20190410_BSC_Vietnam Daily Review_EN_Negative psychology_TA_PVS_Correction

Highlights
• VN-Index decreased sharply in the morning. In the afternoon session, the index recovered slightly compared to the morning session.
• Stocks contributed to VN-Index upward momentum including SAB (+0.37 points); VRE (+0.28 points); ROS (+0.14 points); GAS (+0.12 points); VJC (+0.07 points).
• Stocks made the market decline including VHM (-1.32 points); VIC (-1.16 points); VCB (-1.02 points); BID (-0.57 points); PLX (-0.31 points).
• The cash flow focused on stocks in Tourism&Entertainment and Food&Beverage industry, liquidity decreased slightly compared to the yesterday session.
• The matching value of VN-Index today reached VND 2,877.2 billion. Today's trading range is 10.44 points. The market has 113 gainers and 180 losers.
• At the end of today's trading session, VN-Index decreased by 6.57 points, closing at 981.91 points. At the same time, HNX-Index decreased 0.27 to 107.43 points.
• Foreign investors today bought a net of VND 82.15 billion on HOSE, focusing on VNM (60.5 billion), VRE (32.14 billion) và VHM (28.7 billion). In addition, they bought a net of VND 25.45 billion on HNX.

Market outlook
The VN-Index in the morning fell sharply due to the selling force focused on blue-chips such as VHM, VIC and VCB. In the afternoon, the index's drop in the morning was narrowed because some pillars of VRE and GAS gained stronger than the morning session and some stocks dropped sharply in the morning with signs of narrowing the drop as HPG. While foreign investors supported the market when net buying on both exchanges today. From BSC's point of view, Vietnam's stock market has corrected and reversed sessions with regional markets due to concerns from the IMF's adjustment of global economic growth forecast. Investors should continue to monitor macroeconomic developments in the world, especially keeping a cautious sentiment before the risk of a second trade boom.

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