20200604_BSC_Vietnam Daily Review_EN_Consolidate trend_DGW_Breakout

Market outlook 
Stock market: VN-Index gained positively at the beginning of the morning, before gaining most of the trading time struggling around 885-888 points. Foreigners were net sellers on both HSX and HNX. The cash flow of investment spread to the whole market when 17/19 sectors gained, with the strongest uptrend concentrated in financial services (HCM, VCI) and banks (VCB, BID). Market breadth remained positive, market amplitude decreased and liquidity increased which all indicated that short-term consolidation trend around 880 points will continue.

Future contracts:  All future contracts decreased following VN30. Investors might consider selling and buying back with target price around 800 points for short-term contracts.

Covered warrants: In the trading session on June 3, 2020, majority of underlying securities increased, while coverred warrants diverged in terms of price. Trading value decreased strongly.


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

Highlights
• VN-Index +2.73 points, closed at 883.90. HNX-Index +0.94 points, closed at 117.42.
• Pulling up the index: VCB (+1.25); BID (+1.95); CTG (+2.71); VNM (+2.71); HVN (+1.03).
• Pulling the index down: VIC (-0.83); VHM (-0.51); GVR (-2.31); HPG (-1.30); VPB (-1.23).
• The matched value of VN-Index reached VND 5,408 billion, up 25.02% from the previous session.
• The trading band is 5.10 points, slightly lower than the previous session. The market saw 210 gainers, 72 unchange and 144 losers.
• Foreign investors' net selling value: VND -163.93 billion on HOSE, including E1VFVN30 (VND -141.3 billion), HPG (VND -137.4 billion) and MSN (VND -35.6 billion). Foreigners were net sellers on the HNX with a value of VND -4.76 billion.