20190823_BSC_Vietnam Daily Review_EN_In the red_TA_ STB_ Positive signal

Market outlook 
In the morning session, selling pressure increased at blue-chips, such as VCB, VIC, VHM, pulled the index down below the reference level. In the afternoon, some stocks dropped sharply in the morning, expanding the drop and pushing the index to 992.45 points. Ending the chain of consecutive increases, the market had a strong correction against the regional trend when meeting the psychological resistance of 1000 points. Facing this trend, investors may consider selling profit part of the portfolio while tracking the results of the G7 summit this weekend.

Future contracts: Future contracts were diverged in term of price. VN30F1909 and VN30F2020 increased, while VN30F1910 and VN30F1912 decreased. Investors should prioritize selling and buying back at target price around 880 points for short-term contracts.
Covered warrants: In the trading session on August 23, 2019, coverred warrants and their underlying securities were diverged in term of price. Trading volume increased. MWG is accumulating in price range around 115-120, after peaking at 122. Liquidity has not showed a clear trend yet. However, technical indicators signal downward correction in the short term, and creating downward pressure on its coverred warrants in the coming sessions.

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

Highlights
• VN-Index -4.81 points, closed 992.45. HNX-Index -0.25 points, closed 103.25.
• Pulling up the index: VJC (+0.29); HPG (+0.29); FPT (+0.28); STB (+0.22); ROS (+0.11).
• Pulling down index: VIC (-1.08); VHM (-0.88); VCB (-0.87); VNM (-0.51); VRE (-0.47).
• The matching value of VN-Index reached VND 2,746.1 billion, -4.2% compared to the previous session.
• The trading range is 7.38 points. The market has 139 gainers and 173 losers.
• Net selling value of foreign investors: 219.93 billion on HOSE, including VJC (76.43 billion), VRE (45.86 billion) and VNM (38.98 billion). Foreign investors were net sellers on HNX with the value of 8.73 billion.