20190820_BSC_Vietnam Daily Review_EN_Gaining momentum continued_TA_ DIG_ Breakout

Market outlook 
VN-Index gained further from the beginning of the morning as the buying force focused on blue-chips like VHM, GAS, and SAB. In the afternoon, the index maintained and expanded the gain in a narrow range thanks to impressive breakthrough of VHM. Foreign investors turned to be net sellers on all three exchanges today. The market has positive movements in the face of the volatility of the region. The liquidity has improved although it is still low, showing that investors' psychology is not too pessimistic but still need more support information. If maintaining the uptrend in the next sessions, VN-Index will move to retest the resistance level of 985 points before determining a clear trend.

Future contracts: Future contracts’ movement diverged from VN30’. Except for VN30F1912, other contracts decreased. Investors should prioritize selling and buying back at target price around 875 points for short-term contracts, and should prioritize buying with target price around 885 points for medium-term contracts.
Covered warrants: In the trading session on August 20, 2019, coverred warrants were diverged in term of price. Majority of underlying securities increased. Trading volume decreased slightly. HPG accumulated after failing to surpass the resistance at 24. The technical indicators also showed signal for downward correction in the short term, creating downward pressure on its coverred warrants in the coming sessions.

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

Highlights
• VN-Index +3.64 points, closing 984.67. HNX-Index +0.39 points, closing 102.98.
• Pull up the index: VHM (+2.54); GAS (+0.68); FPT (+0.32); MWG (+0.27); NVL (+0.25).
• Pulling down index: VIC (-0.88); MSN (-0.30); VNM (-0.25); BVH (-0.14); HPG (-0.12).
• The matching value of VN-Index reached 2,791.88 billion, +14.4% compared to the previous session.
• The trading range is 3.6 points. The market has 161 gainers and 149 losers.
• Net-selling value of foreign investors: VND 73.63 billion on HOSE, including VJC (VND 97.2 billion), HPG (VND 41.33 billion) and VCB (16.65 billion). Foreign investors were net sellers on HNX with the value of VND 14.00 billion.