Daily Review

20160213_BSC_Vietnam Daily Review_EN_ Foreigners still buying VNM

  • Date

    13/12/2016

  • Language

    Tiếng Việt

  • Number of Downloads

    23

Detailed report

Highlight
Market trend is not significantly different from the previous trading session, the market rose slightly in early morning and declining until the end of the session, however, the level of correction is greater in terms of scores in the session today and the correction has occurred on a large scale on the two floors. SAB have steadily increased the ceiling, contributing to market index more than 3 points, though large-cap stocks, VNM, ROS, GAS and banking groups fell sharply, causing the market index decrease 5.04 points, lost the support level 655 point,  close at 654.66 points, down 0.76%.


Market commentaries
Although the market is still affected by adjustments from large-cap stocks, but short-term cash flow seemingly is starting to go back the market for some specific sectors as mentioned  today. Besides, the trend of net selling volume of foreign investors is also decreasing and acquisitions for a large number of shares, this is also a positive signal. Before the pressure of portfolio restructuring of the two ETFs, investors should be cautious in joining the market for large-cap stocks are in the process of bottoming and create new accumulation platform, for those stocks which are the return of foreign investors as well as particular sectors are attracting short-term cash flow.

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