20180126_BSC_Vietnam Daily Review_EN_Market movements_Notice stock_STB_Rising star

Highlights
• Stocks continued to surge after opening, however, the profit-taking pressure increased sharply causing the market to divide strongly.
• The leaders were BID (+2.63 points), VNM (+2.55 points), GAS (+2.17 points), VCB (+1.84 points) and HPG (+1.33 points).
• The laggards were VJC (-1.57 points), SAB (-1.39 points), VRE (-0.7 points), HDB (-0.29 points) and CTD (-0.23 points).
• Banking stocks still attracted investors, while Aviation was the biggest loser after the increase.
• The order matching value of VN-Index today reached VND 7,552 billion. The trading range was 20.77 points. The market was balance with 153 advancers / 150 decliners.
• Ending the trading session today, the VN Index increased by 11.07 points to close at 1,115.64 points. In addition, the HNX-Index rose 0.2 points to 126.82 points.
• Foreign investors today were net buyers of VND 461.21 billion on HOSE focusing on GAS (VND 99.18 billion), VRE (VND 46.16 billion) and VIC (VND 37.08 billion). In addition, they bought a net of VND 3.7 billion on the HNX.

Market Outlook
In general, the stock market gained strongly thanks to the contribution from stocks with large market capitalization such as BID, VNM, GAS. However, profit-taking pressure was showing signs of increasing, causing the market to divide in sectors such as Securities, Real estate, Oil and gas. In the coming sessions, large cash flow will be the main support factor for the market. BSC believed that although the selling force was quite strong, the demand of investors still remained and the market index continued to fluctuate. Investors should observe cash flow and reduce the proportion of stocks that are sold aggressively and no longer attractive.

Notice stock
STB_Rising star