20200528_BSC_Vietnam Daily Review_EN_A slight rally session_ PDR_Uptrend

Market outlook 
The market fluctuated around 860 points during the whole session on May 28, 2020. Foreigners were net buyers on both HSX and HNX exchanges. The notable point of today market was that foreign investors focused on buying Blue chip stocks such as VCB, VHM, and VRE after a long period of net-selling. If this trend continues, the market might consolidate around support level at 860 points. Market breadth became negative, market amplitude narrowed and liquidity decreased. These indicators signaled that a careful sentiment is leading trading activities in the market when relations between China and the US became increasingly become stressful. VN-Index is likely to consolidate around the support level of 860 points before forming a clearer trend.

Future contracts:  All future contracts increased in agreement with the overall trend of the index today, except for VN30F2009. Investors should prioritize selling with target price around 750 points for long-term contracts.

Covered warrants: In the trading session on May 28th 2020, underlying securities were differentiated in status while covered warrants were mostly in red. Trading volume decreased sharply compared to the previous session.


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

Highlights
• VN-Index +3.91 points, closed at 861.39. HNX-Index +0.75 points, closed at 109.64.
• Pulling up the index: VCB (+1.70); BID (+1.04); VRE (+0.93); VHM (+0.29); CTG (+0.16).
• Pulling the index down: GAS (-0.60); EIB (-0.11); TCH (-0.10); VNM (-0.10); HVN (-0.08).
• The matched value of VN-Index reached VND 4,498 billion, down -24.8% compared to the previous session.
• The trading band was 9.89 points, narrowing from the previous session. The market saw 151 gainers, 76 references and 154 losers.
• Foreign investors' net buying value: VND 279.77 billion on HOSE, including VCB (VND 103.54 billion), VHM (VND 86.80 billion) and VRE (VND 44.54 billion). Foreigners were net buyers on the HNX with a value of VND 2.23 billion.