20170111_BSC_Vietnam Daily Review_EN_ Improving liquidity and access to 690 points

Highlight
SAB rose again and support the market index during the trading session today. Market liquidity improved and market indicators are positive at the end of the session when the money market back stronger for some stocks and banking group and almost of VN30 stocks. In afternoon trading, many large-cap stocks have soared with the support of the transaction volume, regardless of CTG (+ 4.7%), GMD (+ 4.6%), NT2 (+ 3.3%), BID (+ 3.1%) and the recovery of stocks VNM, GAS, VIC. BID has been dealing with huge trading volume nearly 7.3 million shares and the overall market leader. These new factors such as DAH, PHR, VMAX, PAC rapid growth with mutations of trading volume, in the opposite direction,  stocks with low price are still in the process of correction  depth and greater trading volume as HAG, HQC, DHM, FIT, HHS, CDO ... Closing the session, the main impact of SAB shares, banking groups and large-cap stocks give the market rise 6.09 points to close at 687.16 points, approaching the resistance at 690 points.

Market commentaries
Market liquidity improved again in terms of trading value and the value of transactions today. Although liquidity is lower than the trading session of the beginning of this week on the value but there is spread to stocks in terms of market capitalization and industry factors. Market size was positive with gainers number prevails. The cash flow of the market is heading mainly to the basic stocks and exit speculative stocks and low market prices. Market index moves t in the safety zone, the technical indicators remains positive shown uptrend of market index in both short- and medium-term. 680 thresholds is still a reliable support level, the market index is approaching the peak levels of 8 years 690 points. Investors should rotate transactions underlying stocks, but also the ability to raise prices, the opportunity to lower the portfolio when the overall market approaches the resistance level of 690 points, and limited participation of speculative stocks  in the process of deep correction.