20200624_BSC_Vietnam Daily Review_EN_Corrected session_TA_TRC_Uptrend

Market outlook 
Stock market: After a short consolidating period, the market corrected in today's session. The market moved around the reference level from the morning to the middle of the afternoon session. The correction rose sharply in the middle of the afternoon session with only 2/19 sectors gaining. Meanwhile, foreign investors were net buyers on the HSX and net seller on HNX. The liquidity dropped, the amplitude widened and the market breadth was negative, showing that profit-taking psychology is dominating today trading activities. VN-Index is likely to fluctuate in the range 840-880 in the coming sessions.

Future contracts: Future contracts mostly dropped in agreement with the general trend of the index. Investors should prioritize selling with target price around 770 points for long-term contracts.

Covered warrants: In the trading session on June 24th 2020, underlying securities and covered warrants were mostly in red. Trading value decreased compared to the previous session.


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

Highlights
• VN-Index -8.49 points, closed at 859.71 points. HNX-Index -0.93 points, closed at 113.70 points.
• Pulling up the index: VNM (+0.55); VIC (+0.48); PNJ (+0.04); MBB (+0.04); DGW (+0.03).
• Pulling the index down: VHM (-1.91); VCB (-1.38); SAB (-0.73); GAS (-0.71); CTG (-0.48).
• The matched value of VN-Index reached VND 4,178 billion, down -19.9% compared to the previous session.
• The trading band was 15.55 points, wider than the previous session. The market saw 99 gainers, 60 unchange and 268 losers.
• Foreign net buying value: VND 59.55 billion on the HOSE, including FUEVFVND (VND 53.0 billion), PLX (VND 45.8 billion) and NVL (VND 15.3 billion). Foreign investors were net sellers on the HNX with a value of VND -2.42 billion.