20200423_BSC_Vietnam Daily Review_EN_ The gaining momentum narrowed with time _TA_ AAA_Positive signal

Market outlook 
The US stock market rebounded sharply after three losing sessions, supporting the good gaining momentum from the beginning of the morning. The pillar stocks such as VHM, SAB, GAS, VIC, HPG continued to maintain the green in the index. However, similar to the previous session, the demand weakened over time, so the gaining trend was narrowed and VN-Index increased only slightly by 5 points. Market breadth was generally balanced between buyers and sellers when the number of advancers was approximately the number of losers. The matching volume continued to decline slightly, indicating that after the strong correction session on Tuesday, investors traded somewhat cautiously. However, the information on the social relaxation easing in Vietnam to partially restore economic activities also partly helps to support market sentiment due to short-term adjustment risks such as the net selling momentum of foreign investors are very volatile of major markets around the world. Besides, Q1 business results of listed companies are also gradually being announced. As such, investors can follow this information for a more comprehensive view of the impact of the Covid-19 epidemic.

Future contracts: All future contracts decreased in contrast with VN30. Investors might consider selling and buying back with target price around 660 points for short-term contracts.
Covered warrants: In the trading session on April 23, 2020, majority of coverred warrants increased following underlying securities.  Trading value increased positively.

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

Highlights
• VN-Index +4.99 points, closed 773.91. HNX-Index +0.17 points, closed at 106.97.
• Pulling up the index: VHM (+ 1.83%); SAB (+ 3.20%); GAS (+ 2.52%); HPG (+ 3.85%); VIC (+ 0.54%).
• Pulling the index down: VNM (-1.44%); VPB (-1.49%); VCB (-0.14%); HDB (-0.96%); CTG (-0.26%).
• The matched value of VN-Index reached VND 2,922 billion, -14% compared to the previous session.
• The trading band is 13.72 points. The market has 195 gainers, 70 reference codes and 143 losers.
• Foreign investors' net selling value: 314.33 billion dong on HOSE, including VNM (91.19 billion), VRE (50.80 billion) and HDB (30.01 billion). Foreigners were net sellers on the HNX with a value of 11.48 billion dong.