20190925_BSC_Vietnam Daily Review_EN_The market declined_TA_ PPC_ Uptrend

Market outlook 
As mentioned in the previous report, a shaking rhythm appeared at the beginning of the morning when blue-chips GAS, VCB and VIC corrected sharply. In the afternoon, the index widened the decline momentum but rebounded at the end with the pull of MWG, BID, and FPT. The market had a gloomy session with low liquidity maintained at average level. Influenced by political instability in the US when President Trump is in danger of being impeached and his offensive speech before the trade meeting next month, VN-Index is likely to continue to correct in the next sessions. Investors should still be cautious when trading in the price range of 980 - 1,000 points of the index.

Future contracts: Future contracts diverged in term of price. VN30F1910 and VN30F1911 increased, while VN30F1912 and VN30F2003 decreased. Investors should prioritize buying with target price around 915 points for long-term contracts.
Covered warrants: In the trading session on September 25, 2019, coverred warrants and underlying securities were diverged in term of price. Trading volume decreased. MSN was in short-term correction after failing to surpass the level of 80. The liquidity remained low, while the momentum indicators showed a medium-term bullish signal, supporting its warrant in the coming sessions.

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

Highlights
• VN-Index -0.83 points, closed at 987.30. HNX-Index -0.20 points, closed at 103.81.
• Pulling up the index: MWG (+0.47); BID (+0.46); FPT (+0.25); NVL (+0.14); REE (+0.13).
• Pulling the index down: GAS (-0.61); VIC (-0.39); VNM (-0.25); VJC (-0.24); PLX (-0.24).
• The matched value of VN-Index reached 2,660 billion, -0.5% compared to the previous session.
• Amplitude is 6.12 points. The market saw 142 gainers, 81 reference codes and 142 losers.
• Foreign net selling value: 73.35 billion on HOSE, including HPG (31.89 billion), VRE (21.24 billion) and BID (13.45 billion). Foreigners were net sellers on the HNX with a value of 2.61 billion.