20181116_BSC_Vietnam Daily Review_EN_Positive signal_TA_ BMP_Sideway

 Highlights

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

• The leaders were GAS (+2.74 points); BID (+1.27 points); VPB (+0.99 points); CTG (+0.81 points); HDB (+0.59 points).

• The laggards were VHM (-4.49 points); VIC (-1.59 points); VNM (-1.08 points); NVL (-0.61 points); VRE (-0.23 points).

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

• The trading value of VN-Index in today session reached VND 2638.8 billion. The trading range was 9.04 points. The market recorded 175 gainers and 102 decliners.

• By the ending of the session, VN-Index increased 1.04 points, closing at 898.19 points. HNX-Index also increased 2 points to 103.01 points.

• Foreign investors today net sold 74.38 billion on HOSE, focusing on VIC (44.74 billion), VCB (41.31 billion) and HPG (27.13 billion). However, they net bought 2.36 billion on HNX.

Market outlook 

In the morning session, VN-Index fluctuated and increased with the support from buying forces of Oil stocks such as GAS, PLX and some Banking stocks such as BID, CTG, MBB and TCB. In the afternoon session, VN-Index fluctuated and increased slightly. However, some bluechips had strong net selling such as VHM and VIC. In view of BSC, the market recovered slightly in the last trading session after losing 3 consecutive days and continued to go back to the regional trend as yesterday. However, the psychology of investors still weak due to low liquidity and net sellers of foreigners. Investors should keep an eye on market ‘s information about Brexit and the negotiations of US and China ahead of the G20 meeting.

Technical analysis

BMP_Sideway

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