20161021_BSC_Vietnam Daily Review_VN_ Narrowing of correction

Highlight
The index fluctuated intraday market volatility has made in a narrow range compared with the previous session. The shares of VNM, BVH has controlled the market trend today; however, the rise of the index was unable to sustain VNM in the morning, VNM weakness then caused the VN-index significant volatility, and market indicators have recovered when touches the line MA (15).
The rising trend of ROS is still going on, on the other hand, a large number of stocks rising again, noting the uptrend back towards Securities sector, Seafoods sector and diligence of shares HSG. Pharmaceutical group, Building sector and Construction materials sector fell the lowest-performing market, and the Bank Group continues to decline. Ending the trading session, the VN-Index was lower by 1.56 points, respectively 00.23% decrease from the previous session, reaching 684.83 points.

Market commentaries
We believe that the market is likely to return to conquer the short-term peak 690 points in the next session, the last session correction is needed to help narrow the movement  regional of market around 685-690 points. Investors can participate in those stocks which are basically stable trading week when the market index successfully conquers resistance at 690 points and the market demand rebounded.