20200225_BSC_Vietnam Daily Review_EN_The market flourishes_TA_FPT_ Rebound signal

Market outlook 
Affected negatively when Japan's Nikkei plummeted more than 3%, in the morning, VN-Index backed to move mainly below the reference level. VHM, VIC, VCB, GAS, VJC were the main pressure on the index. In the afternoon, VN-Index lowered the drop and successfully regained the green in the last minutes of the session. The recovery mainly came from the banking sector with BID, VPB, TCB, MBB, and especially CTG which hit the ceiling today. Market breadth was largely inclined to buyers with 218 gainers. Stable mentality has returned to the market when liquidity returned to an average low. However, the strong net selling pressure of foreign investors still showed that the movement of VN-Index in the coming time will mainly be fluctuation and accumulation on the bottom of 900 points.

Future contracts: Future contracts all gained today in agreement with the rising status of the index. Investors should prioritize buying with target price around 875 points for all contracts.
Covered warrants: In the trading session on February 25th 2020, covered warrants and underlying securities were differentiated by status. Trading volume decreased compared to the previous session.

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

Highlights
• VN-Index +6.33 points, closed at 909.67. HNX-Index +2.48 points, closed at 106.66.
• Pulling up the index: BID (+3.07); CTG (+1.96); VPB (+1.12); VNM (+0.82); TCB (+0.73).
• Pulling the index down: VCB (-1.06); VHM (-0.85); GAS (-0.49); HVN (-0.45); VIC (-0.29).
• The matched value of VN-Index reached VND 2,987 billion, -28% compared to the previous session.
• The trading band is 15.72 points. The market saw 218 gainers and 50 references 142 codes.
• Foreign investors' net selling value: 112.57 billion dong on HOSE, including VCB (68.74 billion), HAG (19.49 billion) and NVL (12.24 billion). Foreigners were net sellers on the HNX with a value of 14.83 billion dong.