20180109_BSC_Vietnam Daily Review_EN_Break out_TA_LSS_Continue to rise

Highlights
• Despite the correction at the beginning of the session, the market index quickly recovered with the key stocks in VN30.
• The leaders were VCB (+4.1 points), HPG (+1.9 points), GAS (+1.13 points), BVH (+0.98 points) and VPB (+0.8 points).
• The laggards were VNM (-1.6 points), BID (-0.57 points), PLX (-0.43 points), VJC (-0.17 points) and VCF (-0.15 points).
• Almost sectors increased sharply today such as Steel (HPG and HSG hit the ceiling price), Banks, Oil & Gas, Real Estate, Securities.
• The order matching value of VN-Index in today session reached VND 7,050.8 billion. The trading range for today was 15.7. The market was positive with 164 advancers / 124 decliners.
• Ending the trading session today, VN-Index increased 10.66 points, closing at 1033.56 points. In addition, the HNX-Index also increased 1.07 points to 122.14 points.
• Foreign investors today were net buyers of VND 179.97 billion on the HOSE, focusing on VIC (VND 61.9 billion), HPG (VND 55.1 billion), and DXG (VND 42.2 billion). In addition, they net sold VND 22.51 billion on the HNX.

Market Outlook
It continued to be a strong gaining session of the stock market. Stocks in VN30 series jumped to make the psychology of investors more excited. The increase and spillover of cashflow will be essential to help the market grow in the coming sessions. The highest order matching value in recent months has contributed to the rise of Steel, Oil & Gas, and Real estate sectors. In addition, small and medium caps stocks also reached the ceiling price today. BSC believed that this is a period of strong growth of the stock market and no signs of reversal. Investors should keep the high level of stock exposure; in addition, the IPO companies in the months before Tet are also the opportunity to consider.

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