20191226_BSC_Vietnam Daily Review_EN_A declining session_TA_NVL_ Uptrend

Market outlook 
Just as in the previous day forecast of BSC, VN-Index returned to struggle within the channel of 950-960 points. The index mainly moved in a small range around the reference level in the morning and dropped at the end of the afternoon when the pressure from blue-chips like BID, VCB, GAS, BVH, and HPG increased. The liquidity of the market also dropped to low, reflecting that the sentiment of investors was still mainly outside the market and waiting for the opportunity for 2020. In addition, foreign investors also returned to the net buying status.

Future contracts: VN30F2001 and VN3030F2002 decreased following VN30. Investors should prioritize selling and buying back with target price around 875 points for long-term contracts.
Covered warrants: In the trading session on December 26, 2019, majority of coverred warrants decreased, while underlying securities diverged in term of price. Trading volume increased.

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

Highlights
• VN-Index -2.33 points, closed at 958.59. HNX-Index -0.61 points, closed at 102.32.
• Pulling up the index: VHM (+0.49); MSN (+0.45); VRE (+0.34); SAB (+0.17); NVL (+0.11).
• Pulling the index down: BID (-1.15); VCB (-0.54); GAS (-0.39); ROS (-0.25); BVH (-0.15).
• The matched value of VN-Index reached VND 2,368 billion, -15% compared to the previous session.
• The trading band is 4.68 points. The market saw 139 gainers, 56 reference codes and 189 losers.
• Foreign investors' net buying value: 66.31 billion dong on HOSE, including MSN (43.02 billion), HPG (18.15 billion) and VRE (11.95 billion). Foreigners were net buyers on the HNX with a value of 0.22 billion.