20200409_BSC_Vietnam Daily Review_EN_VN-Index increased for the 7th session in a row_TA_PC1_Uptrend

Market outlook 
VN-Index had positive movements in both morning and afternoon sessions. The impressive gaining momentum of market leading stocks such as VCB, GAS, VIC, VRE, and PLX helped the index maintain its rising span. VN-Index also successfully challenged the resistant level of 750 points and entered the price zone around 760 points. The liquidity in the market increased sharply, showing the optimism of investors with the current trend. On April 9, OPEC and its allies will also hold an emergency meeting in the hope of achieving a production cut agreement. Information regarding the outcome of this meeting is expected to affect the Oil and Gas sector in particular and the market in general in tomorrow trading session.

Future contracts: All future contracts increased following VN30. Investors might consider selling and buying back with target price around 660 points for long-term contracts.
Covered warrants: In the trading session on April 9, 2020, majority of underlying securities increased, while coverred warrants diverged in terms of price.  Trading value increased strongly.

Technical analysis: PC1_Uptrend
(Please go to page 2 for buy/sell status of stocks and page 4 for Blue chip stocks information)

Highlights
• VN-Index +12.31 points, closed at 760.33. HNX-Index +1.15 points, closed at 105.08.
• Pulling up the index: VCB (+ 5.19%); GAS (+ 6.86%); VIC (+ 2.13%); VRE (+ 5.33%); PLX (+ 4.17%).
• Pulling the index down: VHM (-1.43%); BID (-0.66%); MWG (-1.35%); BVH (-1.26%); HPG (-0.80%).
• The matched value of VN-Index reached VND 3,726 billion, +31% compared to the previous session.
• The trading band is 14.79 points. The market has 238 gainers, 69 reference codes and 121 losers.
• Foreign net selling value: VND 291.57 billion on HOSE, including VIC (VND 127.48 billion), HPG (VND 34.06 billion) and POW (VND 32.16 billion). Foreigners were net sellers on the HNX with a value of VND 16.53 billion.