Daily/Weekly Report

PetroVietnam Gas JSC (GAS) held the 2019 annual general meeting today, which has agreed on a dividend payout ratio of 53% (compared to 40% as previously planned)/ Investors are advised to wait for a plunging session after accumulating stocks again.

Liquidity in the banking system cooled down in the trading week from April 01 to April 05/Long-term national credit rating for Vietnam was upgraded from "BB-" to "BB" with "stable" prospects/ Investors are advised not to buy new stocks and make use of intraday upswings to reduce short-term positions that were previously bought.

The US – China trade talks are supposed to achieve a specific result in the next four weeks, stated the US President Donald Trump alongside the meeting with China Vice Premier Liu He/Investors are recommended to only trade with available short-term positions. They should only increase stock proportion when liquidity strongly recovered.

Vietnam economic growth was forecast to reach 6.8% in 2019/ Investors are recommended to only trade with available short-term positions. They should only increase stock proportion when the target index and stocks fall back to the strong support areas.

Asian stock markets skyrocketed in Wednesday session/ Investors are advised not to buy stocks at high prices, and should only buy at low prices with trading positions mentioned in previous daily notes.

Global stock markets simultaneously cheered the positive data from the US economy/ Investors are recommended to make use of intraday upswings to reduce the short-term portfolio to a safe level.

Liquidity in the banking system was tightening again in the trading week from March 25 to March 29/ PMI in March reached 51.9 points, stayed above 50 points in 40 consectutive months./ Investors are recommended to apply sell-before-buy strategy for this proportion.

GDP growth in the 1Q.2019 was expected to gain 6.79% YoY/Meanwhile, the average CPI in the 1Q only gained 2.63% YoY/Investors are recommended to take advantage of intraday upswings to reduce short-term positions. Buying decisions should only be considered when target stocks drop to strong support zones.

Asian markets experienced many contrasting moves in Thursday trading session/Investors are advised to stimulate swing trading strategy for short-term portfolio, focusing on better-than-average stocks in the diverged market. Stock accumulation should only be considered if stocks fall back to below the previous bottom.

The world oil prices surged in Tuesday trading session/Investors are recommended to only accumulate stocks if stock fall back to below the previous bottom