20171107_BSC_Vietnam Daily Review_EN_ Surpassed 850 points_TA_HPG_Expected recovery

Highlights
• Vietnam stock market increase slightly.
• Leading stocks were VIC (+1.49 points), PLX (+0.58 points), MBB (+0.24 points), BHN (+0.17 points) and CTG (+0.14 points)
• Laggards were SAB (-1.18 points), GAS (-0.21 points), VPB (-0.20 points), MSN (-0.13 points) và VNM (-0.10 points)
• Trading volume increased sharply due to put-through transaction of nearly 415 million shares of VRE with the total value of VND 16.8 trillion
• The trading value of VN-Index in this session reached VND 3.049 billion. The daily trading range was 6.72 points. The market breadth was positive 137 advancers / 123 decliners.
• At the end of the trading session today, HSX increased 1.24 points, closing at 850.33 points. At the other hand, The HNX decreased 0.26 points to 104.83 points.
• Foreigners today net bought VND 5707.6 billion on the HOSE focusing on VRE (VND 5527.92 billion), BID (VND 32.95 billion), VNM (VND 28.16 billion). Same trend, they net bought VND 2.55 billion on the HNX.

Market outlook
VN-Index continued keeping the increase momentum and closed above the resistance level of 850 points. However, the excitement only took place in the morning session while tended to adjust in the afternoon. Sectors that attracted cash flow today were Real Estate, stocks with high market factors; Oil and gas sector as information from foreign oil prices are tending to support, along with a number of stocks in the Banking industry as well as small Steel stocks with matching order value increased significantly. After two gaining sessions, the market today has stabilized with liquidity still maintained at a moderate level. BSC recommends investors not to join in the market and wait for information from the APEC summit.
Technical Analysis
HPG_ Expected recovery