20190530_BSC_Vietnam Daily Review_EN_Weak sentiment_TA_HDB_Double bottom model

Highlights
• VN-Index fluctuated and increased slightly in the morning session. The VN-Index decreased slightly in the afternoon session.
• Stocks contributed to VN-Index upward momentum including SAB (+0.61 points); NVL (+0.27 points); VCB (+0.22 points); TCB (+0.2 points); HVN (+0.19 points)
• Stocks made the market decline including VHM (-1.00 points); PLX (-0.77 points); VNM (-0.72 points); MSN (-0.62 points); GAS (-0.34 points)
• The matching value of VN-Index today reached VND 2322.52 billion. Today's trading range is 7.32 points. The market has 127 gainers and 164 losers.
• At the end of today's trading session, VN-Index decreased by 2.2 points, closing at 969.34 points. The HNX-Index remained unchanged and closed at 105.32 points.
• Foreign investors today sold a net of VND 689.34 billion on HOSE, focusing on VJC (VND 690.06 billion), VHM (VND 33.83 billion) and VNM (VND 28.67 billion). They also sold a net of VND 6.9 billion on HNX.

Market outlook
In the morning session, the VN-Index fluctuated and increased slightly with the buying force focusing on blue-chips such as VIC, SAB, VRE, PLX, MSN and banking group such as BID, CTG, TCB, VCB. In the afternoon session, the index dropped slightly and closed at 969.34 because the selling force increased strongly in VNM, VHM, HPG, GAS and the drop of MSN. Foreign investors were net sellers today. From BSC's point of view, the market had a correction session with low liquidity as domestic and international market sentiment continues to be affected by negative information from prolong Sino - US trade war. In addition, a sharp decline in US government bond yields 10 years below 3 years US government interest rates also created concerns about the prospect of global recession.

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