20170908_BSC_Vietnam Daily Review_EN_Green outside Red inside

Highlight
• The market today witnessed a sharp increase in the index, surpassing 800 after nearly 10 years.
• Stocks contributed the biggest gainers: SAB (+2.16 points), MSN (+1.21 points), VIC (+0.71 points), GAS (+ 0.54 points), HPG (+ 0.21 points).
• The biggest losers were BID (-0.52 points), MBB (-0.23 points), VNM (-0.18 points), CTG (-0.17 points), VPB (-0.14 points).
• Market cash flow tended to fall in many stock groups, focusing on some large caps such as SAB, MSN, VIC, GAS, HPG, ROS.
• The market liquidity weakened sharply from the previous session with the matching order value of VND 2,815.4 billion. The daily trading range was at 6.18 points.
• Market breadth was negative with 109 shares increased / 147 shares decreased.
• At the end of today trading session, VN-Index gained 4.48 points, closed at 801.2 points while HNX-Index decreased 0.66% to 103.92 points.

Market outlook
Contrary to the weak demand at the end of yesterday session, VN-Index has gained strongly today in most of trading period, surpassing 800 points after nearly 10 years. However, the market liquidity weakened considerably in comparison with the recent trading sessions. The cash flow only focused on some large capital stocks helping gain index while the profit taking incurred in many stocks. BSC believes that the current market situation is not sustainable, VN-Index is likely to have some corrections next week. If this case occurs, investors can take advantage of buying good fundamental stocks that have growth potential in the last few months of the year at reasonable prices.