Daily Highlight – August 03, 2016 – Vn-Index -4.44 points [631.61]

03/08/2016 17:15

Loại báo cáo: Báo cáo Asean Securities
Nguồn báo cáo: Công ty cổ phần chứng khoán Đông Nam Á
CORPORATE NEWS
VIC: In 6 months, Profit reached VND2,824 billion, up 29.19% over the same period
OGC: In 6 months, Loss was at VND487.32 billion from VND33.19 billion in the same period
BVH: In 6 months, Profit reached VND789 billion, up 8% over the same period
REE: In 6 months, Profit reached VND271 billion, down 33.2% over the same period

VIETNAM MACROECONOMIC NEWS
In 2015 – 2016 season: Sugarcane production output was nearly 13 million tonnes
Shrimp export forecast lowered by 300 million USD
August 03: The central rate of VND/USD is VND 21,830 per US dollar, down VND15 from yesterday
August 03: The buying and selling prices of SJC gold touched VND36.62 million and VND36.70 million, respectively

INTERNATIONAL NEWS
August 02: The Dow industrials fell 0.49 percent, to 18,313.77
August 02: U.S. crude oil fell 1.4 percent, to settle at $39,51

FOREIGNER TRADING STATISTICS
Today, foreigners were net-buyers for VND192.66 billion on both HOSE and HNX. On HOSE, foreign investors net bought VND174.21 billion. On HNX, foreign investors registered their net-buying status for VND18.5 billion. Foreigners’ top buying shares on HNX were PVS (600.500 shares), VIX (430.600 shares), SHS (194.200 shares), S99 (74.700 shares) and VND (62.000 shares). Foreigners’ top selling on HNX shares were AAA (110.100 shares), VNR (22.000 shares), DXP (16.100 shares), PLC (14.200 shares) and PMC (11.300 shares).

TECHNICAL ANALYSIS
Analysis: Based on the moving of technical indicators, we believe that Vn-Index will test the nearest support range 600 – 620.
Recommendation:
In a negative scenario, when the index may correct, the nearest support range of Vn-Index is forecast at 600 – 620, 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 640 – 660, 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 [-2.59%], Rubber [-0.82%], Securities [-0.17%], Technology [-0.18%], Oil & Gas [-0.63%], Services [-0.12%],…

Please see the attached file for more details.