20170926_BSC_Vietnam Daily Review_EN_Recover at session end

Highlights
• In the morning session, the VN-Index continued its strong decline and penetrated the support level of 802, however, the index recovered gradually in the afternoon.
• The most gainers included GAS (+0.59 points), MSN (+0.5 points), VIC (+0.32 points), VCB (+0.16 points) and STB (+0.11 points).
• The most losers were ROS (-1 point), SAB (-0.67 points), VJC (-0.27 points), PLX (-0.17 points) and BVH (-0, 1 point).
• Cash flow today has shown recovery signals in the real estate, fertilizer and technology sectors, while differentiation is taking place at the banking, steel and securities sectors.
• The trading value today reached VND 3,221.6 billion. The trading range for today was 5.18 points. The market was slightly negative today with 122 gainers/ 147 losers.
• At the end of today trading session, VN-Index slightly decreased 0.23 points at 805.35 points, whereas HNX continued to increase by 0.57 points to 107.91 points.


Market outlook
Although downward is the general trend in most speculative stocks, the recovery in some banking, oil & gas, real estate, logistics-seaport-warehouse stocks were attracted market in the session. Today correction pattern helped the market to improve liquidity, while VN-Index has fluctuated in a narrow range in recent sessions. Investors should not participate in short-term cash flow attracted stocks, preventing T+ risk while market liquidity had yet recovered and widespread. The market is performing in relatively safe range with the reliable support level of 802 points.