20200110_BSC_Vietnam Daily Review_EN_Maintaining the gaining momentum_TA_SHB_Double Bottom Pattern

Market outlook 
The regaining 960 points yesterday had a positive impact on market sentiment. In the session of January 10, VN-Index moved positively above the reference level in both morning and afternoon sessions. Blue-chips such as BID, CTG, SAB, VCB and VHM were the main drivers supporting the market. In addition, the net buying of foreign investors even after excluding put-through transactions also contributed to the support of the index. Therefore, with two gaining sessions at the end of the week, VN-Index is regaining the focus zone of 968 points as mentioned in our weekly report.

Future contracts: Future contracts all gained today in accordance with the overall status of the index. Investors should prioritize selling with target price around 865 points for short-term contracts.
Covered warrants: In the trading session on January 10th 2020, most of covered warrants and underlying securities were differentiated by status. Trading volume decreased slightly compared to the previous session.

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

Highlights
• VN-Index +8.39 points, closed at 968.54. HNX-Index +0.97 points, closed at 102.22.
• Pull up the index: BID (+1.98); CTG (+1.24); SAB (+1.24); VHM (+1.15); VCB (+0.86).
• Pulling the index down: PLX (-0.17); MSN (-0.17); ROS (-0.14); PGD (-0.08); BHN (-0.06).
• The matched value of VN-Index reached VND 2,977 billion, + 30.2% compared to the previous session.
• The trading band is 8.54 points. The market has 163 gainers, 50 reference codes and 162 losers.
• Foreign investors' net buying value: 1072.40 billion dong on HOSE, including PGD (1020.80 billion), CTG (55.08 billion) and HPG (21.11 billion). Foreigners were net sellers on the HNX with a value of 6.23 billion dong.