20180208_BSC_Vietnam Daily Review_EN_Conservative market_Notice stock_NT2_Observe more

Highlights
• The stock market dropped sharply at the opening, despite a recovery, the decline of large cap stocks along with the caution of investors caused the market to drop.
• The leaders were BID (+1.25 points), MSN (+0.85 points), BVH (+0.52 points), HDB (+0.38 points) and HPG (+0.11 points).
• The laggards were GAS (-4.2 points), VIC (-1.93 points), SAB (-1.83 points), CTG (-1.7 points) and VNM (-1.7 points).
• With the information of world oil prices continue to decline sharply, Oil and Gas sector decreased deeply. Banking (excluding HDB and BID) and Real Estate are also dragging down the market
• The order matching value of VN-Index today was VND 3,591 billion. The trading range was 16.36 points today. The market breadth was negative with 106 shares increased / 181 shares decreased.
• Ending the trading session today, VN-Index dropped 17.3 points, closing at 1,023.25 points. Along with that, the HNX-Index fell 2.68 points to 116.94 points.
• Foreign investors today saw a net buying of VND 466.44 billion on HOSE, concentrated on HDB (VND 198.7 billion), VIC (VND 53.4 billion) and DXG (VND 42.1 billion). In addition, they net bought VND 6.3 billion on the HNX.

Market Outlook
The stock market today reflected quite clearly the psychology of investors. Weak liquidity has shown caution and fear of market correction. It was the reason that caused the market to lose support and fall deep at the end of the session. HAG and HNG continued to be pushed to the floor price as some information showed that these two stocks are likely to be canceled listing. BSC believed the market is in the short-term correction phase when there are not many positive information to supplement the market. Investors should be careful in tomorrow trading session when selling pressure continue to weigh on the market. Besides, Friday session was also the t + 3 session of the deepest decline, this may partly cause selling pressure to increase. After that, the Tet Holiday will also cool down the market. It is likely that the market will return to accumulate and wait for positive news from Q1 report and shareholder meeting.

Notice stock
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(Please go to page 2 for trading status of stocks and page 4 for Blue chip stocks information)