20200401_BSC_Vietnam Daily Review_EN_A strong increase_TA_ BVH_Double bottom model

Market outlook 
The movement of VN-Index was more positive in today's session. The index quickly regained the green in the morning as a series of market leading stocks such as VIC, VCB, BID, VNM, CTG continued to recover. The good gaining momentum of the index was maintained in the afternoon, especially when some VN30 codes like BVH, SSI, and STB hit the ceiling. As mentioned in yesterday's report, index provider FTSE has published periodic market classification. Accordingly, Vietnam continues to be on the watchlist for upgrading because of market regulations conducting a pre-trading check to ensure the availability of funds prior to trade execution. However, with changes in the classification of Peru, Argentina and Romania in the frontier market index, it is expected that the proportion of Vietnamese stocks may increase in the next September review.

Future contracts: All future contracts increased following VN30. Liquidity decreased, VN30 might accumulate around 630 points in coming sessions.
Covered warrants: In the trading session on April 1, 2020, most coverred warrants increased following underlying securities.  Trading volume decreased.

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

Highlights
• VN-Index +17.70 points, closed at 680.23. HNX-Index +2.97 points, closed at 95.61.
• Pulling up the index: VCB (+3.26); VIC (+2.53); VNM (+1.51); BID (+1.46); CTG (+1.22).
• Pulling the index down: TPB (-0.20); VHM (-0.18); VSH (-0.05); E1VFVN30 (-0.04); TMS (-0.03).
• The matched value of VN-Index reached VND 2,120 billion, -17% compared to the previous session.
• The trading band is 27.55 points. The market has 287 gainers, 50 reference codes 86 losers.
• Foreign net selling value: VND 128.05 billion on HOSE, including MSN (38.09 billion), HVN (18.92 billion) and VIC (14.43 billion). Foreigners were net sellers on the HNX with a value of 15.02 billion dong.