20200702_BSC_Vietnam Daily Review_EN_ Slightly correction session_TA_DHC_Positive Signal

Market outlook 
Stock market: After the positive gain of the previous day, the market was no longer maintain the green color as many banking stocks dropped right from the beginning. However, the decline was narrowed gradually in the afternoon. Investment cash flow weakened compared to yesterday when only 10/19 industry groups advanced. Meanwhile, foreign investors continued to be net sellers on both HSX and HNX. Market liquidity continued to decline, the amplitude of fluctuations was relatively narrow and the market breadth was negative, indicating that psychological caution still exists. VN-Index is likely to continue fluctuations in the coming sessions.

Future contracts: Future contracts mostly increased in contrast with the general trend of the index. Investors should prioritize selling with target price around 740 points for medium-term contracts.

Covered warrants: In the trading session on July 2nd 2020, underlying securities and covered warrants have differentiated status. Trading value decreased compared to the previous session.

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

Highlights
• VN-Index -1.11 points, closed at 842.38 points. HNX-Index -0.08 points, closed at 111.61 points.
• Pulling up the index: SAB (+0.71); MSN (+0.57); BVH(+0.20); VGC(+0.17); HPG(+0.16).
• Pulling the index down: VIC(-1.1); VNM (-0.84); GAS (-0.27); BID(-0.23); VRE(-0.17).
• The matched value of VN-Index VND reached 2,920 billion, decreased -4.9% compared to the previous session.
• The trading band was 7.18 points, decreased compared to previous session. The market saw 168 gainers, 47 unchanged stocks and 210 losers.
• Foreign investors' net selling value: VND -177.16 billion on HOSE, including IBC (VND 56.25 billion), VIC (VND 20.90 billion) and POW (VND 17.45 billion). Foreigners were net sellers on the HNX with a value of - VND -4.68 billion.