, the downward momentum increased sharply, because the large selling force increased on most stocks in the market, especially focusing on blue-chips such as VHM, VIC, SAB and VNM. Foreign investors were net sellers and liquidity increased slightly compared to the previous session. From BSC's point of view, red dominates the domestic market and the region because the US-North Korea final meeting ends but no agreements are signed, and the profit-taking psychology is quite strong leading to a deep decline in the market. Investors should be careful to observe domestic and world economic developments in the coming time, especially the US-China trade talks, when US trade representative Robert Lighthizer said on February 27 that the US There will still be a need to maintain the threat of imposing tariffs on Chinese goods for many years even when a trade agreement is reached with the country.

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