Daily Highlight – August 31, 2016 – Vn-Index +1.96 points [674.63]

31/08/2016 17:19

Loại báo cáo: Báo cáo Asean Securities
Nguồn báo cáo: Công ty cổ phần chứng khoán Đông Nam Á
CORPORATE NEWS
PGD: Payment of cash dividend at the rate of 10%
LDG: Payment of stock dividend at the rate of 18%
HTC: Payment of cash dividend at the rate of 3%
VNC: Payment of cash dividend at the rate of 7%

VIETNAM MACROECONOMIC NEWS
IPI rises 6.9% in eight months
Turkey imposes AD duties on Vietnam plywood, polyester textured yarn
August 31: The central rate of VND/USD is VND 21,921 per US dollar, up VND9 from yesterday
August 31: The buying and selling prices of SJC gold touched VND36,27 million and VND36,35 million, respectively

INTERNATIONAL NEWS
August 30: The Dow industrials fell 0.26 percent, to 18,454.3
August 30: U.S. crude oil fell 1.3 percent, to settle at $46.35

FOREIGNER TRADING STATISTICS
Today, foreigners were net-sellers for VND16.95 billion on both HOSE and HNX. On HOSE, foreign investors net sold VND30.71 billion. On HNX, foreign investors registered their net-buying status for VND13.8 billion. Foreigners’ top buying shares on HNX were PVS (545,000 shares), PLC (260,600 shares), BVS (120,600 shares), VND (95,000 shares) and DBC (49,000 shares). Foreigners’ top selling on HNX shares were PVS (432,600 shares), VGS (212,600 shares), BCC (208,900 shares), PLC (41,910 shares) and CTS (17,900 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 [+0.27%], Rubber [+0.18%], Securities [+0.56%], Technology [+2.61%], Oil & Gas [+0.44%],…

Please see the attached file for more details.