20190305_BSC_Vietnam Daily Review_EN_Struggled trading session_TA_CTG_Recovery trend

Highlights
• VN-Index gained in the morning, in the afternoon session, the gaining trend dropped, and the index dropped slightly compared to yesterday.
• Stocks contributed to VN-Index upward momentum including BID (+1.04 points); GAS (+0.58 points); BVH (+0.38 points); SAB (+0.29 points); POW (+0.25 points).
• Stocks made the market decline including VHM (-2.24 points); VNM (-0.47 points); PLX (-0.39 points); TCB (-0.21 points); NVL (-0.19 points).
• Cash flow focused on Insuarance and Utilities stock, liquidity increased slightly compared to yesterday's trading session.
• The matching value of VN-Index today reached VND 4,497.46 billion. Today's trading range is 12.33 points. The market has 159 gainers and 148 losers.
• At the end of today's trading session, VN-Index decreased by 1.54 points, closing at 992.45 points. At the same time, HNX-Index decreased 0.29 to 108.24 points.
• Foreign investors today bought a net of VND 92.12 billion on HOSE, focusing on VRE (VND 34.25 billion), HPG (VND 34.22 billion) and HBC (VND 31.63 billion). In addition, they bought a net of VND 48.2 billion on HNX.

Market outlook 
The VN-Index gained in the morning because of the large purchasing power focused on banking-finance stocks such as BID, VCB, CTG and BVH. In the afternoon, the gaining trend dropped, because the buying power dropped strongly on these stocks along with the strong selling pressure on large-cap codes like VHM and VNM. Foreign investors were net buyers and liquidity increased slightly compared to the previous session. From BSC's point of view, the market has struggled around the 1,000 point level when there was a time to surpass this mark. However, the market lacks new supporting information, along with the psychology of taking profits spreading in the regional and domestic markets before the possibility of President Trump and President Xi Jinping meeting this month, somewhat causing the index to turn down in the afternoon session. Investors should be cautious in trading sessions like this and can reduce the proportion of stocks in the portfolio.

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