20190715_BSC_Vietnam Daily Review_EN_Continuing to correct_TA_PNJ_Uptrend

Highlights
• VN-Index increased in the morning session, in the afternoon session the declining momentum was widened
• Stocks contributed to VN-Index upward momentum including VCB (+1.45 points); TCB (+0.47 points); MWG (+0.42 points); VRE (+0.24 points); BHN (+0.22 points)
• Stocks made the market decline including VIC (-1.76 points); SAB (-1.30 points); VHM (-1.07 points); MSN (-0.54 points); VNM (-0.41 points)
• The matching value of VN-Index today reached VND 2,676.9 billion, a decline of 9.84% from yesterday session. Today's trading range is 4.73 points. The market has 148 gainers and 148 losers.
• At the end of today's trading session, VN-Index decreased 2.87 points to close at 972.53 points. At the same time, HNX-Index decreased 0.24 points to 105.61 points.
• Foreign investors today sold a net of VND 0.79 billion on HOSE, focusing on MSN (30.51 billion), VNM (23.51 billion) and HPG (21.89 billion).  In addition, they bought a net of VND 3.46 billion on HNX.


Market outlook 
In the morning, the VN-Index decreased slightly due to the selling force focused on bluechips such as VHM, VIC, MSN, HPG, VNM. In the afternoon, some stocks dropping sharply in the morning like VHM, VIC, and MSN showed signs of widening the decline momentum, making the index closing at 972.53 points. The market has a correction session contrary to the general trend in the region. Liquidity fell slightly, indicating that investors were quite cautious as data on the growth rates of the two major economies, China and Singapore, showed signs of decline. Besides, the news of VN30's listing and maturity of the futures contracts on Thursday will affect the volatility of the market in the coming days.


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