20170918_BSC_Vietnam Daily Review_EN_Continuing uptrend

Highlights
• As soon as the market opened, VN-Index increased sharply but then there was a correction, the market just continued fluctuating around 808 points.
• The biggest gainers included SAB (+0.9 points), CTG (+0.52 points), VNM (+0.45 points), HPG (+0.31 points) and ROS (+0.12 points).
• The biggest losers included PLX (-0.65 points), VCB (-0.43 points), NVL (-0.33 points) and BVH (-0.12 points).
• Cash flow also went to Construction and Building materials, Banking, Steel, and Oil & Gas industry, however there continued to be a division in the real estate industry.
• Market liquidity continued with the rule that after the gaining session, there will be a downward trend, the order matching value reached 3,549.4 billion at the end of today trading session.
• The daily trading range was at 4.02 points. The market was fairly active with 155 gainers / 106 losers.
• At the end of today trading session, VN-Index gained 2.05 points (0.25%), closing at 807.87 points, and HNX also gained 0.65 points (0.62%) to 105.13 points.


Market outlook
Market today was quite active with gains in most sectors, from bluechips to market stocks such as FIT, HAR, KLF, HII, etc. VN-Index continued to reach higher level, but at the end of the session, profit-taking pressure reduced the momentum and caused the index to drop below 808 points. The market has been quite excited in recent sessions, yet investors should consider the fact that foreign investors were net sellers in both stock exchanges because this might adversely affect investors’ sentimental as well as general trend of the market.