20161007_BSC_Vietnam Daily Review_EN_Correction in the last session

Highlight
Trading psychology has recorded a less excitement on Friday, while trading volume was weaker than the previous trading session. The market has shown a weakness in terms of liquidity as well as scores during today's trading session.
Market index fell below the threshold referenced in the early session and has maintained this trend until the end of the afternoon session; the market has had time to examine the short-term support to the region and then recovered light at the end of the session.
Among large-cap stocks that have impact on the correction of the market today, these shares as HPG, VNM and bank stocks were kept deep correction, pressured than 2.5 point in the downward trend of the market index. In stark contrast, there has been a significant effort by VIC recovery, the group's positive Gas and Oil as symbols GAS, PVD, has contributed to the rise of 0.6 points over the market. At the close, the market index closed at 683.95 points, down 3.37 points against the previous trading day, down 0.49%.

Market commentaries
Access to the support level of 680 may be necessary for the market at the present time when the market has not found the motivation to conquer the threshold of 690 points during the week. However, we still consider this as an opportunity for investors to be able to increase the proportion of stocks in the portfolio for the good fundamental stocks on earnings prospects as well as last year, while in prices discount to the overall market. In the next week, the market can clearly identify trends, market promotion conquer resistance at 690 points and get closer resistances 70; while the positive news of the macro&market, and the world news that still supports this trend.