20190911_BSC_Vietnam Daily Review_EN_Continuing to lose points_TA_ GEX_Right direction

Market outlook 
VN-Index maintained the previous session before gaining slightly in the morning thanks to the pull from pillar codes like HPG, MSN, and VCB. However, the index quickly reversed and spent the entire afternoon session below the reference level. The lack of information continued to negatively affected the market and VN-Index lost the strong support level of 970 points. The flourishes of the main indices in the region did not support the market much when the liquidity dropped sharply and foreign investors returned to be net sellers. However, information about the outcome of tomorrow's ECB meeting or China’s plan to exempt 16 types of product imported from the US is expected to improve investors’ sentiment in the next sessions.

Future contracts: Except for VN30F2003, future contracts increased following upward movement of VN30. Investors should prioritize selling and buying back with target price around 880 points for long-term contracts.
Covered warrants: In the trading session on September 11, 2019, coverred warrants were diverged in term of price. Majority of underlying securities increased. Trading volume decreased. HPG showed sign of recovery after reaching support level of 21. Improvement in liquidity in recent sessions can create momentum for short-term recovery. Besides, technical indicators also showed signal for increase of HPG, creating momentum for its coverred warrant to increase in the coming sessions.

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

Highlights
• VN-Index -0.95 points, closing at 969.31. HNX-Index +0.22 points, closing at 100.17.
• Pulling up the index: MSN (+0.67); HPG (+0.63); VCB (+0.55); TCB (+0.31); HVN (+0.23).
• Pulling the index down: VHM (-1.65); VNM (-0.81); VIC (-0.49); GAS (-0.33); PLX (-0.17).
• The matched value of VN-Index reached 2,083.69 billion, -25.2% compared to the previous session.
• Fluctuation range is 5.99 points. The market has 122 gainers and 157 losers.
• Foreign net selling value: 1.96 billion on HOSE, including VHM (27.44 billion), VNM (22.58 billion) and BVH (6.77 billion). Foreigners were net sellers on the HNX with a value of 6.31 billion.