20190912_BSC_Vietnam Daily Review_EN_Rebound with the world_TA_ REE_Potential Breakout

Market outlook 
Opening the morning session, VN-Index quickly regained the green when the demand increased strongly at blue-chips such as VCB, GAS, VJC, and VIC. In the afternoon, the index maintained the gaining momentum and successfully conquered the threshold of 975 points. The market had a positive trading session synchronized with the main indices in the region. Liquidity improved, showing that investor sentiment was somewhat relieved when the US-China trade war showed signs of cooling off. Specifically, the United States responded to China's concessions on trade by delaying the imposition of additional tariffs to October 15 instead of October 1.

Future contracts: Future contracts increased following upward movement of VN30. Investors should prioritize selling and buying back with target price around 880 points for short-term contracts.
Covered warrants: In the trading session on September 12, 2019, the market was positive as the majority of coverred warrants increased following upward movement of underlying securities. Trading volume increased strongly. FPT increased positively after accumulating at the price range of 20-22 for nearly half a month. Liquidity increased strongly to nearly double the 20-day average. Technical indicators also showed short term bullish signal, creating momentum for its coverred warrant to increase in the coming sessions.

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

Highlights
• VN-Index +6.76 points, closing at 976.07. HNX-Index +0.94 points, closing at 101.11.
• Pulling up the index: VCB (+1.44); VHM (+0.59); HVN (+0.58); VJC (+0.53); FPT (+0.49).
• Pulling the index down: MSN (-0.40); SAB (-0.25); TCH (-0.09); ROS (-0.09); LGC (-0.08).
• The matched value of VN-Index reached 2,779.27 billion, +33.4% compared to the previous session.
• The trading band is 3.76 points. The market has 200 gainers and 106 losers.
• Foreign net-selling value: 52.09 billion on HOSE, including VNM (42.71 billion), VCB (14.88 billion) and MSN (14.84 billion). Foreigners were net sellers on the HNX with a value of 3.14 billion.