Daily Highlight – August 10, 2016 – Vn-Index +10.99 points [648.33]

10/08/2016 17:22

Loại báo cáo: Báo cáo Asean Securities
Nguồn báo cáo: Công ty cổ phần chứng khoán Đông Nam Á
CORPORATE NEWS
CMS: To pay cash dividend of 10%
PVX: In 6 months, EAT reached VND32.43 billion, up 3.3 times over the same period
ITD: To pay stock dividend of 20%
NHA: To pay cash dividend of 10%

VIETNAM MACROECONOMIC NEWS
Vietnamese M&A activities heating up
Vietnam records car sales recovery in July
August 10: The central rate of VND/USD is VND 21,838 per US dollar, down VND2 from yesterday
August 10: The buying and selling prices of SJC gold touched VND36,60 million and VND36,68 million, respectively

INTERNATIONAL NEWS
August 09: The Dow industrials rose 0.02 percent, to 18,533.05
August 09: U.S. crude oil fell 0.6 percent, to settle at $42,77

FOREIGNER TRADING STATISTICS
Today, foreigners were net-sellers for VND90.09 billion on both HOSE and HNX. On HOSE, foreign investors net sold VND82.86 billion. On HNX, foreign investors registered their net-selling status for VND7.2 billion. Foreigners’ top buying shares on HNX were PVS (384.600 shares), DBC (160.000 shares), PVX (132.000 shares), VND (87.100 shares) and VIT (70.000 shares). Foreigners’ top selling on HNX shares were DBC (300.000 shares), NTP (196.276 shares), AAA (100.100 shares), VNR (65.000 shares) and HUT (40.000 shares).

TECHNICAL ANALYSIS
Analysis: Based on the moving of technical indicators, we believe that Vn-Index will test the nearest resistance range 640 – 660.
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 [+4.19%], Rubber [+1.74%], Securities [+1.24%], Technology [+0.50%], Oil & Gas [+0.75%], Services [+0.78%],…

Please see the attached file for more details.