20200610_BSC_Vietnam Daily Review_EN_Side way trend_GEG_Consolidating

Market outlook 
Stock market: VN-Index maintained the consolidated movement around 900 points. The market corrected in the morning session but recovered in the afternoon session. The cash flow during the session focused on Automotive and spare parts sector (DRC, SRC) and Insurance sector (BMI, PTI). Foreigners were net buyers on the HSX while being net sellers on the HNX. The market liquidity was equal to the previous session, the trading amplitude widened and the market breadth turned to a positive state. All these indicators show that the domestic cash flow is still supporting VN-Index. BSC recommends investors to buy good fundamental stocks which are showing signs of correction in this consolidating period.

Future contracts: All future contracts increased following VN30. Investors might consider buying with target price around 845 points for short-term contracts.

Covered warrants:  In the trading session on June 10, 2020, majority of coverred warrants decreased, while underlying securities diverged in terms of price. Trading value remained positive.

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

Highlights
• VN-Index +0.57 points, closed at 900.00. HNX-Index +0.55 points, closed at 120.68.
• Pulling up the index: CTG (+0.48); STB (+0.40); MBB (+0.35); TCB (+0.30); BID (+0.17).
• Pulling the index down: VNM (-0.99); VIC (-0.58); GVR (-0.46); GAS (-0.22); SAB (-0.13).
• The matched value of VN-Index reached VND 6,373 billion, up + 2.2% from the previous session.
• The trading band is 12.39 points, wider than the previous session. The market has 220 gainers, 46 reference codes and 164 losers.
• Foreign net buying value: VND 187.23 billion on HOSE, including FUEVFVND (VND 139.04 billion), VHM (VND 41.5 billion) and NLG (VND 37.6 billion). Foreigners were net sellers on the HNX with a value of VND -11.52 billion.