20191105_BSC_Vietnam Daily Review_EN_A slight gaining session_TA_VCS_Positive Signal

Market outlook 
The third gaining session in a row of VN-Index opened the session with the movement mainly around the reference level when the blue-chips such as VHM, VRE, TCB, GAS, and BVH maintained the uptrend. In the afternoon, the index continued moving sideways when pillar codes struggled and differentiated. In the context that most of the key stock markets in the region had exciting sessions, the market maintained the green color mainly due to positive information from the 35th ASEAN Conference. Accordingly, it is likely that RCEP trade agreement will be signed in 2020 and is expected to bring economic benefits to Vietnam in particular and member countries in general.

Future contracts: Future contracts increased following VN30.  Investors should prioritize selling and buying back with target price around 925 points for short-term contracts.
Covered warrants: In the trading session on November 05, 2019, majority of coverred warrants decreased following underlying securities. Trading volume decreased. TCB increased strongly after a short-term correction, continued extended uptrend that began in August. Liquidity increased strongly, confirming signal for increase according to technical indicators. Upward movement of TCB could create upward momentum on its warrants in the coming sessions.

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

Highlights
• VN-Index +1.91 points, closed at 1,024.34. HNX-Index +0.11 points, closed at 106.71.
• Pulling up the index: VHM (+1.89); GAS (+0.85); VRE (+0.49); TCB (+0.41); BID (+0.35).
• Pulling the index down: VCB (-1.28); VNM (-1.05); VIC (-0.19); NVL (-0.19); MSN (-0.10).
• The matched value of VN-Index reached 3,663 billion dong, -17.5% compared to the previous session.
• The trading band is 4.9 points. The market has 161 gainers, 60 reference codes and 170 losers.
• Foreign investors' net buying value: VND 29.63 billion on the HOSE, including VRE (VND 51.80 billion), VHM (VND 43.78 billion) and TVS (VND 18.83 billion). Foreigners were net sellers on the HNX with a value of 1.66 billion dong.