20190308_BSC_Vietnam Daily Review_EN_Slight adjustment at the weekend_TA_DQC_Short-term breakout

Highlights
• VN-Index dropped in the morning, in the afternoon session, the index continued dropping slightly.
• Stocks contributed to VN-Index upward momentum including SAB (+0.76 points); CTD (+0.13 points); PHR (+0.11 points); EIB (+0.09 points); GTN (+0.04 points).
• Stocks made the market decline including VNM (-1.43 points); GAS (-1.16 points); VIC (-1.07 points); BID (-0.93 points); TCB (-0.53 points).
• Cash flow focused on chemicals and medical stock, liquidity decreased compared to yesterday's trading session.
• The matching value of VN-Index today reached VND 3,564.36 billion. Today's trading range is 7.5 points. The market has 117 gainers and 192 losers.
• At the end of today's trading session, VN-Index decreased by 8.78 points, closing at 985.25 points. At the same time, HNX-Index decreased 0.66 to 108.22 points.
• Foreign investors today bought a net of VND 12.81 billion on HOSE, focusing on HPG (VND 30.85 billion), CTD (VND 24.89 billion) and SSI (VND 23.27 billion). In addition, they sold a net of VND 6.28 billion on HNX.

Market outlook 
VN-Index dropped in the morning because of the large selling force focused on blue-chips such as VNM, GAS, VIC. In the afternoon session, the index dropped slightly, because the selling increased slightly on this group. Foreign investors were net buyers and liquidity decreased compared to the previous session. In BSC's view, the Vietnam and regional and international stock markets have a correction session, in which the US market has lost 4 consecutive trading sessions due to the influence of the news ECB lowered the forecast of Europe economic growth and the information that the US increased the trade deficit despite many efforts to improve the balance of President Trump. Investors should carefully observe economic fluctuations in the country and the region, especially when there is a lack of supportive information and fluctuating movements of the US-China trade negotiations.

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