20200511_BSC_Vietnam Daily Review_EN_Uptrend continued_TA_VND_Rally

Market outlook 
The exciting trading session continued in the fourth session thanks to the uptrend in the Banking sector (VCB, TCB) and Securities sector (VND, VCI). Liquidity decreased compared to the previous session but still increased compared to the average transaction of the previous month. The trading band was narrowed but the market breadth was still positive with the number of gainers overwhelming the number of stocks sold. These above indices not only show that the market sentiment is highly active, but also support the uptrend of VN-Index. Foreign investors returned to a net selling status mainly focusing on PC1 shares with the trading volume of 23 million shares. VN-Index is likely to retest the resistance range 860-880 this week.

Future contracts: All future contracts increased following VN30. Investors might consider buying with target price around 770 points for short-term contracts.
Covered warrants: In the trading session on May 11, 2020, majority of underlying securities increased, while coverred warrants diverged in terms of price.

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

Highlights
• VN-Index +14.60 points, closed at 828.33. HNX-Index +1.55 points, closed at 111.57.
• Pulling up the index: VHM (+2.48); GAS (+1.86); VNM (+1.74); TCB (+1.30); VCB (+1.06).
• Pulling the index down: VJC (-0.21); DHG (-0.08); PAN (-0.06); VCF (-0.03); HT1 (-0.03).
• The matched value of VN-Index reached VND 4,485 billion, down 30% compared to the sudden gained at last weekend session.
• The trading band was 15.85 points, narrowing from the previous session. The market saw 211 gainers, 71 unchange and 99 losers.
• Foreign net selling value: VND 428.05 billion on HOSE, including PC1 (VND 383.9 billion), VCI (VND 89.7 billion) and VHM (VND 84.7 billion). Foreigners were net sellers on the HNX with a value of VND -27.04 billion.