20171002_BSC_Vietnam Daily Review_EN_Liquidity reach the bottom

Highlights
• The VN-Index opened the first trading day of the week with positive performances but similar to the recent trading sessions, the market corrected right after that.
• The biggest gainers were BHN (+0.66 points), GAS (+0.24 points), BID (+0.11 points), ROS (+0.1 points) and MWG (+0.09 points).
• The biggest losers were SAB (-0.39 points), PLX (-0.38 points), VNM (-0.31 points), BVH (-0.3 points) and VIC (- 0.16 points).
• The indexes continued to be supported by the steel sectors and BHN; on the other hand, there were corrections in other groups. The decline of Blue-chip stocks along with the selling pressure forced the market turning red.
• The trading value of HSX was VND 2,125.6 billion, the lowest since the beginning of February. The daily trading range was 6.39 points. The market breadth was strongly negative today with 102 gainers / 185 losers.
• At the end of today session, the VN-Index lost 2.19 points, equivalent to -0.27%, closed at 802.23 points. The HNX lost 0.14 points, equivalent to -013% to 107.51 points.

Market outlook
The market kept its uptrend in the first trading session of the week despite the blue-chip stocks showing signs of gaining points at the open but the cautiousness of investors caused the index to decline quickly. The highly speculative stocks were also negative affected such as FIT, KLF (two stocks hit the floor for 5 consecutive sessions), HAI, HAR. Current cash flow is very weak, to the lowest level in the last 8 months, investors should restrict their participation in buying short-term attracted cash flow stocks while the general trend of the market is correction, in consideration of general market corrections in the upcoming sessions.