20161229_BSC_Vietnam Daily Review_EN_ VNM is back to lead the market

Highlight
The recovery of the VNM until today has contributed significantly to the overall momentum of the market, during the session, VNM hit 130 points, closing at 128.6 transactions, increased 2.1% respectively compared to previous session, trading volume of nearly 2 million units, of which more than 70% of trading volume comes from foreign investors. The decrease of 2 new shares for listing recent large as SAB, NVL has reduced overall scores in the session, at the close, market demand put NVL increased slightly, large volume 3.2 million shares, which is more than 70% of trading volume of NVL  also came from foreign investors. Most major stocks have increased slightly with improved liquidity; have maintained a positive momentum in the session, and effects also spread to stocks with smaller market capitalization in the demand at the region of the low prices. At the close, VN-Index closed near the resistance of 665 points, closing at 664.72 points, up 1.22 points from the previous session.

Market commentaries
Most of the large-cap stocks and VN30 are in the process of bottoming and recovery from the bottom, this may stimulate the demand to support the market. Market trend remains sideways until exit price range 664-669. Investors can participate in the exploration of the underlying shares, the large-cap stocks that are in the process of bottoming in the attractive prices and are accompanied stable liquidity transactions, this will support the market the last trading session of the year.