20190918_BSC_Vietnam Daily Review_EN_Correction session_TA_VEA_ Uptrend

Market outlook 
In the morning, due to the adjustment of Petro stocks like GAS and PLX, VN-Index struggled around the reference level. In the afternoon, the drop of the index widened when blue-chips like GAS, VIC, and VCB were under selling pressure. The market has a slight correction following the regional trend. Although still maintaining the level of 995 points, a shaking rhythm appeared whenever the index approached the threshold of 1,000 points, showed that investors were still quite cautious around this area. In general, the interest rate decision of the Fed early tomorrow morning will be the main factor affecting the market and partly supporting investor sentiment.

Future contracts: Future contracts increased following upward movement of VN30. Investors should prioritize selling and buying back with target price around 890 points for medium to long-term contracts.
Covered warrants: In the trading session on September 18, 2019, the market was negative although the majority of underlying securities increased. Trading volume increased. MBB had a positive session, testing price resistance level of 22. The liquidity continued to increase positively above the 20-day average. The technical indicators are also showing the short term bullish signal, and will create an incentive to increase the stock price of this stock in the coming sessions.

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

Highlights
• VN-Index -1.59 points, closed at 995.15. HNX-Index +0.06 points, closed at 102.29.
• Pulling up the index: VNM (+0.63); MSN (+0.49); VPB (+0.37); HPG (+0.25); HVN (+0.21).
• Pulling the index down: GAS (-1.59); VIC (-0.59); VCB (-0.55); PLX (-0.42); FPT (-0.24).
• The matched value of VN-Index reached 3,149.47 billion, + 2.9% compared to the previous session.
• The trading band is 4.46 points. The market saw 149 gainers and 159 losers.
• Foreign net buying value: 52.17 billion on HOSE, including HPG (82.90 billion), VNM (43.17 billion) and BID (37.49 billion). Foreigners were net sellers on the HNX with a value of 3.19 billion.