20200408_BSC_Vietnam Daily Review_EN_The market moved sideway_TA_POW_Uptrend

Market outlook 
In the morning, VN-Index met with increasing selling pressure in pillar codes like VIC, BID, VCB, GAS, CTG and dropped. For most of the afternoon session, the index moved negatively below the reference level before rising slightly again at the end of the session. The market generally remained in equilibrium when the impressive breakthrough of VHM, BID, and MSN helped the index from being under too much selling pressure at VIC, VCB, VPB. With the movement of approaching the strong resistance level of 750 points in the coming sessions of the VN-Index, the index is expected to experience fluctuations and fluctuations in this price range. Therefore, investors might consider selling part of the portfolio to preserve the results.

Future contracts: All future contracts decreased following VN30. Investors might consider buying with target price around 680 points for long-term contracts.
Covered warrants: In the trading session on April 8, 2020, majority of coverred warrants decreased, while underlying securities diverged in terms of price.  Trading value decreased strongly.

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

Highlights
• VN-Index +1.33 points, closed at 748.02. HNX-Index +0.50 points, closed at 103.93.
• Pulling up the index: VHM (+ 6.06%); BID (+ 2.57%); MSN (+ 2.43%); POW (+ 2.63%); VNM (+ 0.51%).
• Pulling the index down: VIC (-3.39%); VCB (-1.03%); VPB (-2.84%); TCB (-1.47%); HPG (-1.58%).
• The matched value of VN-Index reached VND 2,833 billion, -31% compared to the previous session.
• The fluctuation band is 18.24 points. The market has 170 gainers, 62 reference codes and 164 losers.
• Foreign net-selling value: VND 217.33 billion on HOSE, including VIC (51.56 billion), NKG (49.87 billion) and DMC (38.51 billion). Foreigners were net sellers on the HNX with a value of 37.54 billion dong.