20171106_BSC_Vietnam Daily Review_EN_Spreading the increase_TA_PVT_Accumulating

Highlights
• At the beginning of the first trading session of the week, a series of stocks increased, making the index increase more than 5 points.
• Leading stocks were VNM (+1.59 points), GAS (+1.12 points), CTG (+0.95 points), VCB (+0.84 points) and BID (+0.60 points).
• The stocks that made the market fall were ROS (-2.55 points), PLX (-1.22 points), SBT (-0.22 points), VPB (-0.16 points) and TRA (-0.15 points).
• The rise of the market not only focused on a few groups but also spread into other sectors such as oil and gas, insurance.
• The put-through value increased sharply with a large contribution of TRA (VND 2,352 billion)
• The trading value of VN-Index in this session reached VND 3.015 billion. The daily trading range was 5.33 points. The market breadth was strongly positive with 197 advancers / 77 decliners.
• At the end of the trading session today, HSX significantly increased 5.36 points, closing at 849.09 points. Same trend, the HNX increased 0.73 points to 105.09 points.
• Foreigners today net bought VND 40.84 billion on the HOSE focusing on NT2 (VND 14.45 billion), VNM (VND 12.1 billion), HPG (VND 10.9 billion). Same trend, they net bought VND 4.32 billion on the HNX.

Market outlook
The first trading session of the week was relatively positive with a large increase in term of index. Particularly, the most contributors were stocks with large market capitalization and some good fundamental stocks recovering after many corrected sessions such as HBC, MWG, and PNJ. However, the liquidity of the market has not increased, reflecting the cautiousness of investors. In general, cash flow today rotated in the sectors and focused on the oil industry as well as a number of individual stocks. With strong support from Blue-chips, VN-Index is heading to the next higher and short-term threshold is the resistance level of 850 points. However, investors are advised not to buy stocks at high prices as the liquidity is kept at an average level.

Technical Analysis
PVT_Accumulating