Daily Highlight – August 16, 2016 – Vn-Index -1.36 points [658.11]

16/08/2016 15:21

Loại báo cáo: Báo cáo Asean Securities
Nguồn báo cáo: Công ty cổ phần chứng khoán Đông Nam Á
CORPORATE NEWS
ITD: To pay stock dividend of 20%
DPR: To pay cash dividend of 15%
TVC: Member of the BOD registered to sell 100,000 shares
STK: Head of the Supervisory Board registered to sell 25,000 shares

VIETNAM MACROECONOMIC NEWS
Vietnam-EU Trade Value Increases 9.1%
Ministry’s fund lends SMEs 29 million USD
August 16: The central rate of VND/USD is VND 21,846 per US dollar, down VND1 from yesterday
August 16: The buying and selling prices of SJC gold touched VND36,67 million and VND36,73 million, respectively

INTERNATIONAL NEWS
August 15: The Dow industrials rose 0.32 percent, to 18,636.05
August 15: U.S. crude oil rose 2.8 percent, to settle at $45,74

FOREIGNER TRADING STATISTICS
Today, foreigners were net-sellers for VND206.89 billion on both HOSE and HNX. On HOSE, foreign investors net sold VND207.68 billion. On HNX, foreign investors registered their net-buying status for VND0.8 billion. Foreigners’ top buying shares on HNX were BVS (186,300 shares), VND (183,100 shares), KHB (87,000 shares), PVS (85,400 shares) and SHB (60,500 shares). Foreigners’ top selling on HNX shares were VGS (107,000 shares), DXP (49,800 shares), PVS (48,100 shares), VCS (37,900 shares) and PVC (31,600 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 [-1.40%], Rubber [+1.90%], Securities [+1.62%], Technology [+2.15%], Oil & Gas [-0.55%], Services [-0.55%], Pharmaceuticals [+3.72%],…

Please see the attached file for more details.