Daily Highlight – August 11, 2016 – Vn-Index +11.91 points [660.24]

11/08/2016 16:54

Loại báo cáo: Báo cáo Asean Securities
Nguồn báo cáo: Công ty cổ phần chứng khoán Đông Nam Á
CORPORATE NEWS
SHI: To pay stock dividend of 12%
HU1: To pay cash dividend of 6%
TJC: To pay cash dividend of 8%
ITD: To pay stock dividend of 20%VIETNAM MACROECONOMIC NEWS
MoF proposes clearing, freezing tax debts
Export of Many Items to China Drops
August 11: The central rate of VND/USD is VND 21,833 per US dollar, down VND5 from yesterday
August 11: The buying and selling prices of SJC gold touched VND36,58 million and VND36,68 million, respectively

INTERNATIONAL NEWS
August 10: The Dow industrials fell 0.2 percent, to 18,495.66
August 10: U.S. crude oil fell 2.5 percent, to settle at $41,71

FOREIGNER TRADING STATISTICS
Today, foreigners were net-buyers for VND55.83 billion on both HOSE and HNX. On HOSE, foreign investors net bought VND39.47 billion. On HNX, foreign investors registered their net-buying status for VND16.4 billion. Foreigners’ top buying shares on HNX were PVS (805.000 shares), DLR (187.000 shares), VND (140.000 shares), VIT (70.000 shares) and BVS (63.900 shares). Foreigners’ top selling on HNX shares were AAA (114.600 shares), NTP (88.400 shares), VNR (43.000 shares), VCG (42.300 shares) and SCR (24.000 shares).

TECHNICAL ANALYSIS
Analysis: Based on the moving of technical indicators, we believe that Vn-Index will test the nearest resistance range 680 – 700.
Recommendation:
In a negative scenario, when the index may correct, the nearest support range of Vn-Index is forecast at 640 – 660, 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 680 – 700, where traders can sell a part of the existing short-term portfolio.
Based on Kelly formula, the recommended proportion of the portfolio is 30% cash/ 70% stocks.

INDUSTRY PERFORMANCE
Real estate [+1.42%], Rubber [+0.82%], Securities [+0.94%], Technology [+1.32%], Oil & Gas [+0.67%], Services [+0.48%], Pharmaceuticals [+2.3%], Building Materials [+0.88%],…

Please see the attached file for more details.