20190726_BSC_Vietnam Daily Review_EN_Correction session_TA_PVD_Positive signal

Highlights
• VN-Index slightly decreased in today’s trading session
• Stocks contributed to VN-Index upward momentum including VCB (+0.88 points); BID (+0.61 points); BVH (+0.13 points); HPG (+0.12 points); PLX (+0.03 points)
• Stocks made the market decline including VIC (-1.07 points); SAB (-0.76 points); VNM (-0.30 points); MWG (-0.15 points); BHN (-0.12 points)
• The matching value of VN-Index today reached VND 2,687.8 billion, a decline of 20.7% from yesterday session. Today's trading range is 5.55 points. The market has 121 gainers and 181 losers.
• At the end of today's trading session, VN-Index decreased 1.60 points to close at 993.35 points. At the same time, HNX-Index decreased 0.36 points to 106.4 points.
• Foreign investors today bought a net of VND 67.66 billion on HOSE, focusing on VCB (37.14 billion), VHM (15.56 billion) and VRE (15.21 billion).  In addition, they sold a net of VND 3.76 billion on HNX.


Market outlook 
In the morning, VN-Index struggled and surged to nearly 1,000 points thanks to the impressive breakthrough of banking blue-chips like VCB, BID as well as VHM. However, in the afternoon, the index dropped as the selling force increased on VIC, MSN, and MWG before ending the session below the reference point. The market had a slight correction session following the general trend in the region after a strong gaining session yesterday. The decline in liquidity showed that investors' sentiment was affected by concerns that the FED will follow ECB decision to keep interest rates stable at the meeting end of this month. Vn-Index is likely to move in the price range of 985 - 1,000 points next week.

Coverred warrants: In the trading session on July 26, 2019, the market was negative as the majority of coverred warrants decreased following downward momentum of underlying securities. Trading volume increased slightly. Technical indicators are showing uptrend on most underlying securities. Buying force may return in the coming session


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