20171123_BSC_Vietnam Daily Review_EN_Flutuating session_TA_HT1_Recovered

Highlights
• VN-Index fluctuated sharply and slightly increased to 933.70 points.
• Leading stocks were CTG (+1.47 points), VJC (+0.66 points), VIC (+0.49 points), MBB (+0.34 points) and VRE (+0.28 points).
• Laggard stocks were GAS (-1.51 points), PLX (-0.68 points), BID (-0.51 points), SBT (-0.18 points) and VCB (-0.14 points).
• In the middle of the afternoon, the strong profit-taking pressure caused VN-Index to fall below the reference level. However, the demand was quite strong, causing the index to quickly recover.
• The trading value of VN-Index in this session reached about VND 4,648 billion. The daily trading range was 16.15 points. The market breadth was balanced with 145 advancers / 129 decliners.
• At the end of the trading session today, HSX increased 1.04 points, closing at 933.70 points. Similarly, the HNX increased 0.89 points to 110.18 points.
• Foreigners today net sold VND 57.1 billion on the HOSE focusing on NVL (VND 154.4 billion), DIG (VND 42.7 billion), VIC (VND 29.8 billion). In contrast, they net bought VND 7.49 billion on the HNX.

Market Outlook
It is expected to be a strong gaining session of the stock market thanks to the support from the Banking sector, especially CTG, VCB, MBB and Oil and Gas Sector (when the world oil price increases significantly) pulling up VN-Index surpassed 940 points. However, profit taking pressure at the end of the afternoon session made the market shake sharply which fell below the reference price. Cash flow is still around sectors with market factors such as Banking and Securities and some large stocks, but not really spread to the market. In general, after several consecutive gaining sessions, the cautiousness is gradually appearing in the psychology of investors, but the market liquidity is still maintaining in high level will be a strong psychological support when demand still exists. Investors should observe the market carefully caused in the next session, there may be strong shaking movements, the timing for buying / selling stocks is very important.

Technical Analysis
HT1_Recovered