20190916_BSC_Vietnam Daily Review_EN_Struggling around the reference level_TA_ GAS_Rise following oil price

Market outlook 
Inheriting the gain of the previous session, VN-Index could stay in green thanks to the buying power maintained at blue-chips like GAS, VIC, BID in the morning. In the afternoon, the index struggled around the reference level and the gaining trend narrowed when Banking stocks saw strong differentiation. The market had a volatile session as soon as it approached the price range of 990 - 1010 points. In addition to the effective change of the State Bank's operating interest rate, the consequences of the attack on two Saudi oil processing facilities have pushed up oil prices, positively impacting the Oil & Gas industry. In today’s session. However, the slight decrease in liquidity also showed that some investors were still waiting for signals from the Fed meeting on September 17-18.

Future contracts: Except for VN30F1909, future contracts decreased, contrasting with the upward movement of VN30. Investors should prioritize buying with target price around 905 points for short-term contracts.
Covered warrants: In the trading session on September 16, 2019, coverred warrants were diverged in term of price. Majority of underlying securities continued to increase. Trading volume decreased slightly.

Technical analysis: GAS_Rise following oil price
(Please go to page 2 for buy/sell status of stocks and page 4 for Blue chip stocks information)

Highlights
• VN-Index +2.64 points, closed at 989.86. HNX-Index +0.02 points, closed at 102.21.
• Pulling up the index: GAS (+1.39); VNM (+0.73); VHM (+0.49); MSN (+0.45); VIC (+0.40).
• Pulling the index down: VCB (-0.97); HVN (-0.36); BHN (-0.18); CTG (-0.11); BVH (-0.10).
• The matched value of VN-Index reached 2,993.89 billion, -10.2% compared to the previous session.
• The trading band is 5.88 points. The market has 158 gainers and 149 losers.
• Foreign net selling value: 41.17 billion on HOSE, including VNM (36.92 billion), VRE (28.69 billion) and VHM (16.64 billion). Foreigners were net sellers on the HNX with a value of 5.76 billion.