20170920_BSC_Vietnam Daily Review_EN_Cash flow weakened

Highlights

• The market today was quite bleak; VN-Index fell sharply at the end of the morning session but quickly rebounded in the afternoon session.

• Stocks gaining the most included BHN (+0.53 points), VCB (+0.44 points), VNM (+0.27 points), CTG (+0.23 points) and ROS (+0.1 points).

• Stocks causing the market downsize were MSN (-0.58 points), PLX (-0.42 points), SAB (-0.39 points), BID (-0.16 points) and VIC (- 0.08 points).

• The lack of information along with reducing demands had led to a sharp drop of cash flow in all sectors, focusing only on some small and medium market cap stocks with speculative elements.

• The market liquidity dropped sharply today with execution value of VND 2.938 trillion. The daily trading range was at 4.18 points. The market trend today was slightly negative with 123 gainers / 131 losers.

• Ending the trading session today, VN Index dropped by 0.07 points and closed at 805.86 points, while HNX rose 0.45 points to 105.18 points.

Market outlook

Today the market did not operate positively due to the correction of main supportive stock at the session end. This phenomenon along with the lack of information had caused the investor to be reluctant of raising their stock portfolio performance. The market cash flow also decreased and only revolved around some speculative stocks. Investors should be careful in order to await more information along with clearer market trend, however today correction session can be considered as potential profits for short-term risk taking investors.