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Daily Highlight – July 21, 2016 – Vn-Index -0.69 points [659.57]

Loại báo cáo:	Báo cáo Asean Securities
Nguồn báo cáo:	Công ty cổ phần chứng khoán Đông Nam Á
CORPORATE NEWS CTD: Q2/2016, profit reached VND355 billion, up 151% over the same period CSM: Q2/2016, profit reached VND62 billion, down 41% over the same period NT2: Q2/2016, profit reached VND376,76 billion, was 3 times higher than the same period QHD: Q2/2016, profit reached VND11 billion, up 20% over the same period VIETNAM MACROECONOMIC NEWS Dong Nai surpasses yearly target in FDI attraction Circular outlines tax incentives On July 21: The central rate of VND/USD is VND 21,895 per US dollar, up VND7 from the day earlier In the morning of July 21: The buying and selling prices of SJC gold touched VND36.40 million and VND36.50 million, respectively INTERNATIONAL NEWS On July 20: The Dow Jones rose 0.19 percent, to 18,595.03 On July 20: Crude oil rose 30 cents, or 0.7 percent, to settle at $47.75 FOREIGNER TRADING STATISTICS Today, foreigners were net-sellers for VND 26.08 billion. On HOSE, foreign investors net sold VND 73.13 billion. On HNX, foreign investors registered their net-buying status for VND 46.3 billion. TECHNICAL ANALYSIS Analysis: Based on the moving of technical indicators, we believe that Vn-Index will test the nearest support range 620 – 640. 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 70% cash/ 30% stocks.INDUSTRY PERFORMANCE Real estate [+0.14%], Rubber [+0.24%], Securities [-1.92%], Technology [+0.21%], Oil & Gas [+0.35%], Services [-1.26%], Pharmaceuticals [-0.29%], Building Materials [-0.06%], Mining [-0.81%],… Please see the attached file for more details.