20180102_BSC_Vietnam Daily Review_VN_2018 Boom_TA_BHN_Continue to rise

Highlights
• Although the market index shook slightly in the morning but the market has recovered and increased strongly in the afternoon session
• The leaders were BID (+1.92 points), VNM (+1.57 points), MSN (+1.43 points), VPB (+1.29 points) và CTG (+1.04 points).
• The laggards were ROS (-2.16 points), GAS (-1.5 points), PNJ (-0.14 points), BIC (-0.11 points) và LGC (-0.1 points).
• Banking sector had a new year's boomed session. Besides, stocks in VN30 also increased significantly such as KDC, CII, FPT.
• The order matching value of VN-Index in this session reached VND 5,117.8 billion. The trading range was 11.84 points. The market was positive with 160 shares increased / 125 shares decreased.
• Ending the trading session today, the VN-Index gained 11.53 points, closing at 995.77 points. In addition, the HNX-Index also rose 2 points to 118.87 points.
• Foreign investors today were net buyers of VND 224.6 billion on HOSE, focusing on MSN (VND 59.9 billion), BID (VND 37.3 billion) and HPG (VND 35.7 billion). In addition, they net bought 33.22 billion on the HNX.

Market Outlook
The stock market had a booming session with Banking sector as the main factor with strong gains (BID 5.9%, MBB 4.5%, VPB 5.6%). In addition, cash flow of investors was poured into the group of Aviation, Steel and stocks in the VN30, making the market index strongly increased. On the other side, Oil & Gas sector was undergoing a major correction after the sharp increase by the end of 2017, beside, division was taking place in other sectors. BSC believed that the VN-Index was approaching 1,000 points with strong and stable gaining session. Investors should focus on the key stocks which is the main factor contributing to the momentum of the market.

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