20200708_BSC_Vietnam Daily Review_EN_ Struggling around the reference level_TA_GEX_Rising Signal

Market outlook 
Stock market: The decline of the US market on July 7 partly was partly the reason for VNIndex to open in the red, but the index later recovered and fluctuated around the reference level. The cash flow of investment improved slightly compared to the previous session when there were 12/19 industries gained. Meanwhile, foreign investors had a strong net selling session on HSX. The liquidity in the market decreased compared to the previous session, the market breadth was negative, indicating that the majority of traders still had no consensus in the trading position. The fluctuation in a narrow range may continue until the end of the current trading week.

Future contracts: All future contracts increased in contrast with the general trend of the index. Investors should prioritize buying with target price around 795 points for all contracts.

Covered warrants: In the trading session on July 8th 2020, underlying securities and covered warrants have differentiated status. Trading value decreased sharply compared to the previous session.

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

Highlights
• VN-Index +1.08 points, closed at 864.5. HNX-Index +0.66 points, closed at 114.37.
• Pulling up the index: SAB (+1.51); GAS (+0.28); CTG (+0.21); LGC (+0.18); VPB (+0.14).
• Pulling the index down: VCB (-0.42); VHM (-0.38); VNM (-0.25); HPG (-0.23); VIC (-0.19).
• The matched value of VN-Index reached VND 3,039 billion, -33.31% compared to the previous session.
• Amplitude is 5.6 points. The market has 156 gainers, 75 reference codes and 196 losers.
• Foreign net-selling value: VND -332.83 billion on HOSE, including DHC (VND -202.1 billion), HPG (VND -87.4 billion) and VCB (VND -14.4 billion). Foreigners were net sellers on the HNX with a value of VND -0.55 billion.