20200320_BSC_Vietnam Daily Review_EN_Continue to decline_TA_PVD_Rebound with Oil Price

Market outlook 
In the first minutes, VN-Index was trading more positively. However, the pressure from blue-chips like VIC, VHM, VCB, NVL, BID quickly dragged the market down below the reference level. Most of the afternoon session, the index tried to narrow the dropping trend. Today is also the last day that 2 ETFs will restructure portfolio and market volatility will focus mainly on ATC session. With the net selling of foreign investors without stopping points and the fluctuating amplitude is still wide, VN-Index is likely to not be able to recover in the short term, especially when the epidemic situation continues.

Future contracts: Except for VN30F2005, all future contracts increased in contrast with VN30. Liquidity increased slightly, VN30 might accumulate around range of 665-680 points in coming sessions.
Covered warrants: In the trading session on March 20, 2020, most coverred warrants decreased following underlying securities.  Trading volume decreased strongly.

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

Highlights
• VN-Index -16.21 points, closed at 709.73. HNX-Index +0.80 points, closed at 101.79.
• Pulling up the index: GAS (+1.53); VJC (+0.81); VNM (+0.51); MWG (+0.21), VPB (+0.18).
• Pulling the index down: VIC (-5.72); VCB (-4.56); VHM (-4.22); VRE (-0.93); GVR (-0.73).
• The matched value of VN-Index reached VND 3,137 billion, -4% compared to the previous session.
• The trading band is 19.62 points. The market has 124 gainers, 83 reference codes and 211 losers.
• Foreign net selling value: 915.82 billion dong on HOSE, including HPG (191.60 billion), VCB (137.16 billion) and MSN (81.00 billion). Foreigners were net sellers on the HNX with a value of 21.71 billion dong.