20200506_BSC_Vietnam Daily Review_EN_A breakout session_TA_CTI_Uptrend

Market outlook 
At the open-session, the market traded with excitement. The gaining momentum lasted and sharply increased in the middle of the afternoon session. 28/30 stocks of VN30 increased with the strongest rally from VHM, VIC, GAS. The liquidity increased sharply, the market amplitude widened and the positive market breadth signaled that investors' positive sentiment has returned to the market. However, foreigners sold a net of VND 2,380 billion in VHM stock. This breakout trend is likely to help the market retest the 787 resistance level in the upcoming trading sessions.

Future contracts: All future contracts increased 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 May 6, 2020, majority of coverred warrants increased following underlying securities. Trading value increased strongly.

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

Highlights
• VN-Index +18.43 points, closed at 782.59. HNX-Index +1.25 points, closed at 106.66.
• Pulling up the index: VHM (+3.25); VIC (+2.22); GAS (+1.69); SAB (+1.15); VRE (+0.96).
• Pulling the index down: HDB (-0.07); KBC (-0.03); THI (-0.03); PGI (-0.03); DTL (-0.02).
• The matched value of VN-Index reached VND 3,438 billion, +40% compared to the previous session.
• The trading band was 17.22 points, narrowing from the previous session. The market saw 247 gainers, 60 unchange and 104 losers.
• Foreign net selling value: -2,389.34 billion dong on HOSE, including VHM (2,175 billion), STB (40.6 billion) and VRE (27.2 billion). Foreigners were net sellers on the HNX with a value of -24.10 billion.