20180122_BSC_Vietnam Daily Review_EN_Blue-chip boom_TA_ DGW_ Approaching old peak_Server crash

Highlights
At the beginning of the trading session, the indexes soared with the big contribution from the blue chip stocks.
• However, during the ATC session, the servers crashed and the market disconnected. This will make the index shake in tomorrow's session
• The leaders were GAS (+4.84 points), VNM (+3.19 points), VCB (+3.03 points), HPG (+2.17 points) and MSN (+2.12 points).
• The laggards were VRE (-1.04 points), STB (-0.24 points), KDC (-0.16 points), CTD (-0.14 points) and SBT (-0.12 points).
• During the trading session, cash flow continued to be shifted into sectors such as Securities, Banking, Real Estate, Oil and Gas help the stocks in this group increased strongly.
• The trading value of VN-Index today reached VND 6,845 billion. The trading range was at 21.44 points today. The market breadth was negative today with 137 gainers and 162 losers.
• Ending the trading session today, VN-Index increased 25.35 points, closing at 1087.42 points. Along with that, the HNX-Index rose 1.49 points to 123.88 points.

Market Outlook
The market witnessed a strong boom of blue chip stocks, especially VN30 stocks such as VJC (added to VN30 group today), HPG, MSN and GAS. The abundant money from foreign investors as well as the excitement of investors helped the market index approaching the level of 1100 points. Moreover, the momentum was widespread in sectors such as aviation, securities, steel and some real estate stocks. BSC said the market is rising quite strong recently and there may be pressure to take profits in the upcoming sessions. However, investors should not be nervous and can take advantage of the correction to increase stock exposure when the market is very optimistic and will likely surpass the old peak of 2007.


TA
DGW_ Approaching old peak


Data: The data is collected from sources, which may not be the final number due to server crash.