20171128_BSC_Vietnam Daily Review_EN_Slowdown Momentum_TA_ PVD_Rebounce

Highlights
• The market today has witnessed a slight shake, price of the most key stocks fluctuated around the reference level.
• The most increasing stocks were SAB (+4.1 points), MSN (+0.87 points), VJC (+0.56 points), VCB (+0.41 points) and NVL (+0.28 points).
• The stocks that made the market fall were GAS (-0.94 points), VRE (-0.93 points), PLX (-0.44 points), CTG (-0.42 points) and BID (-0.26 points).
• SAB, thanks to the information of divestment of Ministry of Industry and Commerce, increased sharply during ATC session.
• The transaction value of VN-Index in this session reached VND 6,659 billion. The trading range was 9.86 points. The market breadth was slightly negative with 128 gainers / 148 losers.
• At the end of today trading session, VN-Index gained 2.6 points, closing at 941.21 points. In contrast, HNX-Index closed down 0.53 points at 111.5 points.
• Foreign investors today were net buyers of VND 1,189.17 billion on HOSE, focusing on DIG (VND 1,086 billion), VJC (VND 41 billion) and VNM (VND 28.8 billion). In addition, they net bought VND 25.3 billion on HNX.

Market Outlook
Today's market is showing signs of slowing down after many significantly increase sessions and focusing on some stocks. DIG was the most active stock today when it hit the ceiling price with the transaction value up to VND 2,468 billion with the Ministry of Construction's divestment information. In addition, another similar stock was SAB after the Ministry of Industry and Commerce announced their share offering. After fluctuating around the reference level, SAB rose more than 5% during the ATC session and contributed 4.1 points to the market index. In the opposite direction, Bank was the most loss sector today (except for VCB, all other stocks declined or closed at the reference level), followed by the correction of the Oil and Gas sector, meanwhile the division is taking place on a large scale. BSC believed that, if the transactions of DIG and SAB are ignored, the overall sentiment of the market is quite gloomy, but it was reasonable that the stock price was pushed up fairly high. In general, the opportunities of investors are still remained when the cash flow is just beginning to return to the stock market.

Technical Analysis
PVD_Rebounce