20190920_BSC_Vietnam Daily Review_EN_ETF portfolio restructuring session_TA_ VIC_Downward correction

Market outlook 
In the morning, VN-Index struggled around the reference level when the selling pressure increased on VIC, VHM and BID, GAS, and VNM. In the afternoon, although being corrected from VIC, BID, and VNM, the index still maintained an important level of 990 points. The market has a declining trading session contrary to the general trend in the region. The volatility of VN-Index today mainly came from the portfolio restructuring activities of ETF funds. In addition, the shaking of the market partly reflects the uncertainty of the new round of trade negotiations between China and the US.

Future contracts: Future contracts mostly dropped following the general trend of today session, especially VN30F1910 increased slightly. Investors should prioritize selling and buying back with the target price around 905 points for short-term contracts.
Covered warrants: In the trading session on September 20, 2019, the covered warrants were diverged and both increased and decreased according to the underlying stock. The liquidity of CREE1901 is tending to increase, indicating the possibility of maintaining a positive state in the short term. Besides, technical indicators also supported REE's gaining trend; it is likely that covered warrants of this stock will continue to be active in the coming sessions.

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

Highlights
• VN-Index -6.74 points, closed at 990.36. HNX-Index +0.10 points, closed at 104.14.
• Pulling up the index: SAB (+0.36); TCB (+0.21); MWG (+0.17); LGC (+0.16); REE (+0.15).
• Pulling the index down: VIC (-2.06); BID (-0.79); VNM (-0.77); VHM (-0.70); GAS (-0.56).
• The matched value of VN-Index reached 4,525.01 billion, + 60.6% compared to the previous session.
• The fluctuation band is 8.2 points. The market saw 139 gainers and 171 losers.
• Foreign net selling value: 366.66 billion on HOSE, including VIC (173.93 billion), NT2 (104.75 billion) and BVH (98.27 billion). Foreigners were net sellers on the HNX with a value of 6.32 billion.