20200424_BSC_Vietnam Daily Review_EN_ Struggling around the reference level_TA_VNM_Excitement

Market outlook 
In the morning, VN-Index struggled right from the first minutes of the session. The index quickly lost its momentum and dropped to below the reference level with increasing selling pressure on VHM, VCB, BID, SAB, and VIC. In the afternoon, thanks to the impressive breakthrough of VNM after the information that the company planned to buy 17.5 million treasury shares, VN-Index reversed and gained slightly again. The market saw the second gaining session in a row, contrary to the general correcting trend of other big stock markets in the region. The liquidity returned to the average level compared to the previous sessions, showing that the cash flow is still mainly in the market. In the context that demand always appeared when the index appeared correcting signal during the session, VN-Index is likely to continue moving sideways and accumulating in the price channel of 750 - 800 points.

Future contracts: All future contracts increased following VN30. Liquidity remained moderate, VN30 might accumulate around 725 points in coming sessions.
Covered warrants: In the trading session on April 24, 2020, majority of coverred warrants increased, while underlying securities diverged in terms of price.  Trading value increased positively.

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

Highlights
• VN-Index +2.75 points, closed at 776.66. HNX-Index +0.00 points, closed at 106.97.
• Pulling the index up: VNM (+ 6.97%); MSN (+ 2.23%); VPB (+ 3.02%); HPG (+ 2.31%); PLX (+ 1.60%).
• Pulling the index down: VHM (-2.40%); VCB (-0.43%); BID (-0.55%); HVN (-1.62%); VJC (-1.03%).
• The matched value of VN-Index reached 3,200 billion dong, +10% compared to the previous session.
• Amplitude is 10.99 points. The market has 177 gainers, 73 reference codes and 159 losers.
• Foreign net selling value: 345.20 billion dong on HOSE, including VNM (91.19 billion), CRE (38.52 billion) and VCB (37.01 billion). Foreigners were net sellers on the HNX with a value of 22.67 billion dong.