20200205_BSC_Vietnam Daily Review_EN_A struggling session_TA_TAR_Recover from the bottom

Market outlook 
Contrary to the recovery of major stock markets in the world and in Asia, VN-Index struggled and struggled in the morning. In the afternoon, the index dropped to the cumulative price area around 925 points when the pressure of blue-chips like SAB, BID, VCB, CTG, and VJC was too large. The foreign net selling activity together with the decrease of liquidity also partly negatively affected the VN-Index. Market sentiment remains generally cautious.

Future contracts: Except for VN30F2009, all future contracts decreased following VN30. Investors should prioritize selling and buying back with target price around 820 points for long-term contracts.
Covered warrants: In the trading session on February 5, 2019, majority of coverred warrants increased while underlying securities diverged in term of price. Trading volume increased.

Technical analysis: TAR_Recover from the bottom
(Please go to page 2 for buy/sell status of stocks and page 4 for Blue chip stocks information)

Highlights
• VN-Index -3.18 points, closed at 925.91. HNX-Index +0.62 points, closed at 103.19.
• Pulling up the index: VNM (+0.83); VPB (+0.51); VHM (+0.29); PLX (+0.28); HDB (+0.25).
• Pulling the index down: SAB (-1.61); BID (-1.04); VCB (-0.96); CTG (-0.38); VJC (-0.30).
• The matched value of VN-Index reached VND 2,998 billion, -9.7% compared to the previous session.
• The fluctuation band is 14.44 points. The market has 180 gainers, 67 reference codes and 151 losers.
• Foreign net selling value: 173.18 billion dong on HOSE, including DXG (62.12 billion), VNM (39.93 billion) and HPG (33.89 billion). Foreigners were net sellers on the HNX with a value of VND 20.77 billion.