20190628_BSC_Vietnam Daily Review_EN_Recovery signal_TA_HDG_Breakout

Highlights
• VN-Index decreased in the morning session. In the afternoon session, he index increased.
• Stocks contributed to VN-Index upward momentum including VHM (+1.81 points); VCB (+1.10 points); HPG (+0.80 points); VIC (+0.79 points); VJC (+0.57 points)
• Stocks made the market decline including CTG (-1.19 points); PLX (-0.79 points); BID (-0.29 points); GAS (-0.28 points); VNM (-0.05 points)
• The matching value of VN-Index today reached VND 2,702.9 billion, an increase of 2.7% compared from last session. Today's trading range is 10.82 points. The market has 185 gainers and 111 losers.
• At the end of today's trading session, VN-Index increased 6.83 points to close at 949.94 points. At the same time, HNX-Index increased 0.55 points to 103.51 points.
• Foreign investors today bought a net of VND 175.07 billion on HOSE, focusing on VJC (64.78 billion), VHM (50.34 billion) and GAS (19.33 billion). In addition, they bought a net of VND 2.78 billion on HNX.

Market outlook
In the morning, the VN-Index increased before decreased in the last minute of the morning session with the buying force focused on banking bluechips such as VCB, TCB, BID and other stocks such as VIC and VNM. In the afternoon session, VN-Index surprisingly rose because of the buying force increased in VCB, VHM, along with VIC. Foreign investors net buying on HOSE. In BSC's view, the domestic markets had a positive rebound session after yesterday correction session in contrast with the region stock markets. Liquidity has improved as buying force was focused on bluechips together with excitement from the first trading session of Covered warrant on HOSE.

Technical analysis
HDG_Breakout