20200406_BSC_Vietnam Daily Review_EN_Stocks hit the ceiling, VN-Index closed the declining gap_TA_VCS_Rebound

Market outlook 
Last week's rally was sustained today as a series of large-cap stocks recorded good gains. VIC, VHM, BID, VCB, GAS are the main pillars of VN-Index. In the afternoon, the index widened its gaining trend and ended at the highest level of the day. Market breadth was completely tilted toward buyers with 330 gainers, while in the VN30 group, there were 18 stocks hitting the ceiling. Investor sentiment turned to a positive state when the liquidity increased strongly and future contracts of all terms also increased again. With the success of closing the declining gap, VN-Index has confirmed to return to the short-term recovering trend and form a 2-bottom pattern. In the context that the epidemic situation in Vietnam seems to be under control, investors can open their positions in fundamentally good stocks that has been in correction trend for the last few months.

Future contracts: All future contracts increased following VN30. Liquidity increased, VN30 might test for 690 points in coming sessions.
Covered warrants: In the trading session on April 6, 2020, most coverred warrants increased following underlying securities.  Trading volume increased positively.

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

Highlights
• VN-Index +34.95 points, closed at 736.75. HNX-Index +5.42 points, closed at 103.26.
• Pulling up the index: VIC (+6.22); VHM (+3.84); BID (+2.82); VCB (+2.63); GAS (+2.11).
• Pull the index down: QCG (-0.02); HRC (-0.02); DTL (-0.02); THI(-0.01); CLL (-0.01).
• The matched value of VN-Index reached 3,786 billion dong, +42% compared to the previous session.
• The trading band is 21.36 points. The market has 330 gainers, 42 reference codes and 59 losers.
• Foreign net selling value: VND 669.26 billion on HOSE, including VIC (212.75 billion), VCB (64.72 billion) and VNM (61.31 billion). Foreigners were net sellers on the HNX with a value of 2.69 billion dong.