20200324_BSC_Vietnam Daily Review_EN_Decline session_TA_DBD_Positive signal

Market outlook 
In the early minutes of the morning, many positive trading codes helped VN-Index recover slightly. However, the strong fluctuations of some key stocks such as VIC, VHM, VRE, PLX, and MSN quickly pulled the index back below the reference level. In the afternoon, the support of GAS, VNM, BID, VCB, BVH was not enough to help the market recover from the great pressure of the Vin trio. The index continued to decline with a slight decrease in liquidity, while foreign investors continued to be net sellers. The Fed's efforts to announce unlimited quantitative easing packages to support economic growth have had a positive impact on the key stock markets in the region but have not had the same impact on the Vietnamese market. Domestically, the intervention of SBV on VND/USD exchange rate, though not yet having a strong impact on investor sentiment, also showed that the operating policy is active in the near future.
 

Future contracts: VN30F2004 and VN30F2009 increased, while VN30F2005 and VN30F2006 decreased. Liquidity increased slightly, VN30 might accumulate around range of 620-630 points in coming sessions.
Covered warrants: In the trading session on March 24, 2020, most underlying securities decreased, while coverred warrants diverged in terms of price. Trading volume increased strongly.

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

Highlights
• VN-Index -7.38 points, closed at 659.21. HNX-Index +0.49 points, closed at 96.95.
• Pulling up the index: GAS (+1.33); VNM (+1.25); BID (+0.96); VCB (+0.87); NSC (+0.02).
• Pulling the index down: VIC (-4.84); VHM (-3.64); VRE (-0.80); MWG (-0.38); SAB (-0.31).
• The matched value of VN-Index reached VND 3,033 billion, -5% compared to the previous session.
• The fluctuation band is 14.01 points. The market has 158 gainers, 65 references and 196 losers.
• Foreign investors' net selling value: 661.72 billion dong on HOSE, including MSN (113.61 billion), HPG (101.75 billion) and VRE (81.96 billion). Foreigners were net sellers on the HNX with a value of VND 44.43 billion.