20181129_BSC_Vietnam Daily Review_EN_ Waiting for the G20 meeting_TA_ GAS_Downtrend

 Highlights

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

• The leaders were VJC (+0.50 points); VHM (+0.41 points); LGC (+0.12 points); VRE (+0.11 points); CTG (+0.11 points).

• The laggards were VNM (-0.92 points); GAS (-0.83 points); HPG (-0.66 points); BVH (-0.50 points); PLX (-0.36 points).

• Cash flow focused on plastic and transportation, liquidity increased.

• The trading value of VN-Index in today session reached VND 2505 billion. The trading range was 10.96 points. The market recorded 121 gainers and 165 decliners.

• By the ending of the session, VN-Index decreased 3.41 points, closing at 926.79 points. HNX-Index also decreased 0.29 points to 187.05 points.

• Foreign investors today net bought 95.87 billion on HOSE, focusing VNM (90.51 billion), VCB (36.08 billion) and SSI (19.96 billion).  However, they net sold 10.43 billion on HNX.

Market outlook 

In the morning session, the VN-Index fluctuated and increased but the market momentum decreased at the end of the session and the buying forces focused on the Banking stocks such as VCB, CTG, BID, and TCB. In the afternoon session, the index decreased due to the maintenance of selling force in Petroleum stocks such as GAS, PLX and strong selling force in Banking stocks . In the view of BSC, the index increased in the morning session due to the possibility that Fed will raise  the interest rates slowly and positive sentiment from regional markets. However, the index declined in the afternoon session because investors took profit and decreased the weight of investment portfolios before G20 meeting in the tomorrow.

Technical analysis

GAS_Downtrend

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