20191107_BSC_Vietnam Daily Review_EN_Ending the series of consecutive gains_TA_DGC_Rebound

Market outlook 
The morning session of the VN-Index recorded fluctuations around the reference level when VHM, BID, and VCB were pillars to support and VIC, VNM, and NVL caused strong selling pressure. In the afternoon, the market trading was more positive but still had to fall back to the reference level when VIC, VNM, and BVH corrected. The index recorded a correction after four consecutive gaining sessions. In addition to the profit-taking pressure when the VN-Index continues challenging higher resistances, the negative signal about the deadline for signing the US-China agreement may be delayed to December also affected investor psychology.

Future contracts: Future contracts increased following VN30. Investors should prioritize selling and buying back with target price around 925 points for long-term contracts.

Covered warrants: In the trading session on November 07, 2019, coverred warrants diverged in term of price, while majority of underlying securities increased. Trading volume increased slightly. HPG increased positively in today’s session, though still in range of accumulation around 21.5-23.5. Liquidity increased strongly, confirming signal for increase according to momentum indicators. If liquidity continue to increase positively, upward movement of HPG could create upward momentum on its warrants in the coming sessions.

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

Highlights
• VN-Index -0.88 points, closed at 1,024.03. HNX-Index +0.13 points, closed at 106.88.
• Pulling up the index: BID (+0.96); HPG (+0.58); EIB (+0.38); VCB (+0.33); MSN (+0.17).
• Pulling the index down: VIC (-1.06); VNM (-0.51); BVH (-0.20); NVL (-0.16); VOB (-0.10).
• The matched value of VN-Index reached 3,399 billion VND, -8.7% compared to the previous session.
• The trading band is 5.84 points. The market has 141 gainers, 74 reference codes and 177 losers.
• Foreign investors' net buying value: 133.47 billion dong on HOSE, including VRE (63.32 billion), VHM (62.53 billion) and HPG (46.03 billion). Foreigners were net sellers on the HNX with a value of 14.17 billion dong.