20200221_BSC_Vietnam Daily Review_EN_Downward correction_TA_TIG_Breakout

Market outlook 
In the morning, VN-Index gained slightly thanks to some recovering blue-chips like VNM, MSN. In the afternoon, the index could not maintain moving above reference level and turned to drop. Market breadth was almost completely tilted toward the sell side with 222 stocks of declining. The liquidity in the market today was still stable, showing no big change in the general trend. Meanwhile, the stock market in the region mostly stayed in red due to the impact of the decline of the US market on Thursday.

Future contracts: All future contracts decreased following VN30. Investors should prioritize buying with target price around 875 points for short-term contracts.
Covered warrants: In the trading session on February 21, 2019, majority of coverred warrants decreased following underlying securities. Trading volume increased.

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

Highlights
• VN-Index -5.04 points, closed at 933.09. HNX-Index -1.49 points, closed at 108.09.
• Pulling up index: VNM (+1.09); MSN (+0.68); BVH (+0.22); VPB (+0.18); SAB (+0.11).
• Pulling the index down: BID (-2.05); CTG (-1.10); VHM (-0.76); VCB (-0.54); TCB (-0.40).
• The matched value of VN-Index reached VND 3,154 billion, + 12.5% compared to the previous session.
• The trading band is 8.21 points. The market has 130 gainers, 62 reference codes and 222 losers.
• Foreign net-selling value: 117.29 billion on HOSE, including E1VFVN30 (-50.34 billion), BID (-40.09 billion) and PVD (-15.49 billion). Foreigners were net sellers on the HNX with a value of 4.93 billion.