20200519_BSC_Vietnam Daily Review_EN_Maintaining positive momentum_TA_MWG_Breakout

Market outlook 
VN-Index continued to have a positive session. VN-Index gained strongly in ATO session, before trading around 850-852 points for most of the time in the morning session. Large-cap stocks such as VHM, VNM and HPG led the market rally. In the afternoon, VN-Index narrowed the gaining trend as the selling force rose in the market. Foreigners remained net sellers on the HSX, while returning to net buyers on the HNX. Positive Market breadth and sharply increased liquidity session show that the strong cash flow was supporting the index's momentum. With the domestic cash flow rising again, VN-Index is likely to retest the resistance level of 860-880 points.

Future contracts:  All future contracts increase in alignment with the index rally. Investors can consider selling and repurchasing with the target price around 740 points for long-term contracts.

Covered warrants: In the session on 19/05/2020, most warrants increased in alignment with the underlying stock. The trading value was maintained at a high level.

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

Highlights
• VN-Index + 8.91 points, closed at 845.92. HNX-Index +0.29 points, closed at 108.83.
• Pulling up the index: VHM (+1.25); CTG (+1.01); HPG (+0.83); VNM (+0.75); GAS (+0.71).
• Pulling the index down: SAB (-0.18); VPB (-0.07); HNG (-0.06); BVH (-0.04); TCH (-0.03).
• The matched value of VN-Index reached VND 5,349.54 billion, up 38.99% from the previous session.
• The trading band is 10.10 points, slightly lower than the previous session. The market has 231 gainers, 63 unchange and 135 losers.
• Foreign investors' net selling value: VND -95.91 billion on HOSE, including VRE (VND 71.95 billion), HPG (VND 31.38 billion) and VIC (VND 24.04 billion). Foreigners were net buyers on the HNX with a value of VND 0.66 billion.