20171019_BSC_Vietnam Daily Review_EN_Shaking

Highlights
• The market index had recovered slightly despite the decline of many blue chip stocks.
• The top leaders were ROS (+1.59 points), GAS (+0.60 points), MWG (+0.42 points), BHN (+0.42 points) and PLX (+0.25 points).
• The top laggard were SAB (-0.88), HPG (-0.36 points), MBB (-0.34 points), MSN (-0.32 points) and VCB (- 0.28 points).
• VN-Index advanced thanks to the support from FLC and Oil & Gas and Steel stocks. Meanwhile, stocks in the banking and securities sectors declined.
• The trading value of VN-Index in today session reached VND 3,511 billion. The trading range was at 6.11 points today. The market breadth was slightly negative 124 gainers / 142 losers.
• After today trading session, VN-Index recovered slightly 1.21 points and closed at 828.93 points. In contrast, the HNX slipped 0.34 points, closing at 109.08 points.

Market outlook
Market had experienced certain fluctuations today. There were still many factors influenced the market such as APC (fell to the floor when it opened up, then rose to the ceiling with strong gains), DGW, DHA; HPG continued to be under selling pressure to reduce the floor price but thanks to the good fundamentals, the attention for this stock was remaining leaded to strong buying power ATC had held tally for VND 600 decline while other steel stocks had relatively positive trading days. Cash flow increased again for speculative stocks, some large cap stocks, but weak cash flow in Banking, Construction, Securities, and most of remaining stocks in the market. Although successfully tested the resistance level 830 points, the VN-Index had not really risen, with the liquidity weakened, it is likely that the market will continue to fluctuate in the last trading session of the week. Investors should balance stock proportion to adapt easily with the trend of the market.