20200630_BSC_Vietnam Daily Review_EN_ Continued correction_TA_TLG_Breakout

Market outlook 
Stock market: After the previous corrected session, the market opened in an excited trading sentiment. However, the gaining momentum started weakening in the afternoon. Investment cash flow recovered slightly but was still weak when only 4/19 sector gained. Meanwhile, foreign investors continued to be net sellers on both exchanges. The liquidity in the market decreased slightly, the amplitude of fluctuations narrowed and the market breadth was negative, indicating that the correcting trend is weakening. VN-Index is likely to fluctuate in the range 825-850 in the next sessions.

Future contracts: All future contracts decreased following VN30. Investors might consider selling with target price around 737 points for long-term contracts.

Covered warrants: In the trading session on June 30th, 2020, majority of coverred warrants decreased following underlying securities. Trading value decreased.

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

Highlights
• VN-Index -4.25 points, closed at 825.11 points. HNX-Index -0.56 points, closed at 109.76 points.
• Pulling up the index: VHM (+1.43); VNM (+0.40); VJC (+0.19); HPX (+0.12); HPG (+0.12).
• Pulling the index down: VCB (-1.27); BID (-0.69); SAB (-0.64); GVR (-0.46); VRE (-0.40).
• The matched value of VN-Index reached VND 4,056 billion, down -8.3% compared to the previous session.
• The trading band was 18.39 points, narrowing from the previous session. The market has 138 gainers, 54 reference codes and 237 losers.
• Foreign investors' net selling value: VND -34.17 billion on HOSE, including PDR (VND -27.6 billion), VCB (VND -22.5 billion) and VIC (VND -19.8 billion). Foreigners were net sellers on the HNX with a value of VND -4.20  billion.