20190926_BSC_Vietnam Daily Review_EN_Conquering 990 points threshold_TA_VND_ Break out session

Market outlook 
In the morning, VN-Index recovered slightly when the buying increased at market-leading bluechips such as VNM, SAB, and Banking with BID, TCB, and CTG. In the afternoon, the index continued confirming the gain when VNM, GAS, and TCB gained impressively. The market had a positive trading session with a slight increase in liquidity following the regional trend thanks to the recently trade agreement between the US and Japan, showing a positive sign of the progress of US-Sino trade negotiations. In addition, investors are also holding positive expectations about the possibility that Vietnam's stock market will be upgraded when FTSE announces the results of the review tomorrow.

Future contracts: Future contracts increased following upward movement of VN30. Investors should prioritize buying with target price around 915 points for long-term contracts.
Covered warrants: In the trading session on September 26, 2019, the majority of coverred warrants increased following upward movement of underlying securities. Trading volume increased. FPT accumulated after peaking at around 58. Liquidity remained low, while the momentum indicator showed that there was not much room left to increase. The correction of the underlying stock may create downward pressure on the price of its coverred warrants.

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

Highlights
• VN-Index +3.45 points, closed at 990.75. HNX-Index +0.96 points, closed at 104.77.
• Pulling up the index: VNM (+1.90); GAS (+0.91); TCB (+0.47); CTG (+0.39); VCB (+0.33).
• Pulling the index down: VHM (-0.78); VIC (-0.68); VRE (-0.50); MSN (-0.17); HVN (-0.14).
• The matched value of VN-Index reached 3,107 billion, + 16.8% compared to the previous session.
• Amplitude is 6.12 points. The market has 155 gainers, 62 reference codes and 146 losers.
• Foreign net selling value: 106.90 billion on HOSE, including VCB (33.42 billion), VHM (22.09 billion) and VRE (14.99 billion). Foreigners were net buyers on the HNX with a value of 0.44 billion.