Daily Review

20161215_BSC_Vietnam Daily Review_EN_ Effect of the Fed is not much impact on the market

  • Date

    15/12/2016

  • Language

    Tiếng Việt

  • Number of Downloads

    21

Detailed report

Highlight
The last results of the Fed meeting this year did not greatly affect the dynamics of the market transactions. US stock markets yesterday and Asian markets today also affected by the correction, in which the S & P 500 (-0.81%), Shanghai Composite (-0.73%), Hang Seng (-1.77%), the Nikkei rose + light green holding 0.10%. Without taking the contribution of the score of the SAB, the market index is also in effect of correction today. Market movements continuous fluctuation in the session due to the price movement of VNM, when this stock weakened rapidly in the early morning, continued to fall in early afternoon trading and appeared rejoin from support of demand at the end of the session. Deep correction that VNM fell by 2.4% in price loses the support level of 130, closing at 127.6 points ahead of selling pressure from foreign investors for nearly 60% of trading volume today.

Market commentaries

Market information is not much impact on today's trading session, index volatility and liquidity of the market is almost no change compared with the previous session; on the other hand only affect the movement of the small group of individual stocks. Market size was positive as well kept as stocks rallied still more dominant. The cash flow in the short term the market is still looking for a few specific sectors in the session, when most stocks were corrected to the price more attractive and tend to recover. The caution in trading activity is necessary for investors to pressure the structure of the two ETFs in the last session, may also require the market to test the support level of 660 points.
 

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