20190522_BSC_Vietnam Daily Review_EN_Continue decline momentum_TA_PLX_Uptren

Highlights
• VN-Index increased in the morning, but reversed and dropped in the afternoon.
• Stocks contributed to VN-Index upward momentum including CTG (+0.34 points); PLX (+0.27 points); BHN (+0.23 points); MBB (+0.16 points); BID (+0.15 points).
• Stocks made the market decline VNM (-0.73 points); GAS (-0.57 points); VCB (-0.56 points); MSN (-0.45 points); TCB (-0.37 points).
• The matching value of VN-Index today reached VND 2,884.1 billion. Today's trading range is 9.58 points. The market has 131 gainers and 164 losers.
• At the end of today's trading session, VN-Index dropped 2.51 points to close at 983.78 points. At the same time, HNX-Index dropped 0.15 points to 106.13 points.
• Foreign investors today sold a net of VND 23.89 billion on HOSE, focusing on VIC (VND 32.9 billion), SSI (VND 23.6 billion) and BVH (VND 20.7 billion). In addition, they bought a net of VND 97.05 billion on HNX.

Market outlook
The VN-Index in the morning increased compared to yesterday session, at the end of morning session, the VN-Index increased 3.77 points or 0.38%. The stocks which supported the market  the most, were GAS, VCB, VNM. In the afternoon, the index dropped slightly because the above stocks dropped simultaneously. In BSC's view, the pressure of taking profit continued to be the main reason that made the market correcting. Investors should continue to monitor the world oil price movements, especially the OPEC + meeting that took place on June 25-26 and new developments in the China-US trade war.

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