20200527_BSC_Vietnam Daily Review_EN_A corrected session_ CTD_Double bottom pattern

Market outlook 
The uptrend has reversed at today session. The market increased in the morning session but reversed in the early afternoon session. Short-term profit-taking pressure increased sharply in the afternoon, causing 18/19 sector to decline. Foreigners remained net sellers on the HSX while being net buyer on the HNX. Market breadth turned to negative state, market amplitude widened and liquidity increased strongly which together showed that strong profit-taking sentiment behind the trading activities on the market. With this corrected session, VN-Index might return to test the support level of 835-852 points.

Future contracts:  All future contracts decreased in agreement with the overall trend of the index today. Investors should prioritize selling with target price around 775 points for short-term contracts.

Covered warrants: In the trading session on May 27th 2020, underlying securities and covered warrants were mostly in red. Trading volume increased sharply compared to the previous session.


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

Highlights
• VN-Index -11.65 points, closed at 857.48. HNX-Index -1.60 points, closed at 108.89.
• Pulling up the index: VCB (+0.42); HVN (+0.26); NVL (+0.11); CTD (+0.11); EIB (+0.10).
• Pulling the index down: BID (-2.53); VIC (-1.63); VNM (-1.29); HPG (-0.95); VPB (-0.81).
• The matched value of VN-Index reached VND 5,983 billion, up + 20.1% compared to the previous session.
• The trading band was 17.87 points, wider than previous session. The market has 116 gainers, 57 reference codes and 208 losers.
• Foreign investors' net selling value: VND -116.43 billion on HOSE, including HPG (VND -83.20 billion), VRE (VND -27.60 billion) and VJC (VND -18.19 billion). Foreigners were net buyers on the HNX with a value of VND 3.10 billion.