20161102_BSC_Vietnam Daily Review_EN_ Risks are rising

Highlight
Market sentiment in today's session has not been able to more positively since the beginning of the week. The market index cannot maintain the current support area 675 points, weakened rapidly in afternoon trading reach the support level of 670 points to close at 671.40 points, down 5.2 points from the previous trading session, respectively fell 0.77%. Most large-cap stocks fell in the afternoon session, reduced to the point of impact and the market movement trend of the majority of shares in the market. Large-cap stocks including VCB, VIC, VNM, GAS, BVH, HPG, and the group of banks contributed nearly 4 points corrected. Meanwhile, the symbol ROS is still single factor contributing for the market gains to close 1.4 points.

Market commentaries
The decrease of 670 points near the support level has led VN-Index lost over the medium term uptrend. The VN-Index closed below the MA (45) and trend line connecting points market bottom forming earlier this year. Market risk may increase could cause the index to adjust the lower support areas, the nearest around 660 points. Technical indicators continued downward trend towards oversold, the market index movement in riskier areas.
Before the wane, and the risk increases when market index could not hold in the medium-term uptrend. Investors restrict trading activities as well as acquisitions at low prices if the market downtrend of lower support levels, waiting for market recovery signals as well as the results of the session announced the Fed's interest rate can affect the trend of the upcoming foreign cash flows.