20200410_BSC_Vietnam Daily Review_EN_Correction session_TA_SHS_Excitement

Market outlook 
In the morning, VN-Index struggled around the reference level before selling pressure increased at some codes with good recovery last week. However, the good rise of stocks such as VJC, SAB, GVR, MSN, and VCB helped the market stay in green. In the afternoon, the index continued to shake strongly and ended with a drop of 2.39 points, ending the chain of 7 consecutive gaining sessions. The market saw a divergence when the aviation industry recovered under the guidance of VJC and HVN, while the banking group with BID, VCB, CTG, HDB, and MBB recorded a slight correction. Investors' sentiment was cautious again today with important macro information in the world such as FED's decision to inject an additional 2.3 trillion USD in the form of loans to the US economy and the temporary agreement of production cut between Russia and Saudi Arabia registered at 10 million barrels a day instead of 20 million barrels a day as expected. With positive movement to escape the short-term downtrend this week, VN-Index is expected to witness the ups and downs in the week after the index moved within the channel of 750-770 points.

Future contracts: All future contracts increased in contrast with VN30. Investors might consider buying with target price around 680 points for long-term contracts.
Covered warrants: In the trading session on April 10, 2020, majority of coverred warrants increased following underlying securities.  Trading value decreased strongly.

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

Quick update: OPEC+ agreed to a temporary oil production cut

Highlights
• VN-Index -2.39 points, closed at 757.94. HNX-Index +1.10 points, closed at 106.18.
• Pulling up the index: VJC (+ 6.96%); GVR (+ 6.88%); HVN (+ 6.78%); MSN (+ 1.35%); PLX (+ 1.88%).
• Pulling the index down: VHM (-2.75%); VIC (-1.04%); BID (-2.12%); VCB (-0.56%); CTG (-1.77%).
• The matched value of VN-Index reached 3,263 billion dong, -13% compared to the previous session.
• The trading band is 12.77 points. The market has 165 gainers, 62 reference codes and 187 losers.
• Foreign net selling value: VND 60.20 billion on HOSE, including VIC (VND 71.83 billion), HDB (VND 20.76 billion) and STB (VND 15.72 billion). Foreigners were net sellers on the HNX with a value of 14.12 billion dong.