20180129_BSC_Vietnam Daily Review_EN_Market shaked_Notice stock_ ACV_Hold

Highlights
• The division continues to cause the market to continue to shake. Along with strong selling force made market decline.
• The leaders were BID (+2.63 points), CTG (+1.36 points), MBB (+1.06 points), STB (+0.73 points) and ROS (+0.26 points).
• The laggards were VNM (-2.82 points), SAB (-1.67 points), VCB (-1.45 points), HPG (-1.33 points) and MSN (-1.27 points).
• In the trading session, Banking and Securities stocks continued to increase and became the main support for the market. Meanwhile, other sectors are clearly divided
• The order matching value of VN-Index in this session reached VND 7,496 billion. The trading range was 20.3 points. The market was negative with 116 advancers / 187 decliners.
• Ending the trading session today, VN-Index dropped 5.84 points, closing at 1,109.8 points. Along with that, the HNX-Index rose 0.53 points to 127.35 points.
• Foreign investors today were net sellers of VND 262.26 billion on HOSE, focusing on VNM (VND 154.3 billion), HPG (VND 121 billion) and CTD (VND 110.3 billion). In addition, they net bought VND 4.56 billion on the HNX.

Market Outlook
The stock market was under pressure to take profit, after increasing strongly last week. Almost all industries were under division, only Banking and Securities stocks were attracting cash inflow from investors. Today, investors' cash flow was likely to weaken in large capitalization stocks, causing the group to correct and shifted to small and medium cap stocks. In general, although the profit-taking pressure was large, the support from cash flow of investors was still very strong. BSC believed that the market may have short-term corrections like today because the foreign investors turned to be net sellers, however the macro picture is still very positive and the market index will continue the way to overcome the old peaks

Notice stock
ACV_Hold