20191204_BSC_Vietnam Daily Review_EN_Rebound session_TA_VRE_Short-term accumulation

Market outlook 
Despite dropping at the beginning, VN-Index spent the rest of the session on the reference level. With the gaining momentum expanded gradually over time, the index closed at 965 points. Today's support mainly came from Banking industry with VCB, CTG, TCB, BID. Contrary to other stock markets in the region, the market had a strong recovery session, showing that the less positive information about the US-China trade agreement seems to have little effect on the psychology of Vietnamese investors in this period. However, the downside still came from the strong net selling of foreign investors, focusing on MSN after the information about the deal between Masan and Vingroup.

Future contracts: All future contracts increased following VN30. Investors should prioritize selling with target price around 880 points for long-term contracts.
Covered warrants: In the trading session on December 04, 2019, majority of coverred warrants increased following  underlying securities. Trading volume decreased.

Technical analysis: VRE_ Short-term accumulation
(Please go to page 2 for buy/sell status of stocks and page 4 for Blue chip stocks information)

Highlights
• VN-Index +12.47 points, closed at 965.90. HNX-Index +1.40 points, closed at 102.47.
• Pulling up the index: VCB (+2.98); VNM (+1.23); GAS (+1.18); CTG (+0.95); TCB (+0.94).
• Pulling the index down: MSN (-0.56); ANV (-0.05); ROS (-0.05); GTN (-0.04); EIB (-0.03).
• The matched value of VN-Index reached 3,345 billion dong, -9.5% compared to the previous session.
• The trading band is 15.77 points. The market saw 209 gainers, 64 references and 112 losers.
• Foreign net selling value: VND 202.11 billion on HOSE, including MSN (VND 244.83 billion), VHM (VND 25.65 billion) and VNM (VND 21.19 billion). Foreigners were net buyers on the HNX with a value of 1.03 billion dong.