Daily Highlight – August 25, 2016 – Vn-Index -2.27 points [658.50]

25/08/2016 17:12

Loại báo cáo: Báo cáo Asean Securities
Nguồn báo cáo: Công ty cổ phần chứng khoán Đông Nam Á
CORPORATE NEWS
ST8: Payment of cash dividend at the rate of 20%
PVE: Payment of cash dividend at the rate of 5%
HKB: Member of the BOD registered to sell nearly 6.84 million shares
SAM: CEO’s wife registered to sell 2.3 million shares

VIETNAM MACROECONOMIC NEWS
August CPI posts 7-month lowest increase
VN gets $14.4m FDI in first eight months
August 25: The central rate of VND/USD is VND 21,898 per US dollar, down VND14 from yesterday
August 25: The buying and selling prices of SJC gold touched VND36,37 million and VND36,45 million, respectively

INTERNATIONAL NEWS
August 24: The Dow industrials fell 0.35 percent, to 18,481.48
August 24: U.S. crude oil fell 2.8 percent, to settle at $46.77

FOREIGNER TRADING STATISTICS
Today, foreigners were net-sellers for VND69.37 billion on both HOSE and HNX. On HOSE, foreign investors net sold VND67.21 billion. On HNX, foreign investors registered their net-selling status for VND2.2 billion. Foreigners’ top buying shares on HNX were KHB (348,000 shares), VGS (100,000 shares), TIG (80,000 shares), SHB (60,000 shares) and VND (50,000 shares). Foreigners’ top selling on HNX shares were SCR (600,300 shares), BCC (79,500 shares), VNR (45,000 shares), CTA (40,000 shares) and VCG (40,000 shares).

TECHNICAL ANALYSIS
Analysis: Based on the moving of technical indicators, we believe that Vn-Index will test the nearest support range 640 – 660.
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 50% cash/ 50% stocks.

INDUSTRY PERFORMANCE
Real estate [-0.27%], Rubber [-0.16%], Securities [-0.43%], Technology [+0.47%], Oil & Gas [+0.63%],…

Please see the attached file for more details.