20200327_BSC_Vietnam Daily Review_EN_Continue struggling, foreign investors end the chain of net sale_TA_SAB_Positive Signal

Market outlook 
In the morning, VN-Index struggled and lost points right from the first minutes. The support from blue-chips like VIC, VCB, SAB, MSN, and VNM helped the index gain, and sometimes recovered to above 700 points. The market continued to shake in the afternoon and the gaining trend narrowed at the end of the session. The highlight today came from foreign investors returning to a net buying of nearly VND 31 billion on all three floors. The liquidity of the market also improved than the previous sessions, showing that the investors' sentiment has been somewhat positive. However, the GDP information of Vietnam in the first quarter of 2020 only recorded a growth of 3.82%, equivalent to the lowest level in the past 10 years, is expected to have a negative impact on the index next week. .

Future contracts: All future contracts decreased following VN30. Investors might consider selling and buying back with target price around 605 points for short-term contracts.
Covered warrants: In the trading session on March 27, 2020, most coverred warrants decreased following underlying securities.  Trading volume increased positively.

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

Highlights
• VN-Index +1.85 points, closed at 696.06. HNX-Index -0.46 points, closed at 97.35.
• Pulling up index: VIC (+5.13); VCB (+0.96); SAB (+0.87); VRE (+0.26); CTG (+0.21).
• Pulling the index down: VHM (-0.92); MWG (-0.57); HPG (-0.56); HDB (-0.35); BID (-0.34).
• The matched value of VN-Index reached 2,877 billion VND, + 7% compared to the previous session.
• The trading band is 20.70 points. The market has 105 gainers, 69 reference codes and 241 losers.
• Foreign investors' net buying value: VND 18.05 billion on HOSE, including VNM (VND 60.59 billion), CTG (VND 40.99 billion) and VCB (VND 21.86 billion). Foreigners were net sellers on the HNX with a value of 8.77 billion dong.