20170915_BSC_Vietnam Daily Review_EN_Liquidity recover

Highlights
• The VN-Index had a decline session, however, not large, possibly due to the profit-taking pressure as well as waiting for activities of two ETFs from investors.
• The biggest gainers including NVL (+0.73 points), GAS (+0.3 points), DHG (+0.18 points), HPG (+0.14 points) and ROS (+0.13 points).
• The biggest decliners including VCB (-0.33 points), BID (-0.26 points), VIC (-0.2 points), VNM (-0.13 points).
• Cash flow tended to increase in most of ETF's structured stocks and some industries such as Plastics, Mining, Foods.
• Some sectors still performed well compared to the general market such as: Securities, Construction and Building Materials, Textiles, Agricultural.
• Cash flow had not been positive for bank shares and diversification for real estate stocks.
• The market liquidity today increased again with the matched order value of VND 3,706.2 billion. The daily trading range was 3.74 points. The market breadth was fairly balanced with 130 gainers and 129 losers.
• Ending today session, VN-Index slightly decreased 0.5 points to close at 805.82 points, HNX slightly increased 0.1 points to 104.49 points.


Market outlook
In today's session, the market index shook so many times and did not show a clear trend. Today is a trading day of ETFs, cash flow was allocated into sectors rather than focused on the leading stocks, due to investors is probably waiting for a list of quarter III / 2017. Today's decline may be just a technical correction because the index fell slightly and market liquidity continued to increase, investors can take advantage of this chance to increase the stock exposure with good liquidity at lower prices.