20191029_BSC_Vietnam Daily Review_EN_Continued to decline_TA_PLX_Rebound signal

Market outlook 
VN-Index continued to record fluctuations in today's trading session. In detail, at the end of the morning session, thanks to positive gain of blue-chips including VHM, SAB, CTG, the index moved above reference level. In the afternoon, before the adjustment of banking stocks such as VCB, VPB, MBB, TCB, TPB, the market dropped to 995.87 points. The VN-Index continued to correct when approaching the important resistance of 1,000 points. BSC believes that investors should observe more foreign macro factors that may influence in the next sessions such as the October meeting of FED and the decision on interest rates and subsequent developments of Brexit.

Future contracts: Future contracts diverged in term of price. VN30F1911 and VN30F2003 decreased while VN30F1912 and VN30F2006 increased. In term of trading volume, all future contracts decreased. Investors should prioritize selling and buying back with target price around 915 points for medium-term contracts.
Covered warrants: In the trading session on October 29, 2019, coverred warrants and underlying securities diverged in term of price. Trading volume decreased slightly. VHM increased strongly today after a period of downward correction to support of 86. Liquidity increased strongly, confirming signal for short-term uptrend according to momentum indicators. Upward movement of VHM could create upward momentum on its warrants in the coming sessions.

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

Highlights
• VN-Index -0.61 points, closed at 995.87. HNX-Index -0.36 points, closed at 104.68.
• Pulling up the index: VHM (+1.61); SAB (+0.47); VNM (+0.15); REE (+0.13); PLX (+0.11).
• Pulling the index down: VCB (-1.08); GAS (-0.39); VJC (-0.23); MSN (-0.17); POW (-0.14).
• The matched value of VN-Index reached 2,980 billion, +6.7% compared to the previous session.
• The trading band is 4.01 points. The market saw 128 gainers, 66 reference codes and 196 losers.
• Foreign net selling value: 79.68 billion on HOSE, including VHM (29.08 billion), ROS (26.08 billion) and MSN (22.43 billion). Foreigners were net sellers on the HNX with a value of 2.33 billion.