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Daily Highlight – August 12, 2016 – Vn-Index -4.53 points [655.71]

Loại báo cáo: Báo cáo Asean Securities
Nguồn báo cáo: Công ty cổ phần chứng khoán Đông Nam Á
CORPORATE NEWS
ITA: Tan Tao University registered to purchase 10 million shares
BCG: Vice Chairman of the BOD registered to purchase 2 million shares
VNM: Project Director registered to sell 300,000 shares
CHP: Vietnam Electricity registered to sell 11.2 million shares
VIETNAM MACROECONOMIC NEWS
HCM City registers growth in industrial production index
Steel prices set to increase
August 12: The central rate of VND/USD is VND 21,849 per US dollar, up VND16 from yesterday
August 12: The buying and selling prices of SJC gold touched VND36,52 million and VND36,60 million, respectively
INTERNATIONAL NEWS
August 11: The Dow industrials fell 0.2 percent, to 18,495.66
August 11: U.S. crude oil rose 4.3 percent, to settle at $43,49
FOREIGNER TRADING STATISTICS
Today, foreigners were net-sellers for VND56.7 billion on both HOSE and HNX. On HOSE, foreign investors net sold VND72.97 billion. On HNX, foreign investors registered their net-buying status for VND16.3 billion. Foreigners’ top buying shares on HNX were PVS (605,200 shares), HUT (300,000 shares), MBG (192,600 shares), BVS (136,900 shares) and PMC (60,900 shares). Foreigners’ top selling on HNX shares were AAA (136,800 shares), ASA (121,800 shares), HVA (108,000 shares), PVS (104,000 shares) and PVC (50,900 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 [-0.01%], Rubber [-0.99%], Securities [-1.04%], Technology [-0.29%], Oil & Gas [+1.31%], Services [+1.68%], Pharmaceuticals [-0.57%], Building Materials [-1.78%],…
Please see the attached file for more details.

 

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