20180116_BSC_Vietnam Daily Review_EN_Fluctuated stock market_TA_ VJC_Sky hight

Highlights
• The stock market continued to shake sharply during the trading session, selling pressure increased sharply in recent days, causing stocks to fall sharply.
• The leaders were GAS (+0.91 points), HPG (+0.78 points), CTG (+0.68 points), BID (+0.5 points) and PLX (+0.24 points).
• The laggards were VIC (-1.16 points), ROS (-0.57 points), VRE (-0.49 points), SAB (-0.35 points) and STB (-0.28 points).
• Division was taking place in most groups of industries. However, the highlight in trading session was HAG and HNG increased strongly and reached the ceiling price
• The order matching value of VN-Index today reached VND 6,992 billion. The trading range was 12.96 points today. The market breadth was negative with 116 advancers / 165 decliners.
• Ending the trading session today, VN-Index dropped 0.51 points, closing at 1062.96 points. Along with that, the HNX-Index fell 0.44 points to 121.59 points.
• Foreign investors today were net buyers with VND 546.78 billion on HOSE, VIC (VND 113.5 billion), HDB (VND 57.8 billion), and VJC (VND 57.4 billion). In addition, they net sold VND 10.42 billion on the HNX.

Market Outlook
The stock market was fluctuating around 1050 - 1060 points. As the prices have been increasing recently, the recent cash flow has been sold off sharply. However, the demand from the new cash flow was very large, causing the market to divide clearly. The fluctuation can help the market determine the exact price and create momentum for growth. BSC believes that the current cash flow will help the market rebound quickly and continue to increase strongly. The stocks sold strongly but still attracted cash flow of investors can be a good opportunity. In addition, investors should also consider stocks with good Q4 results and growth potential in 2018 such as Banking and Real estate.

TA
VJC_Sky hight