20200429_BSC_Vietnam Daily Review_EN_A slight increase_TA_BMI_Excitement

Market outlook 
Right from the first minutes of the morning, VN-Index struggled when pillar codes like CTG, BID, GVR somewhat delayed the correction pressure of stocks such as VHM, VNM, VPB. In the afternoon, the index continued trading in a shaking state, before closing with a slight gain of 1.90 points. The division was clear on Banking group when VCB, CTG, and BID gained strongly while EIB and VPB corrected slightly. The market recovered slightly after two consecutive losing sessions following the general trend of other regional stock markets. Tomorrow, the Fed will also release meeting memo to determine its next direction under the impact of the Covid-19 epidemic. The important policies related to interest rates and open market activities will be partly important information affecting the next direction of the State Bank of Vietnam in particular and other large central banks in the world.

Future contracts: All future contracts increased in contrast with VN30. Investors might consider buying with target price around 700 points for long-term contracts.
Covered warrants: In the trading session on April 29, 2020, majority of coverred warrants increased following underlying securities. Trading value decreased strongly.

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

Highlights
• VN-Index +1.90 points, closed at 769.11. HNX-Index +0.58 points, closed at 106.84.
• Pulling up the index: VCB (+ 1.49%); CTG (+ 4.99%); BID (+ 1.28%); GVR (+ 3.24%); VJC (+ 2.30%).
• Pulling the index down: SAB (-4.12%); VHM (-1.55%); VNM (-1.49%); VPB (-2.38%); MSN (-1.51%).
• The matched value of VN-Index reached 3,301 billion dong, + 5% compared to the previous session.
• The trading band is 4.43 points. The market has 207 gainers, 58 reference codes and 146 losers.
• Foreign net-selling value: VND 493.30 billion on HOSE, including VGC (283.26 billion), VNM (75.64 billion) and VCB (59.98 billion). Foreigners were net sellers on the HNX with a value of 6.97 billion dong.