20200214_BSC_Vietnam Daily Review_EN_A struggling session_TA_STK_Recovery

Market outlook 
In the morning, VN-Index gained well thanks to the breakout of VHM and TCB, GAS, VPB, and VRE keeping the green. However, the index dropped at the end of the afternoon session with selling pressure at VIC, CTG, BID and could not successfully conquer the level of 940 points. Liquidity remained at a low average level and foreign investors remained net sellers as a familiar movement of the market in recent sessions. Also yesterday, MSCI also released its quarterly index review for the first quarter of 2020 with the MSCI Frontier Markets Index. Accordingly, there is no change in Vietnamese stocks in this basket. However, BSC also noted that when Kuwait officially upgrading to Emerging Market in May 2020, the proportion of Vietnamese stocks in the basket could increase to 25%, meaning that capital flows into the market from funds that are using this index basket as benchmarks may increase significantly.

Future contracts: All future contracts increased following VN30. Investors should prioritize selling and buying back with target price around 850 points for short-term contracts.
Covered warrants: In the trading session on February 14, 2019, majority of coverred warrants increased following underlying securities. Trading volume increased strongly.

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

Highlights
• VN-Index -0.79 points, closed at 937.45. HNX-Index +1.55 points, closed at 109.74.
• Pulling up the index: VHM (+1.56); TCB (+0.74); GAS (+0.56); VPB (+0.40); MBB (+0.24).
• Pulling the index down: VIC (-2.32); CTG (-0.48); BID (-0.46); SAB (-0.22); HDB (-0.16).
• The matched value of VN-Index reached VND 2,709 billion, +9.6% compared to the previous session.
• The amplitude of fluctuation is 4.18 points. The market has 160 gainers, 70 reference codes and 177 losers.
• Foreign investors' net selling value: VND 89.97 billion on HOSE, including MSN (VND 19.54 billion), HPG (VND 15.85 billion) and NVL (VND 10.86 billion). Foreigners were net buyers on the HNX with a value of 3.90 billion dong.