20200427_BSC_Vietnam Daily Review_EN Correction session TA_ TIP_Uptrend

Market outlook 
In the first minutes of the session, VN-Index traded positively and continued the recovery trend. Pillar codes like GVR, VNM, VPB, and VIC were the ones that pulled the index up. However, the strong selling pressure in the remaining time caused VN-Index to fall back to the reference level. However, some stocks in small and medium cap group still recorded good gains when cash flow was directed there. The market corrected in contrast to the general trend of other big stock markets in the region. Liquidity remained stable while foreign investors continued to be net sellers. This week, the remaining listed companies will also announce Q1 business results. This will be an important factor that has a significant impact on the VN-Index during this time.

Future contracts: All future contracts decreased following VN30. Investors might consider selling and buying back with target price around 670 points for long-term contracts.
Covered warrants: In the trading session on April 27, 2020, majority of coverred warrants decreased following underlying securities. Trading value increased strongly.

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

Highlights
• VN-Index -5.89 points, closed at 770.77. HNX-Index -0.67 points, closed at 106.30.
• Pulling up the index: GVR (+ 6.93%); VPB (+ 2.44%); POW (+ 3.66%); KBC (+ 6.67%); PHR (+ 6.38%).
• Pulling the index down: VCB (-3.05%); BID (-2.50%); VIC (-1.08%); GAS (-1.38%); VHM (-0.77%).
• The matched value of VN-Index reached VND 3,772 billion, + 18% compared to the previous session.
• The trading band is 14.97 points. The market has 186 gainers, 55 reference codes and 175 losers.
• Foreign net selling value: 463.53 billion dong on HOSE, including VCB (106.87 billion), VPB (83.06 billion) and VRE (57.81 billion). Foreigners were net sellers on the HNX with a value of 12.85 billion dong.