20181031_BSC_Vietnam Daily Review_EN_Optimistic Sentiment_ TCB_ Positive signal

Highlights

• VN-Index increased in the morning session, fluctuated and more increased in the afternoon session.

• The leaders were VHM (+3.63 points); GAS (+3.01 points); BID (+2.04 points); MSN (+1.83 points); VCB (+1.58 points)

• The laggards were VNM (-0.65 points); BHN (-0.19 points); HDB (-0.12 points); HSG (-0.08 points); NKG (-0.04 points)

• Cash flow focused on oil and trade, liquidity increased.

• The trading value of VN-Index in today session reached 3,211.2 billion. The trading range was 20.53 points. The market recorded 226 gainers and 68 decliners.

• By the ending of the session, VN-Index increased 26.07 points, closing at 914.76 points. HNX-Index also increased 6.88 points to 189.34 points.

• Foreign investors today net sold 163.09 billion on HOSE, focusing VNM (70.76 billion), VHM (46.90 billion) và VHC (34.02 billion). However, they net bought 2.64 billion on HNX.

Market outlook 

Early in the morning, VN-Index increased. Buying forces appeared in the middle of the session in some bluechips: VHM, MSN, VJC, banking stocks: VCB, CTG, TCB, BID with BID ceiling and oil and gas stocks: GAS, PVS, PVD, PLX, ... made the index rise. In the afternoon session, VN-Index continued gaining momentum with more positive sentiment than the morning session and cash flow continued to pour into the market with the ceiling gain such as VHM, PVD, DXG, VND, TCM. . Market liquidity - 4522.26 billion was better than yesterday, however foreigners continue to net sellers. From the viewpoint of BSC, the market had a recovery in the last 9 sessions after losing 9 consecutive sessions and testing the bottom of success in yesterday thanks to positive information in business results in Q3 as well as optimistic sentiment. to the regional and world markets. The market will be able to test 919 - 924 points before challenging the psychological threshold at 939 - 940 points in the next session.

Add TCB to fundamental portfolio.

Technical analysis

TCB_ Positive signal

 (Please go to page 2 for buy/sell status of stocks and page 4 for Blue chip stocks information)