20191206_BSC_Vietnam Daily Review_EN_Struggling around the reference level_TA_DRC_Accumulation

Market outlook 
The fluctuation around the reference level is the main movement of VN-Index in the morning and afternoon session. However, the balance of drag of HPG, SAB, CTG, MSN, and NVL helped the index gaining slightly at the end. The shaking session with strong dropping liquidity showed that cash flow was still out of the market. In general, with the net selling of foreign investors, VN-Index is likely to still accumulate in low price channel before recovering in the next sessions.

Future contracts: Future contracts diverged in term of price. VN30F1912 and VN30F2006 decreased, while VN30F2001 and VN30F2003 increased. Investors should prioritize selling with target price around 875 points for short-term contracts.
Covered warrants: In the trading session on December 06, 2019, majority of coverred warrants decreased in contrast with underlying securities. Trading volume increased strongly.

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

Highlights
• VN-Index +0.29 points, closed at 963.56. HNX-Index +0.13 points, closed at 102.50.
• Pulling up the index: HPG (+0.62); SAB (+0.22); CTG (+0.22); MSN (+0.17); NVL (+0.14).
• Pulling the index down: VNM (-0.75); BID (-0.41); HVN (-0.24); VJC (-0.15); TCB (-0.10).
• The matched value of VN-Index reached 2,784 billion dong, -10.6% compared to the previous session.
• The trading band is 4.42 points. The market has 156 gainers, 74 reference codes and 154 losers.
• Foreign net selling value: 38.76 billion dong on HOSE, including VNM (63.74 billion), MSN (29.91 billion) and VHM (18.66 billion). Foreigners were net buyers on the HNX with a value of 3.12 billion dong.