20200310_BSC_Vietnam Daily Review_EN_Rebound session_TA_HPG_Bottom Catching

Market outlook 
Right from the first minutes of the morning, VN-Index dropped negatively due to the strong pressure of blue-chips like GAS, PLX, MWG, BVH. During the remaining time, the index tried to recover to above reference level. The impressive breakthrough of VNM, VCB and VHM helped the market successfully regain the green color. This is advocating consensus with major stock markets in the region and in the world. Liquidity decreased slightly compared to the previous session but still maintained at an average level, showing that the majority of cash flow is still in the market. The minus point today still came from the strong net selling chain of foreign investors.

Future contracts: All future contracts increased following VN30. Investors might consider selling and buying back with target price around 760 points for short-term contracts.
Covered warrants: In the trading session on March 10, 2020, coverred warrants diverged in terms of price, while majority of underlying securities increased.  Trading volume remained at high level.

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

Highlights
• VN-Index +2.01 points, closed at 837.50. HNX-Index -0.14 points, closed at 106.20.
• Pulling up the index: VNM (+2.50); VCB (+1.42); VHM (+1.16); HPG (+0.67); CTG (+0.55).
• Pulling the index down: GAS (-1.90); BID (-1.36); PLX (-0.80); BVH (-0.53); MWG (-0.26).
• The matched value of VN-Index reached 3,657 billion dong, -15% compared to the previous session.
• The trading band is 36.65 points. The market has 204 gainers, 44 reference codes and 164 losers.
• Foreign net-sold value: VND 398.11 billion on HOSE, including E1VFVN30 (VND 120.71 billion), MSN (VND 64.15 billion) and HPG (VND 54.58 billion). Foreigners were net sellers on the HNX with a value of VND 17.25 billion.