20190612_BSC_Vietnam Daily Review_EN_Pressure to take profits_TA_NLG_Accumulation

Highlights
• VN-Index decreased in the morning session. In the afternoon session, the index continue to decrease.
• Stocks contributed to VN-Index upward momentum including MWG (+0.15 points); BVH (+0.11 points); SBT (+0.09 points); HPG (+0.06 points); HVN (+0.04 points).
• Stocks made the market decline including VHM (-1.9 points); GAS (-1.43 points); VIC (-0.99 points); VCB (-0.44 points); BID (-0.41 points).
• The matching value of VN-Index today reached VND 2,275.9 billion. Today's trading range is 6.77 points. The market has 107 gainers and 183 losers.
• At the end of today's trading session, VN-Index decreased 7.9 points to close at 954.17 points. At the same time, HNX-Index decreased 0.4 points to 103.56 points.
• Foreign investors today sold a net of VND 28.15 billion on HOSE, focusing on VHM (VND 37.4 billion), VNM (VND 20.4 billion) and FRT (VND 14.7 billion). In addition, they sold a net of VND 0.97 billion on HNX.

Market outlook
In the morning, the VN-Index decreased with the selling force focused on bluechips such as VHM, GAS, SAB. In the afternoon session, the index continued to decrease and closed at 954.17 points because the selling force continued to increased on VHM, GAS, VIC along with foreign investors net sold on HOSE. In BSC's view, the market has a correction session due to profit-taking pressure and no new signals to support the market. Investors should continue to update the world economic information, especially the draft of the amendment of the securities law will be discussed in tomorrow's session of parliament.

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