Weekly Report

Today, Vietnam Airlines (HoSE : HVN) has been officially listed on the HOSE with the reference price of VND40,600 per share/ Recent adverse movements in the international have made USD exchange rates surge in commercial banks/ Chinese Vice Premier Liu He confirmed that he will still go to Washington on May 9-10 to have a talk with the US delegation/Investors who have opened short-term trading positions are recommended to keep the stock proportion at a low level and avoid buying at high prices.

Liquidity in the banking system saw marked improvements in the trading week from April 22 to May 03/The US-China trade tensions have currently exacerbated/ Investors are recommended to wait for deep declining sessions before re-opening some short-term trading positions

The index of industrial production in April, according to statistics from the GSO, showed positive results/ Petrol and oil prices went up about VND1,000 in the adjustment on May 02/Investors can wait for the next correcting sessions, after the stock prices come back around the support areas, to accumulate stocks again

Fed decided to keep the interest rates unchanged at 2.25% - 2.5%./ The latest round of US-China trade talks closed in Beijing yesterday with promising progresses./ The Purchasing Managers' Index (PMI) of Vietnam increased from 51.9 points in March to 52.5 points in April, the highest in 4 months according to the latest Nikkei figures/ Investors are advised to keep the swing trading strategy

the Bank of Japan (BoJ) has announced to keep the loose monetary policy until early 2020/ Today Vice-Governor of PBoC stated that China monetary policy will be not too tightened and not too loose

The S&P 500 and Nasdaq on the US market closed at a record high yesterday/The WB has lowered the forecast GDP growth rate of Vietnam in 2019 to 6.6%/ Investors can still buy first at support zones and sell later at resistance zones to follow the dominant uptrend

Vietnam trade deficit reached USD750 billion in the first half of April 2019/With the current fluctuations, investors are recommended to apply short-term trading strategy for only a part of the portfolio. It should be noted that it is necessary to set a stop loss if the indexes lose the near support - It is considered a key point determining the ability to keep the short-term uptrend.

The cash flow trend has become more unpredictable, while interbank interest rates have not cooled down as the SBV continued to buy foreign currencies in the trading week of April 15-19/ Crude oil prices skyrocketed to USD74 per barrel in today trading session