20190320_BSC_Vietnam Daily Review_EN_Electricity prices rise, some electricity stocks benefit_TA_PPC_Uptrend

Highlights
• VN-Index dropped in the morning, in the afternoon session, the market recovered slightly
• Stocks contributed to VN-Index upward momentum including VNM (+0.85 points); BVH (+0.49 points); SAB (+0.29 points); HPG (+0.25 points); POW (+0.21 points).
• Stocks made the market decline including VHM (-1.83 points); VRE (-1.1 points); VIC (-0.77 points); GAS (-0.75 points); MSN (-0.71 points).
• Cash flow focused on insurance and car & spare parts stock, liquidity decreased compared to yesterday's trading session.
• The matching value of VN-Index today reached VND 3,926.98 billion. Today's trading range is 11.23 points. The market has 121 gainers and 186 losers.
• At the end of today's trading session, VN-Index decreased by 4.29 points, closing at 1002.3 points. At the same time, HNX-Index decreased 0.44 to 109.62 points.
• Foreign investors today bought a net of VND 69.29 billion on HOSE, focusing on VCB (VND 64.04 billion), CTG (VND 58.36 billion) and PLX (VND 36.53 billion). In addition, they sold a net of VND 7.3 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 VHM, VIC, and VRE. In the afternoon, the index recovered slightly, because the selling pressure dropped on this group of stocks and the buying increased on large-cap codes like BVH, HPG, and STB. Foreign investors were net buyers and liquidity decreased compared to the previous session. From BSC's point of view, the Vietnamese market continued to have a correction session with the regional market, there was a time when the index fell below 1000 points. The world economy has not had big changes, the US-China trade agreement has not shown clear signs. Meanwhile, with domestic electricity prices increasing by about 8%, this makes some electricity stocks have significant benefits. Investors should limit investment in sensitive areas and have high risk of adjustment.

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