20160908_BSC_Vietnam Daily Review_EN_Active trading at closing

Highlight

VN-Index gained slightly and moved around 664 points before accelerating in the afternoon due to the rise of VNM and bullish reversal of a number of key stocks. Closing the trading session today, VN-Index rose 4.79 points to 666.07 (+ 0.72%), the HNX-Index also rose 0.47 points to 84.69 (+ 0.56%), total trading volume on two exchanges was approximately 168 million shares equivalent to nearly VND 3600 billion. Two shares of Thanh Thanh Cong which are BHS and SBT had spiked volume, in which BHS went ceiling. These shares were favored by investors today still are the groups of steel, real estate and construction, technology such as FPT, VIS, HSG, HPG, NKG, HUT, VIC, CTD. Pharmaceutical Group continues to soar with DMC and DHG strongly increased.

Recommendation

The recovery of the key stocks today createed positive effects to the majority of stocks in the market. GAS, VNM, VIC, HPG, FPT, BID, MSN contributed about 75% points increase over the intraday market. 18/20 sectors rebounded, especially Technology and Energy group which has better performance compared to other industries. Liquidity improved clearly from the previous session. Market is expected to continue positive movement in the next session. Investors who are holding portfolio of steel, construction, constructional material and real estates can keep these portfolio to benefit from market movement, also can observe stocks in reallocation plan of ETFs when they are back to reasonable price.