20171113_BSC_Vietnam Daily Review_EN_Highly advance_TA_ CTG_Breakout

Highlights
• Opening the trading session, the VN-Index increased with the main factor still being from large stocks.
• Stocks that increased the most included VNM (+5.85 points), VIC (+2.59 points), VRE (+2.15 points), GAS (+1.95 points) and BID (+0.45 points).
• Stocks led the market down including PLX (-1.27 points), VPB (-0.43 points), HPG (-0.34 points), MBB (-0.34 points) and BHN (-0.26 points).
• Although no longer explosive like the last weekend but the attractiveness of VNM is still very large, along with VIC and VRE. Industry segments are still undergoing strong divisions.
• The trading value of VN-Index today was VND 4,619 billion. The trading range for today was 7.64 points. The market breadth was negative with 110 gainers/168 losers.
• At the end of today session, VN-Index gained 11.13 points, closed at 879.34 points. Along the trend, the HNX increased 0.41 points to 106.79 points.
• Foreign investors today were net buyers of VND 243.76 billion on HOSE, VNM (286 billion), VJC (28.9 billion), and BMP (28.2 billion). Similarly, foreigners were net buyers of VND 3.75 billion on the HNX focusing on PVS (VND 3.2 billion).

Market outlook
The stock market opened the first trading day with a burst of VN-Index, in which support continued from VNM, VIC and VRE. The effect of auction VNM stocks continued to have a positive impact on the stock market as SCIC's divestment stocks increased to the ceiling price today. In addition, the successful APEC summit also brought a lot of prospects for the market. Another positive signal is that although VNM's liquidity has decreased significantly compared to the last trading day of the previous week, the transaction value of the market has been maintained showing the psychological comfort as well as the expectations of the increase in market index of investors. BSC noted that with the current cash flow and the support as recent, the market index will continue to reach new heights, however, investors should be cautious that although the market is in the phase of increasing, but cash flow is concentrated in the stocks having large capitalization and gradually weakening in the small and medium stocks, as evidenced by the increase of record, number of red stocks are still dominant.

Technical Analysis
CTG_Breakout