Daily Highlight – August 29, 2016 – Vn-Index +1.69 points [669.44]

29/08/2016 16:48

Loại báo cáo: Báo cáo Asean Securities
Nguồn báo cáo: Công ty cổ phần chứng khoán Đông Nam Á
CORPORATE NEWS
SAM: HFC Vietnam Jsc. registered to purchase 3 million shares
CHP: Power Generation Corp. 1 registered to sell more than 6.57 million shares
KPF: CEO’s sister registered to sell 140,000 shares
VKC: Member of the BOD’s father registered to sell 2,57 million shares

VIETNAM MACROECONOMIC NEWS
Treasury to mobilise more capital from government bonds
Ministry to transform Vietnam logistics
August 29: The central rate of VND/USD is VND 21,914 per US dollar, up VND19 from last week
August 29: The buying and selling prices of SJC gold touched VND36,37 million and VND36,45 million, respectively

INTERNATIONAL NEWS
August 26: The Dow industrials fell 0.29 percent, to 18,395.4
August 26: U.S. crude oil rose 0.7 percent, to settle at $47.64

FOREIGNER TRADING STATISTICS
Today, foreigners were net-buyers for VND51.43 billion on both HOSE and HNX. On HOSE, foreign investors net bought VND51.87 billion. On HNX, foreign investors registered their net-selling status for VND0.4 billion. Foreigners’ top buying shares on HNX were PVS (342,000 shares), CHP (191,400 shares), BII (164,000 shares), BVS (114,300 shares) and VC3 (83,400 shares). Foreigners’ top selling on HNX shares were SCR (1,280,400 shares), PVS (460,500 shares), SHB (255,900 shares), KLF (155,000 shares) and NDN (17,600 shares).

TECHNICAL ANALYSIS
VN-INDEX
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 [-0.47%], Rubber [-0.01%], Securities [-1.13%], Technology [-0.59%], Oil & Gas [-1.98%], Services [-3.68%],…

Please see the attached file for more details.