20190702_BSC_Vietnam Daily Review_EN_Correction session_TA_PLX_Uptrend

Highlights
• VN-Index decreased in the morning session. In the afternoon session, the declined momentum was widened
• Stocks contributed to VN-Index upward momentum including PLX (+0.31 points); VRE (+0.24 points); VJC (+0.24 points); GAS (+0.11 points); MWG (+0.10 points).
• Stocks made the market decline including VIC (-1.37 points); VCB (-0.87 points); SAB (-0.51 points); MSN (-0.34 points); HPG (-0.32 points).
• The matching value of VN-Index today reached VND 2,449.1 billion, a decrease of 12.76% from yesterday session. Today's trading range is 6.96 points. The market has 124 gainers and 171 losers.
• At the end of today's trading session, VN-Index decreased 3.63 points to close at 961.98 points. At the same time, HNX-Index decreased 0.63 points to 103.46 points.
• Foreign investors today sold a net of VND 28.80 billion on HOSE, focusing on PDR (95.33 billion), HPG (54.32 billion) và HDB (24.16 billion). In addition, they sold a net of VND 43.50 billion on HNX

Market outlook
In the morning, the VN-Index decreased due to the selling force focused on bluechips such as VIC, VHM, VCB, HPG, MSN. In the afternoon session, the declining momentum widened due to strengthened selling force in VIC, VCB and MSN stocks. In BSC's view, the domestic market had a correction session due to a strong pressure to sell and make short-term profit. Investors in this session were becoming more careful. This led to signal of declining liquidity. Moreover, news of US imposing additional duties on 4 billion USD EU goods were affecting the market negatively.

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