20190624_BSC_Vietnam Daily Review_EN_Liquidity declined_TA_VJC_Short-term accumulation

Highlights
• VN-Index increased in the morning session. In the afternoon session, the gaining momentum was narrowed.
• Stocks contributed to VN-Index upward momentum including VCB (+2.22 points); VIC (+1.89 points); VHM (+1.0 points); SAB (+0.58 points); NVL (+0.25 points).
• Stocks made the market decline including VNM (-1.25 points); GAS (-0.57 points); POW (-0.39 points); HPG (-0.22 points); PLX (-0.19 points).
• The matching value of VN-Index today reached VND 2,542.9 billion. Today's trading range is 7.31 points. The market has 115 gainers and 166 losers.
• At the end of today's trading session, VN-Index increased 3.65 points to close at 962.85 points. However, HNX-Index decreased 0.07 points to 104.78 points.
• Foreign investors today sold a net of VND 92.95 billion on HOSE, focusing on SBT (VND 111.12 billion), VNM (VND 23.8 billion) and VHM (VND 23.5 billion). In addition, they bought a net of VND 1.4 billion on HNX.

Market outlook
In the morning, the VN-Index increased with the buying force focused on banking bluechips such as VIC, VHM, MSN and banking stocks such as VCB, BID, TCB. In the afternoon session, the gaining momentum was narrowed and closed at 962.85 points because the selling force continued to increased in GAS, VNM, POW. Foreign investors net selling on HOSE. In BSC's view, the domestic markets continue to have the recovery session but the liquidity is low, showing that investors continue to wait for new developments in the US-China trade war, G20 summit as well as US-Iran conflict.

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