20171207_BSC_Vietnam Daily Review_EN_Beginning of division_TA_SDI_Accumulation

Highlights
• The market continued to fall sharply, but only concentrated in some key stocks while small and medium-cap stocks continued to be active.
• The leaders were GAS (+1.22 points), MSN (+0.56 points), BVH (+0.28 points), ROS (+0.23 points) and EIB (+0.21 points).
• The laggards were VNM (-4.89 points), SAB (-2.07 points), VIC (-0.99 points), VRE (-0.78 points) and PLX (-0.78 points).
• Division occurred on the market, small and medium-cap stocks were recovering after negatively being affected by recent corrections of key stocks.
• The order matching value of VN-Index in today session reached VND 3,943 billion. The trading range for today was 21.56. The market breadth was fairly balance with 142 advancers / 132 decliners.
• Ending the trading session today, VN-Index dropped 8.99 points, closing at 938.65 points. Along with that, the HNX-Index rose 1.16 points to 114.53 points.
• Foreign investors net sold VND 180.11 billion on HOSE focusing on VNM (VND 95.8 billion), VJC (VND 37.4 billion) and VCB (VND 33.7 billion). In addition, they net bought VND 2.26 billion on the HNX.

Market Outlook
VN-Index continued to decline consecutively for the third times with the main impact of key stocks such as VNM, VIC, and SAB. The good news was that instead of fluctuating along the market, small and mid cap stocks are actively trading and attracting investors' cash flow. The evidence is that in this trading day, the number of gainers and losers was balance. However, order matching tended to weaken showing investors' hesitation of the negative trend of the market. BSC believed that the small and medium stocks which had recovered will help to stable the investor psychology. In the upcoming sessions, VN30 might recover after decreasing recently.

TA
SDI_Accumulation