20161005_BSC_Vietnam Daily Review_EN_The positive support from large-cap stocks_ Company Updates - ITD

Highlight
The rising trend of the market has been maintained from the beginning to the end of today's trading session. The market has become active together with increased liquidity in the early afternoon. However, the correction has occurred in the late afternoon session due to selling pressure by large-cap stocks, but recovered in time to score at the end of the session. The uneven support for the market has focused on bank stocks, the BVH, VNM, VIC, this group has the overwhelming trend of the stock adjustment of the steel industry, shares of MSN. At closing, the VN-Index closed at 687.04 points, up 2.84 points from the previous session, corresponding to 0.42%.

Market commentaries
But there has been a positive change in market sentiment today and the market trend still depends by large cap stocks, a correction of this group may be significant impacts to most of the remaining shares in the market. Investors should note the general market risk in the coming sessions. Currently, the market has been given a new price level after successfully conquering the historical threshold of 680 last week; this is a temporary support level for the market. Investors can make increase the proportion of stocks in the portfolio when the market appears the intraday correction closer to the 680 points and decrease the proportion corresponding to a market index approaches the resistance level of 690 short points.

Company Updates - Tien Phong Technology Jsc (Hose)