20200626_BSC_Vietnam Daily Review_EN_Slight correction _TA_DGC_Uptrend

Market outlook 
Stock market: The market opened in the green until the end of the morning session. But the gaining momentum weakened over time and began to correct in the early afternoon. The investment cash flow was still weak when only 5/19 industries gained. Meanwhile, foreign investors maintained a net selling trend on both HSX and HNX. The liquidity dropped, the amplitude widened and the market breadth was negative, showing cautious trading sentiment. VN-Index is likely to move within the range of 840-860 in the coming sessions.

Future contracts: All future contracts decreased following VN30. Investors might consider buying with target price around 780 points for long-term contracts.

Covered warrants: In the trading session on June 26, 2020, majority of coverred warrants decreased following underlying securities. Trading value decreased slightly.

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

Highlights
• VN-Index -2.61 points, closed at 851.98 points. HNX-Index -0.62 points, closed at 113.45 points.
• Pulling up the index: SAB (+0.88); NVL (+0.80); TCB (+0.15); VHM (+0.09); MWG (+0.08).
• Pulling the index down: VIC (-1.83); VCB (-0.42); VNM (-0.25); VRE (-0.20); GVR (-0.17).
• The matched value of VN-Index reached VND 3,096 billion, decreased -20.4% compared to the previous session.
• The trading band was 11.93 points, wider than the previous session. The market has 124 gainers, 58 unchange and 253 losers.
• Foreign net selling value: VND -30.34 billion on HOSE, including VRE (VND -29.2 billion), CII (VND -25.8 billion) and VNM (VND -23.2 billion). Foreigners were net sellers on the HNX with a value of VND -4.12 billion.