20191016_BSC_Vietnam Daily Review_EN_Rebound session_TA_PNJ_ Uptrend

Market outlook 
Inheriting from positive movements of the US stock market last night, VN-Index witnessed a recovery momentum when buying pressure increased at VNM, VCB, SAB. In the afternoon, the index still stayed in green although the pressure from VIC and VHM was not small. Liquidity remained at an average level. In general, the third quarter business results are the main factors that make up the strong differentiation in the market when the Banking, Retail, Rubber sector, etc. recorded positive results. In addition, it is likely that the market will fluctuate tomorrow when the VN30F1910 futures contract expires.

Future contracts: Most future contracts decreased, in contrast with VN30. VN30F1910 will expire tomorrow, and may have strong impact on underlying index’s movement. Investors should prioritize selling and buying back with target price around 910 points for long-term contracts.
Covered warrants: In the trading session on October 16, 2019, majority of coverred warrants decreased following underlying securities. Trading volume decreased slightly. VNM increased strongly, testing the level of 130, after accumulating in price range of 126-129. Liquidity increased positively in recent sessions and technical indicators showed short-term bullish signals. Upward momentum of VJC could create incentive to increase for its warrant in the coming sessions.

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

Highlights
• VN-Index +1.41 points, closed at 994.46. HNX-Index -0.08 points, closed at 105.93.
• Pulling up the index: VNM (+1.09); VCB (+0.99); POW (+0.25); CTG (+0.22); TCB (+0.21).
• Pulling the index down: VIC (-0.39); BID (-0.25); PLX (-0.17); SAB (-0.15); MSN (-0.14).
• The matched value of VN-Index reached 2,859 billion, +6.4% compared to the previous session.
• Amplitude is 3.99 points. The market has 134 gainers, 72 reference codes and 172 losers.
• Foreign net selling value: 70.97 billion on HOSE, including VIC (81.62 billion), VHM (26.65 billion) and POW (18.69 billion). Foreigners were net sellers on the HNX with a value of 0.92 billion.