20190619_BSC_Vietnam Daily Review_EN_Recovery signal_TA_CMG_Short-term accumulation

Highlights
• VN-Index increased in the morning session. In the afternoon session, the gaining momentum was widened.
• Stocks contributed to VN-Index upward momentum including VIC (+1.89 points); GAS (+1.26 points); HPG (+0.51 points); SAB (+0.48 points); VRE (+0.35 points).
• Stocks made the market decline including VCB (-0.55 points); BHN (-0.33 points); TCB (-0.21 points); BVH (-0.15 points); POW (-0.11 points).
• The matching value of VN-Index today reached VND 2,302.5 billion. Today's trading range is 3.21 points. The market has 169 gainers and 116 losers.
• At the end of today's trading session, VN-Index increased 5.68 points to close at 949.69 points. However, HNX-Index increased 0.02 points to 103.77 points.
• Foreign investors today bought a net of VND 32.26 billion on HOSE, focusing on HPG (VND 30.53 billion), VIC (VND 9.89 billion) and SSI (VND 7.99 billion). In addition, they sold a net of VND 2.09 billion on HNX.

Market outlook
In the morning, the VN-Index increased with the buying force focused on bluechips such as VIC, GAS, HPG. In the afternoon session, the gaining momentum was widened and closed at 949.69 points because the buying force continued to increased in stocks above. Foreign investors continued net buying on HOSE while low liquidity. In BSC's view, the domestic market is in the same direction as the strong recovery of the regional market, showing strong expectations of investors about FED's interest rate lowering and the possibility of tension in China-US trade war may be cooled down during the G20 conference. Investors should pay attention to market volatility in tomorrow's maturity contract.

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