20160220_BSC_Vietnam Daily Review_EN_Weak ahead-Fluctuate in an uptrend_GAS Update

Summary

The index fluctuated in a narrow range in the Friday session. The highlight today is the mutation trading value of HNG after a serie of dropping. Oil and gas stocks gaining is also the positive factor which strenghthened the market sentiment. Market breadth keeps active with numerous advances. Foreigners bought dramatically on the HSX today, while sold negligibly on HNX.

Recommendation

"Full-room shares" continues to be the focus of the market. Positive developments around these stocks is more likely to inspire the market in the coming sessions, though with decreasing amplitude. The index will fluctuate in an uptrend. Investors should consider taking profit in up sessions and recover in down sessions.

Company updates

GAS - Petrovietnam Gas Joint Stock Corp (HSX)