20190506_BSC_Vietnam Daily Review_EN_Trump threatened to raise taxes_TA_ANV_Breakout

Highlights
• VN-Index dropped significantly in the morning. In the afternoon session, continue the downward momentum.
• Stocks contributed to VN-Index upward momentum including LGC (+0.09 points); BHN (+0.07 points); GTN (+0.06 points); VCF (+0.049 points); DHG (+0.048 points).
• Stocks made the market decline including GAS (-2.68 points); VHM (-1.43 points); BID (-1.15 points); VNM (-1.0 points); BVH (-0.81 points).
• The matching value of VN-Index today reached VND 2,779.3 billion. Today's trading range is 9.48 points. The market has 85 gainers and 240 losers.
• At the end of today's trading session, VN-Index decreased by 16.17 points, closing at 957.97 points. At the same time, HNX-Index decreased 1.46 to 105.42 points.
• Foreign investors today bought a net of VND 77.97 billion on HOSE, focusing HPG (40.8 billion), PLX (23.2 billion) và VCB (12.1 billion). In addition, they sold a net of VND 1.85 billion on HNX.

Market outlook
VN-Index in the morning decreased significantly compared to the trading session last week, ending the morning session, VN-Index dropped 13.05 points or -1.34%. The pillar stocks dragged the market down the most including GAS, VHM, VNM, SAB. In the afternoon session, the downward trend continued with the morning session as stocks like GAS, VHM continued falling. In BSC's view, the market has a strong decline in the same period with the markets in the region, the market is experiencing strong fluctuations after the information about US President Donald Trump threatening to increase import tax. Exports for Chinese goods and US-China trade negotiations are at risk of being interrupted. This is a relatively sensitive period, investors should closely monitor the above developments to make investment decisions.

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