20190704_BSC_Vietnam Daily Review_EN_Market prosperity_TA_VHM_Strong uptrend

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 VCB (+3.28 points); VHM (+3.04 points); VIC (+1.08 points); BID (+0.71 points); TCB (+0.63 points).
• Stocks made the market decline including FRT (-0.03 points); CII (-0.02 points); SCS (-0.02 points); DTL (-0.02 points); CTF (-0.01 points).
• The matching value of VN-Index today reached VND 3,020.2 billion, an increase of 18.73% from yesterday session. Today's trading range is 11.39 points. The market has 192 gainers and 111 losers.
• At the end of today's trading session, VN-Index increased 12.65 points to close at 973.04 points. At the same time, HNX-Index increased 0.66 points to 104.34 points.
• Foreign investors today bought a net of VND 117 billion on HOSE, focusing on PLX (67.83 billion), PDR (47.08 billion) và VCB (35.31 billion). In addition, they bought a net of VND 12.37 billion on HNX

Market outlook
In the morning, the VN-Index increased due to the buying force focused on banking bluechips such as VCB, BID, CTG as well as stocks such as VIC, VHM. In the afternoon session, the gaining momentum was widened due to strengthening key stocks of the market such as VHM and VCB. In BSC's view, the domestic market had rebounded strongly with highly improved liquidity. Investors were remaining positive thanks to recent economic data further supporting Fed’s decision to cut interest rate in the upcoming meeting in July and expectations that US – China negotiations would start soon. VN-Index is showing signs of increasing strongly and will test the threshold of 980 points in the next sessions.

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