20191231_BSC_Vietnam Daily Review_EN_Decline at year end session_TA_VPB_ Recovery

Market outlook 
Under the pressure of dropping from the beginning of the morning, VN-Index expanded the dropping trend over time. Blue-chips such as GAS, VCB, VHM, SAB, and VRE pulled the index below the reference level. The market breadth was on the selling side with 199 losers. However, the index still kept the price level of 960 points, showing that this is a strong support in short and medium term. The liquidity dropped to a low level and the net selling from foreigners also showed that investors still kept waiting for next year.

Future contracts: All future contracts decreased following VN30. Investors should prioritize buying with target price around 885 points for short-term contracts.
Covered warrants: In the trading session on December 31, 2019, majority of coverred warrants decreased following underlying securities. Trading volume decreased.

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

Highlights
• VN-Index -4.04 points, closed at 960.99. HNX-Index +0.35 points, closed at 102.51.
• Pulling up the index: NVL (+0.29); VJC (+0.28); HDB (+0.19); VPB (+0.14); TCB (+0.10).
• Pulling the index down: GAS (-1.48); VCB (-0.86); VHM (-0.67); SAB (-0.37); VRE (-0.33).
• The matched value of VN-Index reached VND 2,202 billion, -9% compared to the previous session.
• The trading band is 7.49 points. The market has 137 gainers, 55 reference codes and 199 losers.
• Foreign investors' net selling value: 135.56 billion dong on HOSE, including ROS (51.31 billion), VIC (38.72 billion) and HDB (22.09 billion). Foreigners were net sellers on the HNX with a value of 4.37 billion dong.