20200207_BSC_Vietnam Daily Review_EN_Maintaining the gaining momentum_TA_STB_Breakout

Market outlook 
Not as positive as yesterday, in the morning, VN-Index struggled when the differentiation happened on many sectors. SAB, VNM, VJC were the driving forces for the market's gain while BID, VIC, and CTG delayed the index. There was no unexpected movement in the afternoon session. However, VNM, SAB, VRE, HVN, and VJC helped VN-Index stay in green. Market breadth was fairly balanced with 185 gainers and 161 losers. Liquidity remained at a moderate level while foreign investors remained net selling pressure.

Future contracts: All future contracts decreased in contrast with VN30. Investors should prioritize selling and buying back with target price around 840 points for long-term contracts.
Covered warrants: In the trading session on February 7, 2019, majority of coverred warrants increased, while underlying securities diverged in term of price. Trading volume decreased strongly.

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

Highlights
• VN-Index +2.21 points, closed at 940.75. HNX-Index -0.92 points, closed at 104.92.
• Pulling up the index: VNM (+1.40); SAB (+0.96); VRE (+0.72); HVN (+0.70); VCB (+0.65).
• Pulling the index down: BID (-1.71); CTG (-0.89); HPG (-0.66); MBB (-0.26); TCB (-0.20).
• The matching value of VN-Index reached VND 3,120 billion, -17% compared to the previous session.
• The trading band is 7.54 points. The market has 185 gainers, 58 reference codes and 161 losers.
• Foreign net selling value: 126.66 billion dong on HOSE, including VIC (60.16 billion), POW (41.04 billion) and BID (30.62 billion). Foreigners were net sellers on the HNX with a value of 1.73 billion dong.