Daily Review

20171229_BSC_Vietnam Daily Review_EN_Year-end session_TA_DXG_Continue to rise

  • Date

    29/12/2017

  • Language

    Tiếng Việt

  • Number of Downloads

    11

Detailed report

Highlights
• In the last trading session of 2017, the stock market showed very positive signals, however, the sell pressure in the late afternoon has made the market slow down.
• The leaders were VNM (+4.34 points), GAS (+3.93 points), VIC (+3.7 points), VCB (+2.4 points) and ROS (+1.68 points).
• The laggards were EIB (-0.11 points), KDH (-0.09 points), TCH (-0.09 points), CMG (-0.08 points) and NVL (-0.07 points).
• The Oil & Gas sector has corrected today after increasing strongly. In addition, the division took place in almost all sectors
• The order matching value of VN-Index in today session reached VND 5,022.6 billion. The daily trading range was 13.77 points. The market breadth was positive with 160 shares increased / 119 shares decreased.
• Ending the trading session today, the VN-Index gained 7.52 points, closing at 984.24 points. In addition, the HNX-Index also increased 0.45 points to 116.86 points.
• Foreign investors today were net buyers of VND 1109.15 billion on HOSE, focusing on MWG (VND 627 billion), HPG (VND 139.4 billion) and VRE (VND 83.5 billion). In addition, they net bought VND 23.5 billion on the HNX.

Market Outlook
The last trading session of 2017 was quite exciting. The stocks in the VN30 group increased sharply in most of trading time and only slightly corrected in the late afternoon. After confirming the market trend, the cash flow of investors has returned, the order matching volume was pushed up and concentrated in stocks with large market capitals such as MWG, DXG, VRE. BSC believed that in the short and medium term, investors should restructure their portfolio and focus on stocks with good results in Q4. In addition, 2018 will be a strong year for the stock market when the macro picture is very positive and foreigners will also pour money into the Vietnamese market.

TA
DXG_Continue to rise
 

icon BSC Trading icon BSC Smart Invest icon Online Support
Less
Short link