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Daily Highlight – July 19, 2016 – Vn-Index -5.74 points [667.76]

Loại báo cáo:	Báo cáo Asean Securities
Nguồn báo cáo:	Công ty cổ phần chứng khoán Đông Nam Á
CORPORATE NEWS COM: Deputy CEO registered to purchase 20,000 shares VRC: Board Member registered to sell 250,110 shares AGM: NGUYEN KIM JSC registered to purchase 276,500 shares GIL: SSIAM registered to sell 1,663,746 shares VIETNAM MACROECONOMIC NEWS Vietnam’s export revenue was estimated at US$82.64 billion in the first six months of this year Duties imposed on imported steel On July 19: The central rate of VND/USD is 21,883 VND per US dollar, up 10 VND from the day earlier In the morning of July 19: The buying and selling prices of SJC gold touched VND36.53 million and VND36.73 million, respectively INTERNATIONAL NEWS On July 18: The Dow Jones increased 16.5 points to 18,533.05 On July 18: WTI slipped 13 cents to $45.11 a barrel FOREIGNER TRADING STATISTICS Today, foreigners were net-buyers on both the Hochiminh stock exchange (HOSE) and the Hanoi Stock Exchange (HNX) for VND 106.17 billion. On HOSE, foreign investors net bought VND 89.51 billion. On HNX, foreign investors registered their net-buying status for VND 16.7 billion. TECHNICAL ANALYSIS VN-INDEX Analysis: Based on the moving of technical indicators, we believe that Vn-Index will test the nearest resistance range 660 – 680. Recommendation: In a negative scenario, when the index may correct, the nearest support range of Vn-Index is forecast at 620 – 640, 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 660 – 680, 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 [-2.60%], Rubber [-0.98%], Securities [+0.91%], Technology [-1.32%], Oil & Gas [-1.2%], Services [-1.33%],…Please see the attached file for more details.