20161118_BSC_Vietnam Daily Review_EN_Foreigners were net sellers the week

Highlight
The downward adjustment has occurred in the majority of large-cap stocks in the session that the market index cannot exceed the reference level of the session, a strong impact in VNM has fallen nearly a point to index market. Afternoon session, the decline becomes more rapid and deeper when shares ROS due to selling pressure caused the stock price pulls back on the floor price, which makes the VN-Index lost 570 points support level. However, the recovery in prices and demand of ROS has pulled the market index approaching the reference threshold at the end of trading session this afternoon, ROS price closed at 124, up 2.6% respectively. A large number of stocks rose again today may be mentioned as HSG, REE, CII, FPT. The VN-Index fell below the previous session 1.32 points to close at 673.25 points, down 0.2% respectively.

Market commentaries
VN-Index reflected somewhat less movement trend of the market, market liquidity improves from the previous trading week. Short-term support level of 670 points is still quite reliable in the last trading session of the week, however, it is still limited short-term resistance before 680 points.