20191120_BSC_Vietnam Daily Review_EN_Move back to 1,000 points_TA_SJS_ Uptrend

Market outlook 
VN-Index spent most of the trading time in the red despite a slight increase in the first minutes of the session. Corrections of a series of blue-chips such as GAS, VIC, SAB, VHM, and VCB contributed to push the index to nearly 1,000 points. The market dropped sharply with a slight increase in liquidity and foreign investors were net sellers on all three floors. Foreign macro factors also did not support much for the index when the US-China situation did not have a new breakthrough and the impeachment investigation of Mr. Trump had an unfavorable factor. In that context, BSC believes that the market will continue moving within a narrow range around the psychological level of 1,000 points.

Future contracts: All Future contracts dropped following the overall trend of today's session. Investors should prioritize selling with target price around 930 points for long-term contracts.

Covered warrants: In the trading session on November 20, 2019, most of the covered warrants and underlying stocks decreased. Trading volume did not change much from the previous session. VJC rebounded after accumulating short term for more than a week. Liquidity increased in agreement with the positive status of stocks. The gain of VJC may impact on the trading volume of its covered warrants in the coming sessions.

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

Highlights
• VN-Index -7.79 points, closed 1,000.56. HNX-Index -0.58 points, closed at 104.91.
• Pulling up the index: VJC (+0.14); PHR (+0.08); ROS (+0.07); FLC (+0.07); TCH (+0.06).
• Pulling the index down: VCB (-1.62); GAS (-1.38); VIC (-1.07); SAB (-0.87); TCB (-0.35).
• The matched value of VN-Index reached VND 3,509 billion, +9.65% compared to the previous session.
• The trading band is 8.65 points. The market saw 129 gainers, 70 reference codes and 189 losers.
• Foreign net selling value: 12.77 billion dong on HOSE, including VIC (40.72 billion), HPG (35.71 billion) and VHM (19.49 billion). Foreigners were net sellers on the HNX with a value of 3.72 billion dong.