20181130_BSC_Vietnam Daily Review_EN_Waiting for new signal _TA_MBB_Breakout

 Highlights

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

• The leaders were VNM (+0.92 points); VCB (+0.45 points); MBB (+0.43 points); GAS (+0.41 points) and PLX (+0.24 points).

• The laggards were VHM (-0.94 points); HPG (-0.66 points); MSN (-0.36 points); NVL (-0.31 points) and VIC (-0.29 points).

• Cash flow focused on Service and Mineral , liquidity increased.

• The trading value of VN-Index in today session reached VND 2858.8  billion. The trading range was 7.84 points. The market recorded 147 gainers and 126 decliners.

• By the ending of the session, VN-Index decreased 0.25 points, closing at 926.54 points. HNX-Index also increased by 0.65 points to 104.82 points.

• Foreign investors today net sold VND 12.90 billion on HOSE, focusing HPG (VND 77.4 billion), VIC (VND 59.7 billion) and GAS (VND 20.5 billion).   However, they net bought 4.62 billion on HNX.

Market outlook 

In the morning session, the VN-Index fluctuated and decreased sharply with selling forces appeared in some blue-chips such as VIC, VHM, MSN, and HPG. In the afternoon session, the market continued to fluctuate and decreased but the market momentum decreased thanks to the support of buying forces appeared in Petroleum stocks such as GAS, PLX and Banking stocks such as VCB, MBB, GTG, and BID. Especially, MBB stock increased transaction volume strongly. In view of BSC, the market index decreased and liquidity market was still low because investors are waiting for signals from the negotiation of US and China along with the high- stakes G20 meeting in today and tomorrow.

Technical analysis

MBB_Breakout

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