20191010_BSC_Vietnam Daily Review_EN_Last minute decline, Moody's to re-evaluate Vietnam's Ba3 rating_TA_ PVS_ Rebound signal

Market outlook 
Recovering from the slight decrease at the end of the previous session, VN-Index gained positively when the purchasing power concentrated in blue-chips like GAS, VCB, SAB in the morning. Similar to yesterday, the strong differentiation in Banking stocks as well as increasing selling pressure in PLX and HPG pushed the index back below the reference level. The matched liquidity continued to decline slightly. In general, investor sentiment continues to be affected by the unclear signals of US-China negotiations today. In addition, the market is partly influenced by Moody's consideration of adjusting Vietnam's credit rating due to institutional shortcomings, reflected in particular by the postponement of payment of a debt..

Future contracts: All Future contracts dropped following the overall trend of today's session. Investors should prioritize selling and buying back with target price around 860 points for all contracts.
Covered warrants: In the trading session on October 10, 2019, only 3/20 covered warrants gained, while the underlying stock, only VRE closed above the reference price. Trading volume increased.

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

Quick report: Moody's to re-evaluate Vietnam's Ba3 rating

Highlights
• VN-Index -0.45 points, closed at 987.38. HNX-Index +0.53 points, closed at 105.16.
• Pulling up the index: GAS (+0.46); VRE (+0.28); HVN (+0.27); VCB (+0.11); PME (+0.07).
• Pulling the index down: HPG (-0.32); PLX (-0.31); NVL (-0.27); BID (-0.25); CTG (-0.16).
• The matched value of VN-Index reached 2,799 billion, -1.2% compared to the previous session.
• The trading band is 3.96 points. The market has 122 gainers, 77 reference codes and 171 losers.
• Foreign net selling value: 81.30 billion on HOSE, including VIC (77.92 billion), VHC (19.08 billion) and HPG (14.71 billion). Foreigners were net sellers on the HNX with a value of 23.11 billion.