20170922_BSC_Vietnam Daily Review_EN_Index getting back

Highlights
• The last trading session of this week was quite positive with the significant recovery in main stocks.
• Stocks that helped the market gained most: ROS (+1.3 points), VJC (+0.71 points), GAS (+0.29 points), MSN (+0.28 points) and MWG (+0.27 points).
• Stocks that held the market up: CTG (-0.28 points), BID (-0.26 points), VCB (-0.22 points), VNM (-0.13 points) and MBB (-0.1 points).
• Market liquidity improved for most stocks, in which, stocks gained the most in liquidity were VJC, DXG, MWG, ACB.
• Banking stocks (except for ACB) didn’t receive positive returns as expected, whereas Real estate & Construction sector continued to have divergence.
• Market liquidity rose sharply with the matching value of VND 3,350.3 billion. Daily trading range was 4.22 points. Market breadth was fairly balanced with 134 gainers / 131 losers.
• At the end of today trading session, the VN Index gained 3.2 points (0.4%), closing at 807.13 points, HNX gained 0.77 points (0, 72%) to 106.52 points.

Market outlook
After two fairly bleak sessions, the market had a good trading day with a rise of Blue chip stocks. Although the market index had recovered, mainly due to the impact of some key stocks, the liquidity had increased but there were no widespread effects and only focused on some aforementioned stocks. Investors should wait for the positive improvement of liquidity for majority of stocks as well as sectors in the upcoming sessions, limit participating and buying up of stocks when the cash flow has yet healthy.