20190613_BSC_Vietnam Daily Review_EN_Maintaining profit-taking pressure_TA_VHM_Rebound position

Highlights
• VN-Index decreased slightly in the morning session. The decrease in the morning was narrowed in the afternoon session.
• Stocks contributed to VN-Index upward momentum including VCB (+0.33 points); PGD (+0.06 points); TPB (+0.05 points); VCI (+0.03 points); SJS (+0.03 points)
• Stocks made the market decline including VNM (-1.04 points); HVN (-0.52 points); VIC (-0.49 points); VJC (-0.30 points); NVL (-0.25 points)
• The matching value of VN-Index today reached VND 2,233.3 billion. Today's trading range is 5.77 points. The market has 113 gainers and 163 losers.
• At the end of today's trading session, VN-Index decreased by 4.09 points, closing at 950.08 points. The HNX-Index also increased by 0.06 points to 103.5 points.
• Foreign investors today sold a net of VND 79.04 billion on HOSE, focusing on VHM (VND 93.46 billion), VNM (VND 28.43 billion) and HPG (VND 24.16 billion). However, they bought a net of VND 6.66 billion on HNX.

Market outlook
In the morning session, the VN-Index increased slightly with the selling force focusing on blue-chips such as VHM, GAS, VIC, VNM, and VJC. In the afternoon session, the drop in the morning was narrowed and closed at 950.08 due to the recovery of ROS, VHM and GAS to the reference level and TPB gained positively at the end of the session. Foreign investors were net sellers today. From BSC's point of view, the market had the 3rd correction session in a row with low liquidity. Domestic and regional markets were under profit-taking pressure and waited for new supportive information, especially investors' expectation that FED will announce the possibility of lowering interest rates after the 18-19 meeting in the following week.

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