20190531_BSC_Vietnam Daily Review_EN_The silence before the storm_TA_DBC_Reach the support level

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 SAB (+0.67 points); LGC (+0.11 points); MSN (+0.1 points); HPG (+0.06 points); KDC (+0.05 points)
• Stocks made the market decline including GAS (-2.17 points); VNM (-1.04 points); PLX (-0.65 points); VHM (-0.6 points); HVN (-0.59 points)
• The matching value of VN-Index today reached VND 2,682.18 billion. Today's trading range is 10.06 points. The market has 90 gainers and 200 losers.
• At the end of today's trading session, VN-Index decreased by 9.46 points, closing at 959.88 points. The HNX-Index also decreased by 0.97 points to 104.35 points.
• Foreign investors today bought a net of VND 203.71 billion on HOSE, focusing on HPG (VND 41.66 billion), VCB (VND 26.34 billion) and PLX (VND 26.05 billion). However, they sold a net of VND 1.04 billion on HNX.

Market outlook
In the morning session, the VN-Index fluctuated and decreased slightly with the selling force focused on blue-chips such as VHM, VNM, GAS, PLX. In the afternoon session, the index's drop in the morning was widen and closed at 959.88 because the selling pressure increased strongly in VNM, GAS, and VHM. Foreign investors were net buyers today. From BSC's point of view, the market continues to be adjusted and this is the 4th consecutive correction session when domestic and regional market sentiment continues to worry about the global economic outlook as Sino-US trade war has yet to show signs of improvement and the US threatens to open up a new trade war with neighboring countries like Mexico. In addition, the signal of global economic recession still sustained when US government bond yields 10 years continued to fall below the bond yields 3 years.

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