20200226_BSC_Vietnam Daily Review_EN_Negative sentiment_PTKT_GVR_Rebound

Market outlook 
The recovery of the previous session was not maintained when right from the morning, VN-Index quickly backed away from the reference level. Large-cap stocks such as GAS, VHM, and VNM continued to exert pressure on the market. In the afternoon, the index was still negative and officially closed around 895 although some codes like FPT, POW, TCB rebounded. Thus, the VN-Index officially broke the support level of 900 points and returned to move in the low price area of early 2019. Risks in the market still exist when foreign investors' net selling momentum remained. In addition, developments in the outbreak of SARS-CoV-2 in many countries, especially Korea, also dominated the market.

Future contracts: All future contracts decreased following VN30. Investors should prioritize buying with target price around 850 points for short-term contracts.
Covered warrants: In the trading session on February 26, 2019, majority of coverred warrants decreased following underlying securities. Trading volume decreased strongly.

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

Highlights
• VN-Index -13.70 points, closed at 895.97. HNX-Index -0.05 points, closed at 106.61.
• Pulling up the index: FPT (+0.19); POW (+0.17); TCB (+0.15); PGD (+0.03); YEG (+0.03).
• Pulling down the index: VHM (-2.14); BID (-2.10); GAS (-1.72); VNM (-1.52); VCB (-1.29).
• The matched value of VN-Index reached VND 2,603 billion, -12.9% compared to the previous session.
• The trading band was 15.42 points, equivalent to the previous session. The market has 109 gainers, 57 reference codes and 247 losers.
• Foreign net-sold value: VND 232.76 billion on HOSE, including VNM (VND 69.9 billion), VCB (VND 37.4 billion) and HPG (VND 19.1 billion). Foreigners were net sellers on the HNX with a value of VND 7.07 billion dong.