20190516_BSC_Vietnam Daily Review_EN_Strong pressure of profit taking_TA_NLG_Short-term consolidation

Highlights
• VN-Index increased slightly in the morning. In the afternoon session, the gaining momentum narrowed.
• Stocks contributed to VN-Index upward momentum including VIC (+1.53 points); VHM (+1.00 points); VNM (+0.41 points); BHN (+0.25 points); EIB (+0.13 points).
• Stocks made the market decline including SAB (-1.54 points); BID (-0.31 points); MSN (-0.28 points); POW (-0.21 points); BVH (-0.21 points).
• The matching value of VN-Index today reached VND 2,827.2 billion. Today's trading range is 5.53 points. The market has 122 gainers and 160 losers.
• At the end of today's trading session, VN-Index increased 0.05 points to close at 975.69 points. At the same time, HNX-Index decreased 0.34 points to 106.09 points.
• Foreign investors today sold a net of VND 130.54 billion on HOSE, focusing on VHM (37.2 billion), VRE (15.8 billion) and HPG (15.3 billion). In addition, they bought a net of VND 42.93 billion on HNX.

Market outlook
VN-Index in the morning increased compared to yesterday, ending the morning session, the VN-Index increased 1.44 points or 0.15%. Stocks that pulled the market up the most include VIC, GAS, VCB. In the afternoon, strong selling pressure in ATC session made the gaining trend narrow, while foreign investors sold a strong net selling on HOSE. In BSC's view, the market has a fifth consecutive recovery session, the market liquidity is positive, partly due to the pressure of profit taking in derivatives contract maturity today.

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