20200609_BSC_Vietnam Daily Review_EN_Fluctuating around 900 level_CVT_Positive signal

The data in the session 09/06/2020 may be changed due to data errors in the ATC session of HOSE. Currently, the data in this report does not include transactions in the ATC session.

Market outlook 
Stock market: VN-Index had a slight correction after returning to 900 points. The cash flow is weakening when only 6/19 sectors gained points with strongest rallies in Tourism sector (HVN, VJC) and Chemicals sector (GVR, DCM) having the strongest increase. Foreign investors are net sellers on both HSX and HNX.  Although the liquidity in the market decreased but it remained at a high level. This factor along with narrowed trading range and negative market width showed that the short-term profit-taking sentiment is returning to the market. VN-Index is likely to consolidate shortly around the 900 threshold before forming a new trend.

Future contracts: All future contracts decreased following VN30. Investors might consider selling and buying back with target price around 810 points for short-term contracts.

Covered warrants:  In the trading session on June 9, 2020, majority of coverred warrants decreased following underlying securities. Trading value decreased strongly.

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

Highlights
• VN-Index -0.49 points, closed at 899.43. HNX-Index +003 points, closed at 120.13.
• Pulling up the index: VNM (+1.09); GVR (+0.74); HVN (+0.57); VJC (+0.43); BVH (+0.38).
• Pulling the index down: BID (-0.75); CTG (-0.74); SAB (-0.61); HPG (-0.47); VRE (-0.47).
• The matched value of VN-Index reached VND 6,233 billion, down -13.7% from the previous session.
• The trading band was 6.02 points, narrowed compared to the previous session. The market saw 182 gainers, 42 references and 203 losers.
• Foreign investors' net selling value: VND -146.54 billion on HOSE, including HPG (VND-230.55 billion), CII (VND -44.4 billion) and MSN (VND -34.4 billion). Foreigners were net sellers on the HNX with a value of VND -5.03 billion.
rên sàn HOSE, gồm HPG