20200120_BSC_Vietnam Daily Review_EN_Correction session_TA_REE_ Uptrend

Market outlook 
After gaining positively in the previous week, VN-Index returned to the state of struggling today. The index's gaining momentum was supported by blue-chips such as VPB, HPG, MWG, SAB, and VNM. Meanwhile, VCB, VRE, and MSN were the main stocks which caused downward pressure. Despite a slight decrease in the score, the market still maintained the average liquidity and foreign investors continued to be net buyers. Thus, with the long holiday is approaching, the motivation for an increase of the index is unclear. In BSC's view, pulling movements will continue in the coming sessions.

Future contracts: All future contracts increased following VN30. Investors should prioritize selling and buying back with target price around 880 points for long-term contracts.
Covered warrants: In the trading session on Jannuary 20, 2019, majority of coverred warrants decreased, while underlying securities diverged in term of price. Trading volume increased.

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

Highlights
• VN-Index -0.33 points, closed at 978.63. HNX-Index +0.75 points, closed 104.64.
• Pulling up the index: VPB (+0.44); HPG (+0.41); MWG (+0.34); SAB (+0.28); VNM (+0.20).
• Pulling the index down: VCB (-0.54); VRE (-0.39); MSN (-0.23); BID (-0.23); VJC (-0.18).
• The matched value of VN-Index reached VND 2,124 billion, -8.4% compared to the previous session.
• The trading band is 3.92 points. The market has 143 gainers, 72 reference codes and 163 losers.
• Foreign investors' net buying value: VND 527.70 billion on HOSE, including MWG (558.34 billion), VCB (16.61 billion) and VHM (9.61 billion). Foreigners were net buyers on the HNX with a value of 0.14 billion dong.