20191111_BSC_Vietnam Daily Review_EN_Declining under strong selling pressure_TA_GEG_Accumulation

Market outlook 
In the morning, VN-Index mainly struggled within a small range around the reference level when VHM, TCB, HPG were the motivation to support the index while VIC, MSN, MWG put pressure on the gaining trend. In the afternoon, blue-chips VIC, SAB, GAS expanded the dropping range and dragged the index below 1020 points. Market breadth was on the sellers side with 208 losers. In addition to the shaking caused by the profit-taking pressure of domestic investors, the uncertainty in the process of completing and signing the first phase agreement between China and the US also partly made the market maintain a cautious sentiment.

Future contracts: All future contracts decreased 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 11, 2019, majority of coverred warrants decreased, while underlying securities diverged in term of price. Trading volume increased.

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

Highlights
• VN-Index -5.74 points, closed at 1,026.75. HNX-Index -0.51 points, closed at 106.76.
• Pulling up the index: VHM (+0.19); HPG (+0.08); FPT (+0.08); ROS (+0.07); VNM (+0.04).
• Pulling the index down: VIC (-1.55); SAB (-0.90); GAS (-0.77); MSN (-0.76); CTG (-0.37).
• The matched value of VN-Index reached VND 3,555 billion, +3.5% compared to the previous session.
• The fluctuation band is 8.42 points. The market has 121 gainers, 60 reference codes and 208 losers.
• Foreign investors' net buying value: 9.85 billion dong on HOSE, including VRE (33.87 billion), VHM (30.92 billion) and HPG (26.56 billion). Foreigners were net sellers on the HNX with a value of 3.67 billion dong.