20200217_BSC_Vietnam Daily Review_EN_A correction session_TA_KSB_Double Bottom Pattern

Market outlook 
Right from the beginning of the morning, VN-Index was under dropping pressure when the trio of Vin stocks namely VIC, VHM, VRE dropped sharply. In the afternoon, the index continued moving below the reference level and only narrowed the drop at the end of the session thanks to the support of Banking sector with BID, TCB, MBB, and VCB. Market sentiment remained cautious when the liquidity was at low level and foreign investors continued to be net sellers. In the absence of supportive information and influence of Covid-19 still intact, VN-Index will maintain the accumulated movement below 945 points in the short term

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 17, 2019, majority of coverred warrants decreased, while underlying securities diverged in term of price. Trading volume decreased strongly.

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

Highlights
• VN-Index -2.68 points, closed at 934.77. HNX-Index -0.17 points, closed at 109.57.
• Pull up the index: BID (+1.82); TCB (+0.52); VNM (+0.46); MBB (+0.14); VCB (+0.11).
• Pulling the index down: VIC (-1.94); VHM (-0.86); SAB (-0.70); GAS (-0.66); CTG (-0.27).
• The matched value of VN-Index reached VND 2,496 billion, -8% compared to the previous session.
• The amplitude of fluctuation is 4.18 points. The market has 133 gainers, 63 reference codes 222 losers.
• Foreign investors' net selling value: 129.22 billion dong on HOSE, including MSN (28.62 billion), VIC (18.80 billion) and CTG (17.38 billion). Foreigners were net sellers on the HNX with a value of 3.50 billion dong.