20171114_BSC_Vietnam Daily Review_EN_Slightly increase_TA_VCB_Advancing

Highlights
• VN-Index climbed to a new peak of 880 points due to the blue color of large-cap stocks.
• Leading stocks were MWG (+0.75 points), CTG (+0.70 points), VCB (+0.54 points), VRE (+0.47 points) and BID (+0.45 points).
• The stocks that made the market fall were VNM (-2.46 points), SAB (-0.48 points), MSN (-0.44 points), BHN (-0.26 points) and LGC (-0.11 points).
• Liquidity remained high today. In addition, banking group kept the green color in most stocks today.
• The trading value of VN-Index in this session reached VND 5,051 billion. The daily trading range was 9.4 points. The market breadth was positive with 126 advancers / 150 decliners.
• At the end of the trading session today, HSX increased 1.56 points, closing at 880.90 points. Same trend, the HNX increased 0.28 points to 107.06 points.
• Foreigners today net bought VND 135.22 billion on the HOSE focusing on VNM (VND 157.7 billion), VJC (VND 54.5 billion), HSG (VND 34.3 billion). Same trend, they net bought VND 20.67 billion on the HNX.
 

Market outlook
In this trading day, despite the pressure from VNM, the VN-Index has surpassed 880 points thanks to the support of big stocks. Today's point is the rise of the banking sector. The liquidity improved, however, focused on recent bulls such as VNM and VRE. The score was high, the price movement was mainly in large caps and the VN30 pulled the weakness in other sub-bands, which made the opportunities unclear. Therefore, investors should limit their participation in speculative stocks in this period.
 

Technical Analysis
VCB_advancing