Daily Highlight – August 01, 2016 – Vn-Index -3.85 points [648.38]

01/08/2016 17:01

Loại báo cáo: Báo cáo Asean Securities
Nguồn báo cáo: Công ty cổ phần chứng khoán Đông Nam Á
CORPORATE NEWS
SHI: In 6 months, Profit reached VND51.9 billion, up 9.5% over the same period
TVS: Q2/2016, Profit reached VND11 billion, up slightly over the same period
PAN: In 6 months, Profit reached VND192 billion, up 52% over the same period
AAA: Q2/2016, Profit reached VND33.88 billion, up 5.8 times over the same period

VIETNAM MACROECONOMIC NEWS
Vietnam manufacturing PMI down to 51.9 in July
In 7 months: Some 64,000 enterprises were created
August 01: The central rate of VND/USD is VND 21,853 per US dollar, down VND9 from last week
August 01: The buying and selling prices of SJC gold touched VND36.56 million and VND36.66 million, respectively

INTERNATIONAL NEWS
July 29: The Dow industrials fell 0.13 percent, to 18,432.24
July 29: U.S. crude oil rose 1.1 percent, to settle at $41.60

FOREIGNER TRADING STATISTICS
Today, foreigners were net-buyers for VND11.48 billion on both HOSE and HNX. On HOSE, foreign investors net sold VND10.61 billion. On HNX, foreign investors registered their net-buying status for VND22.1 billion. Foreigners’ top buying shares on HNX were SCR (416.700 shares), PVS (379.100 shares), VCG (227.800 shares), BVS (189.400 shares) and VND (188.400 shares). Foreigners’ top selling on HNX shares were AAA (145.900 shares), VNR (26.000 shares), TTB (20.000 shares), VLA (14.200 shares) and VGS (10.800 shares).

TECHNICAL ANALYSIS
Analysis: Based on the moving of technical indicators, we believe that Vn-Index will test the nearest support range 640 – 650.
Recommendation:
In a negative scenario, when the index may correct, the nearest support range of Vn-Index is forecast at 640 – 650, where traders can take T+ buying for the short-term position.
In a positive scenario, when the index may rebound, the nearest resistance range of Vn-Index is forecast at 660 – 670, where traders can sell a part of the existing short-term portfolio.
Based on Kelly formula, the recommended proportion of the portfolio is 90% cash/ 10% stocks.

INDUSTRY PERFORMANCE
Real estate [+0.36%], Rubber [-0.30%], Securities [-0.44%], Technology [-0.12%], Oil & Gas [0.50%], Services [-2.03%], Pharmaceuticals [-0.37%],…

Please see the attached file for more details.