20170227_BSC_Vietnam Daily Review_EN_ A positive session

Highlights
Today’s market experienced a more favorable point, however market liquidity became weaker, compared to that at the end of previous week. Although  investors’s trade occurred in cautious mentality, three indexes got a bullish trend when the session ended in the afternoon, such as: VN Index increased by 2.97 (+0.42%) whereas HNX Index and Upcom Index went up by 0.55 (0.63%) and 0.42 (0.75%), respectively. The major contributors to the morning session were BCs, like CTG, FPT, GAS and the recovery of point and liquidity in the afternoon one of VCB, VIC helped the market index come back to accumulation area above 715, approaching the resistance level at 720. The cash flow continued selecting Construction & Real Estate stocks like ROS, FLC, HAG, NVL, DXG. The big trading volume focused on FLC, HAG and HQC, getting 28.2 million, 13.48 million and 13 million, respectively. Banking, Securities, Fertilizers, Rubber and Technology shares were in recovery trend. On the contrary, Steel, Energy, Oil, Mineral group were in correction . VN Index closed at 717.44, implying a 2.97 increase. The liquidity in the session saw a drop, reaching VND 3,041 billion in value.

Market commentaries
Today, the market has a rebound session at the beginning of the week. Market liquidity decreased and thus, the cash flow became less diluted. Investors has focused their investments on small market group. BCs maintain their united movement, however, the small capitalization stock attract cash flow during the session. BSC forecast the market to continue fluctuating within a safe margin of 715 to 720 tomorrow, and we recommend investor to maintain their portfolios and acquire their profits when the market moves close the 720 point.