20180119_BSC_Vietnam Daily Review_EN_Shaking ATC_TA_VIC_New limits

Highlights
• The stock market recovered from the opening of the session thanks to large cap stocks such as VJC, VPB, VRE but only really jumped when the cash flow poured into stocks of VN-30.
• The leaders were VCB (+3.3 points), VRE (+2.44 points), PLX (+2.42 points), HPG (+2.06 points) and VJC (+1.89 points).
• The laggards were MSN (-1.91 points), GAS (-0.77 points), SAB (-0.54 points), VIC (-0.39 points) and CTG (-0.27 points).
• Banking continued to be the market leader as most stocks increased. In addition, sectors that followed the market movements such as Securities, Steel, Real estate also increased sharply.
• The order matching value of VN-Index in this session reached VND 8.230 billion. The trading range was 13.84 points today. The market was fairly balance with 158 advancers / 140 decliners.
• Ending the trading session today, VN-Index gained 11.82 points, closing at 1062.07 points. Along with that, the HNX-Index increased 0.5 points to 122.39 points.
• Foreign investors saw a net buying of VND 864 billion on HOSE, focusing on HPG (VND 71.1 billion), VJC (VND 65.3 billion) and DXG (VND 52.6 billion). In addition, they net sold VND 10.5 billion on the HNX.

Market Outlook
The stock market was approaching the old peak and continued to show growth potential. However, at the end of the ATC session, there were some unexpected shaking. MSN, PVD, VIC, and KBC were all sold out and hit the floor price (VIC still had strong demand and closed at reference level). In the opposite direction, PLX and VJC increased sharply before joining VN30 next week. The total value of transactions was over 10 trillion, the highest in history will be a strong psychological support for investors. BSC believed that the stock market will quickly overtake the old peak with a large contribution from stocks in VN30 and the priority group. Investors should restructure the portfolio accordingly to the market and focus in sectors that attract strong cash flow such as Banking, Securities, Real estate and stocks with positive business results.

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VIC_New limits