Daily Highlight – August 08, 2016 – Vn-Index +2.07 points [629.46]

08/08/2016 16:35

Loại báo cáo: Báo cáo Asean Securities
Nguồn báo cáo: Công ty cổ phần chứng khoán Đông Nam Á
CORPORATE NEWS
DHG: To sell all 222,380 treasury shares
VNF: Transimex Jsc registered to purchase 682,100 shares
GMC: Member of the BOD registered to sell 400,000 shares
HHS: Member of the BOD registered to sell 12,7 million shares

VIETNAM MACROECONOMIC NEWS
HCMC looks to credit growth of 18-20%
Central Bank of Vietnam Sets Key Monetary Policies by Year End
August 08: The central rate of VND/USD is VND 21,833 per US dollar, up VND5 from last week
August 08: The buying and selling prices of SJC gold touched VND36,48 million and VND36,58 million, respectively

INTERNATIONAL NEWS
August 05: The Dow industrials rose 1.04 percent, to 18,543.53
August 05: U.S. crude oil fell 0.31 percent, to settle at $41,80

FOREIGNER TRADING STATISTICS
Today, foreigners were net-sellers for VND119.61 billion on both HOSE and HNX. On HOSE, foreign investors net sold VND130.62 billion. On HNX, foreign investors registered their net-buying status for VND11.0 billion. Foreigners’ top buying shares on HNX were PGS (167.900 shares), VND (166.900 shares), BVS (109.000 shares), PLC (66.900 shares) and SHB (53.600 shares). Foreigners’ top selling on HNX shares were AAA (70.800 shares), PLC (58.200 shares), VNR (50.000 shares), DXP (15.000 shares) and DAD (10.400 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 [-0.22%], Rubber [+0.19%], Securities [-0.21%], Technology [+0.17%], Oil & Gas [-0.19%], Services [+2.38%],…

Please see the attached file for more details.