20200113_BSC_Vietnam Daily Review_EN_Under the resistance level of 970 points_TA_VHM_ Uptrend

Market outlook 
After two strong gaining sessions at the end of last week, VN-Index appeared to have an correction today. With the width inclined to the selling side with 205 losers, the index was under pressure mainly from Banking stocks with BID, CTG, VPB, TCB, and VCB. The low liquidity today partly shows that the cash flow still stands outside and may maintain the current status until after the holidays. In the context that this is also the week of futures maturity, BSC thinks that the market will continue to have unpredictable fluctuations below the resistance of 970 points.

Future contracts: Except for VN30F2003, all future contracts increased, in contrast with 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 Jannuary 13, 2019, majority of coverred warrants decreased following underlying securities. Trading volume decreased.

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

Highlights
• VN-Index -2.70 points, closed at 965.84. HNX-Index +0.09 points, closed at 102.30.
• Pulling up the index: VHM (+1.77); MSN (+0.17); VCF (+0.10); VIC (+0.10); SCS (+0.08).
• Pulling the index down: BID (-1.38); VNM (-0.75); CTG (-0.37); GAS (-0.33); VPB (-0.31).
• The matched value of VN-Index reached VND 1,907 billion, -36% compared to the previous session.
• The trading band is 3.84 points. The market has 123 gainers, 57 reference codes and 205 losers.
• Foreign investors' net buying value: VND 70.83 billion on HOSE, including HPG (23.62 billion), VHM (15.73 billion) and MSN (11.49 billion). Foreigners were net sellers on the HNX with a value of 3.12 billion dong.