20200218_BSC_Vietnam Daily Review_EN_Continuing to lose points_TA_VIC_Downtrend

Market outlook 
The trio of Vingroup stocks, namely VHM, VIC, and VRE, continued to put strong declining pressure on the VN-Index in the morning. In the afternoon, the index was still in red with 175 losers. In which, large-cap stocks such as VIC, SAB, VNM, GAS are the forces that pulled the market down under the reference level. The market struggled with low average liquidity. Other stock markets in the region also register the same price movement. Given the current negative price movement and unfavorable macro information, the VN-Index is likely to retest the low 925 area as BSC mentioned in this week's report.

Future contracts: All future contracts decreased following VN30. Investors should prioritize buying with target price around 865 points for short-term contracts.
Covered warrants: In the trading session on February 18, 2019, majority of coverred warrants decreased following underlying securities. Trading volume increased strongly.

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

Highlights
• VN-Index -6.84 points, closed at 927.93. HNX-Index +0.50 points, closed at 110.07.
• Pulling up the index: BID (+0.59); FPT (+0.37); VPB (+0.22); MWG (+0.19); CTG (+0.16).
• Pulling the index down: VIC (-3.37); SAB (-1.44); VNM (-1.00); GAS (-0.72); VHM (-0.67).
• The matched value of VN-Index reached 2,735 billion dong, +9.5% compared to the previous session.
• The trading band is 8.97 points. The market saw 162 gainers, 67 references and 175 losers.
• Foreign net-selling value: VND 285.54 billion on HOSE, including VIC (39.09 billion), CTG (35.98 billion) and NVL (32.84 billion). Foreigners were net sellers on the HNX with a value of 13.93 billion dong.