20171108_BSC_Vietnam Daily Review_EN_ Continued to rise_TA_ SSI_Short-term bottom

Highlights
• The stock market continued to have a strong increasing session with a large contribution from the VN30 stocks
• Stocks that gained the most included VIC (+3.38 points), GAS (+1.59 points), VCB (+1.43 points), VNM (+1.32 points) and BID (+1.16 points).
• Stocks led the market down including ROS (-0.66 points), MSN (-0.13 points), EIB (-0.09 points), NVL (-0.07 points) and CII (-0.04 points).
• Sectors that helped the market increase were Banks, Real Estate, Fertilizers. While  Oil & Gas and Transportation were divising
• The matching order value of VN-Index today reached VND 3,926 billion. The daily trading range was 10.75 points. The market was positive with 144 advancers/125 decliners.
• VN-Index jumped 9.37 points to close at 859.7 points. Along the trend, the HNX increased 0.91 points to 105.74 points.
• Foreigners today were net buyers with VND 16.05 billion on HOSE focusing on VNM (VND 102.2 billion), TRA (VND 46.5 billion) and BID (VND 33.1 billion). Similarly, foreigners were net buyers of VND 30.14 billion on the HNX focusing on PVS (VND 22.5 billion).

Market outlook
The market was in an unpredictable phase as the amplitude fluctuated in the session is gradually widening, although there was a correction at the todayof the morning session, but the market index continued to accelerate in the afternoon (there was a time when VN-Index surpassed 860 points). Today's highlight was the Banking stocks when there was a significant increase in the index and matched order value. In addition, the cash flow is recovering in the Steel industry, some Real estate stocks and especially large cap stocks such as VNM, VJC, and FPT. The VRE shares continued to be bidden at the ceiling price also has a relatively positive impact on investors’ sentiment. With the rebound of cash flow and the support from the large-cap stocks, it is likely that the market will continue to move towards new highs, but investors should limit their participation in speculative stocks when the current cash flow is clustered and has not spread yet.

Technical Analysis
SSI_Short-term bottom