Daily Highlight – August 19, 2016 – Vn-Index +1.63 points [662.28]

19/08/2016 15:07

Loại báo cáo: Báo cáo Asean Securities
Nguồn báo cáo: Công ty cổ phần chứng khoán Đông Nam Á
CORPORATE NEWS
RAL: To pay cash dividend of 20%
PJT: To pay cash dividend of 2%
ST8: To pay cash dividend of 20%
HLD: To pay cash dividend of 15%

VIETNAM MACROECONOMIC NEWS
Vietnam-EAEU Free Trade Agreement to Take Effect on October 5
Jobless Rate Inches up in Q2
August 19: The central rate of VND/USD is VND 21,857 per US dollar, up VND15 from yesterday
August 19: The buying and selling prices of SJC gold touched VND36,61 million and VND36,68 million, respectively

INTERNATIONAL NEWS
August 18: The Dow industrials rose 0.13 percent, to 18,597.70
August 18: U.S. crude oil rose 3.1 percent, to settle at $48,22

FOREIGNER TRADING STATISTICS
Today, foreigners were net-sellers for VND281.07 billion on both HOSE and HNX. On HOSE, foreign investors net sold VND272.16 billion. On HNX, foreign investors registered their net-selling status for VND8.9 billion. Foreigners’ top buying shares on HNX were SDH (365,800 shares), BVS (255,600 shares), KHB (208,000 shares), VND (167,500 shares) and PVS (83,000 shares). Foreigners’ top selling on HNX shares were PVS (748,900 shares), VND (134,400 shares), CTA (131,800 shares), VNR (70,000 shares) and BVS (62,000 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 [-0.31%], Rubber [-1.47%], Securities [-1.34%], Technology [-1.03%], Oil & Gas [-1.26%], Services [-0.03%], Pharmaceuticals [-2.74%], Building Materials [-1.54%],…

Please see the attached file for more details.