20180103_BSC_Vietnam Daily Review_EN_Surpassed 1,000 points_TA_QCG_Buy short-term

Highlights
• The stock market continued to be positive with the large contribution of stocks in VN30. Market index officially surpassed 1,000 points
• The leaders were SAB (+3.04 points), VIC (+2.27 points), GAS (+1.5 points), VNM (+1.3 points) và MSN (+1.08 points).
• The laggards were ROS (-1.32 points), BVH (-0.3 points), BID (-0.26 points), CTG (-0.21 points) và MBB (-0.17 points).
• The leading stocks such as VIC, VNM, SSI continued to affect the market. Securities and Oil & Gas sectors rose sharply today while most of the Banking stocks were being corrected.
• The order matching value of VN-Index in today session reached VND 5,675.9 billion. The trading range was 11.8. The market was balance with 142 advancers / 149 decliners.
• Ending the trading session today, VN-Index gained 9.9 points, closing at 1,005.67 points. In addition, the HNX-Index also rose 0.32 points to 119.19 points.
• Foreign investors today were net buyers with VND 231.83 billion on HOSE, with VIC (VND 67 billion), VNM (VND 35.8 billion) and KDC (VND 32.3 billion). In addition, they net bought VND 23.56 billion on HNX.

Market Outlook
VN-Index quickly surpassed 1,000 points in today trading session, despite the correction in the afternoon session due to the Banking stocks being sold strongly. However, support from large cap stocks and especially stocks in VN30 helped the market remain advance. It is notable that there were times when VN30 overtook VN-Index, which showed investors' attention was concentrated in VN30 stocks. Cash flow was also increasing will be a very good signal for the market. BSC believed that after surpassing the psychological resistance level of 1,000 points, the VN-Index might continue to increase with positive information. Investors should also consider increasing the stock exposure in VN30 as cash inflow continues to shift into this group of stocks.

TA
QCG_Buy short-term