20190930_BSC_Vietnam Daily Review_EN_Last minute fluctuations_TA_LDG_Positive

Market outlook 
Facing positive information on GDP growth in the third quarter of over 7%, in the morning, VN-Index broke impressively and conquered the psychological threshold of 1,000 points thanks to the consensus from key blue-chips such as VIC and GAS. , VHM, NVL, CTG. In the afternoon, the index shook slightly and officially dropped to below reference level when Banking stocks saw differentiation with VCB, BID, VPB under strong selling pressure. The market was rather volatile in the last minutes with liquidity maintained at a positive level. It can be seen that the 1,000 point mark will still be a strong resistance level for VN-Index in the near future. Investors can watch corrections in the price range from 990 to 1,000 points to open positions at stocks with positive Q3 business results.

Future contracts: Future contracts diverged in term of price. VN30F1910 and VN30F2003 decreased, while VN30F1911 and VN30F1912 increased. Investors should prioritize selling and buying back with target price around 900 points for long-term contracts and with target price around 910 points for short-term contracts.
Covered warrants: In the trading session on September 30, 2019, majority of coverred warrants decreased following downward movement of underlying securities. Trading volume decreased. REE declined after failing to surpass resistance at 40. Liquidity remained positive, while the momentum indicator shown bearish signal in the short term, creating downward pressure on its warrant in the coming sessions.

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

Highlights
• VN-Index -1.28 points, closing at 996.56. HNX-Index +0.28 points, closing at 105.05.
• Pulling up the index: GAS (+0.74); HVN (+0.34); BVH (+0.32); HDB (+0.32); NVL (+0.22).
• Pulling the index down: VCB (-0.87); BID (-0.84); SAB (-0.54); MSN (-0.31); MWG (-0.24).
• The matched value of VN-Index reached VND 3,335 billion, -2.7% compared to the previous session.
• The trading band is 7.66 points. The market saw 146 gainers, 58 reference codes and 164 losers.
• Foreign net-sold value: 75.89 billion on HOSE, including VRE (34.88 billion), MSN (23.13 billion) and VHM (22.59 billion). Foreigners were net buyers on the HNX with a value of 0.07 billion.