20171101_BSC_Vietnam Daily Review_EN_Recovery

Highlights
• Vietnam stock market after the yesterday decline session, today has recovered well.
• Leading stocks were ROS (+2.59 points), VNM (+2.27 points), GAS (+1.12 points), BID (+0.73 points) và SAB (+0.32 points)
• Laggards were HPG (-0.77 points), DHG (-0.27 points), PLX (-0.2 points), MWG (-0.19 points) và VPB (-0.18 points).
• Today session, Petroleum and banking stocks increased while real estate fell sharply
• The trading value of VN-Index in this session reached VND 3.215 billion. The daily trading range was 5.6 points. The market breadth was negative 108 advancers / 159 decliners.
• At the end of the trading session today, HSX increased 5.43 points, closing at 842.71 points. At the other hand, the HNX decreased 0.18 points to 104.98 points.
• Foreigners today net bought VND 234.14 billion on the HOSE focusing on VNM (VND 114.8 billion), KDH (VND 106.82 billion), HBC (VND 30.13 billion). Same trend, they net bought VND 10.44 billion on the HNX.

Market outlook
The market index today increased. Petroleum and banking stocks had a positive trading day which helped VN-Index rise more than 5 points to return above 840 points. Market liquidity slightly increased compared to yesterday, cash flow was concentrated in large-cap stocks. The market increasing was still up on major stocks, while other stocks continued to weaken. There are still potential risks in the next period. We recommend investors to be cautious, continue to monitor the market and limit transactions to wait for more obvious opportunities.
 

Technical Analysis
HBC_Bottom level