20200608_BSC_Vietnam Daily Review_EN_Sharp liquidity increased, VN-Index back to 900 level_SBT_Breakout

Market outlook 
Stock market: The market was very excited and retested the resistance level of 900 points. The liquidity sharply increased compare to the previous session following the buying trend. Foreigners were net buyers on the HSX, while being net seller on the HNX. The money flow into all stock sectors when all 19/19 sectors increased. At the same time, 27/30 VN30 shares increased sharply. If domestic cash flow continues flowing strongly into the market, VN-Index is likely to return to 920 points in the coming sessions.

Future contracts: All future contracts increased following VN30. Investors might consider selling and buying back with target price around 785 points for long-term contracts.

Covered warrants:  In the trading session on June 8, 2020, majority of coverred warrants increased following underlying securities. Trading value increased strongly.

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

Highlights
• VN-Index +13.70 points, closed at 899.92. HNX-Index +2.02 points, closed at 120.10.
• Pulling up the index: BID (+2.19); VNM (+1.79); GAS (+1.09); VIC (+0.96); SAB (+0.55).
• Pulling the index down: LGC (-0.13); TPB (-0.04) b; VPB (-0.04); CTD (-0.03); HDB (-0.03).
• The matched value of VN-Index reached VND 7,224 billion, up 39.1% from the previous session.
• The trading band was 16.95 points, widening compared to the previous session. The market has 313 gainers, 47 unchange and 77 losers.
• Foreign net-selling value of foreign investors: - Foreign trading data of HOSE has not been updated until the afternoon of August 6, 2020. Foreigners were net sellers on the HNX with a value of -20.08 billion dong.