Daily Review

201700210_BSC_Vietnam Daily Review_EN_ Gas and Oils stock recovered at the last session of the week

  • Date

    10/02/2017

  • Language

    Tiếng Việt

  • Number of Downloads

    11

Detailed report

Highlight
This increasing session occurred thanks to recovery from GAS stock and banks group stock today. Although pressures, from acquiring profits for short term of some industries, occurred at this afternoon session, but demand force is positive until the end of the session. While high growth market groups such as Metal, Real Estate had adjusting indications today, rubbers, gas and oil industries increased again. Market liquidity is stable and cash flow rotates between market groups and stocks according to the capitalization scale. At the end of this session, VN-index closed at 703.78 point, increasing by 3.13 point, a stable movement beyond the accumulation of 700 point, market liquidity reached VND 2704 billion trading value today.

Market commentaries
Recovery from some supportive stocks made the general market index move positively, moreover, a stabilize market liquidity also caused a positive trading psychology at the last session of the week. The accumulation above the 700 support point are maintain, which creates opportunities for market index reaching the resistive point of 710 once more time in the upcoming sessions, when supportive stock group stands before its short resistive points.
 

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