20190524_BSC_Vietnam Daily Review_EN_Ghost from trade war_TA_MWG_Uptrend

Highlights
• VN-Index fluctuated and decreased slightly in the morning session and the decrease momentum was improved in the afternoon session.
• Stocks contributed to VN-Index upward momentum including MWG (+0.14 points); POW (+0.14 points); LGC (+0.11 points); DHG (+0.08 points); VJC (+0.08 points)
• Stocks made the market decline including VHM (-2.00 points); VIC (-1.91 points); GAS (-1.49 points); VCB (-1.22 points); MSN (-0.97 points)
• The matching value of VN-Index today reached VND 3177.94 billion. Today's trading range is 13.11 points. The market has 110 gainers and 185 losers.
• At the end of today's trading session, VN-Index decreased by 12.68 points, closing at 970.03 points. The HNX-Index also decreased by 0.91 points to 105.39 points.
• Foreign investors today sold a net of VND 285.4 billion on HOSE, focusing on VNM (VND 70.6 billion), HPG (VND 60.74 billion) and VIC (VND 38.12 billion). They also sold a net of VND 8.57 billion on HNX.

Market outlook
In the morning, the VN-Index fluctuated and decreased slightly with the selling force focused on bluechips such as VIC, VHM, GAS, MSN, VNM, PLX and banking group such as BID, CTG, TCB. In the afternoon session, the index's drop in the morning session was expanded and closed at 970.03 because the selling force continued to increase strongly in VIC, VHM, MSN, GAS and banking group such as VCB, BID and TCB. Foreign investors remained net sellers today. From BSC's point of view, the market continues to correct when the domestic and international market sentiment continues to be affected by negative information from the US-Sino trade war as well as concerns about losses for the global economic outlook as this war continues to prolong. Investors should continue to monitor domestic and international macroeconomic news as well as reduce the proportion of portfolio in this period.

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