20161128_BSC_Vietnam Daily Review_EN_ The depth correction from the net sale of foreign

Highlight
Fairly deep correction was made up considerable selling pressure from foreign investors for large-cap stocks today. Selling pressure of foreign investors has happened to stocks like VNM (more than 2.4 million units), MSN, VIC, HPG, BVH, SKG, VCB. Currently, foreign ownership ratio for shares of VNM is in a downward trend from 48.4% to 48.1%. The weakening and liquidity spike VNM, MSN, BVH was down more than 6 points impact on corrected total of 10.58 points on the trading session the market today. Intraday market index had time pulling in 661 point mark, due to the impact of large-cap stocks and the impact of the stock decreased ROS. However, the recovery of ROS increases in score is also very surprising, given that the VN-Index rebounded from the bottom. Market index closed at 665.29 points, down 1.52% compared to last week's trading session.

Market commentaries
Foreign cash flow still massively exit the market, this is adversely affecting trading psychology of the market, the negative impact on the scores as well as the general trend of the shares.Deep correction does not only affect the large-cap stocks that widespread, and the majority of market sectors. Losing 670 points threshold, the market can be checked the area below the support level of 660 points in the short term. Investors should consider the market observed during the period corresponding to the dynamics of foreign investors as net sellers possibility cannot yet stopped.