20180209_BSC_Vietnam Daily Review_EN_Profit-Taking pressure_Notice stock_FPT_Increase proportion

Highlights
• Opening the last trading session of week, the profit-taking pressure increased, causing the VN-Index to fall below 1000 points. However, the demand contributed to the recovery of indexes.
• The leaders were MBB (+0.40 points), VPB (+0.27 points), HCM (+0.19 points), VJC (+0.16 points) and BID (+0.13 points).
• The laggards were GAS (-5.04 points), VNM (-3.24 points), VCB (-2.63 points), PLX (-1.89 points) and ROS (-1.73 points).
• Oil and gas continued to drag the market indexes down when oil prices have not shown signs of recovery. In the opposite direction, Banking was the sector that attracted cash flow and increased in most stocks.
• The order matching value of VN-Index in this session reached VND 4,995 billion. The trading range was 30.16 points. Market breadth was negative with 105 advancers / 174 decliners.
• Ending the trading session, VN-Index dropped 19.31 points, closed at 1,003.94 points. Along with that, the HNX-Index rose 0.56 points to 117.5 points.
• Foreign investors saw a net selling of VND 267.27 billion on HOSE, concentrated on HPG (VND 186.5 billion), VJC (VND 18.4 billion) and CII (VND 10.9 billion). In addition, they sold a net of VND 22.62 billion on the HNX.
 

Market Outlook
As we stated in our previous reports, the negative news from the world stock market has caused the profit taking pressure at the beginning of the session, leading to a strong decline in the market. Many stocks dropped to the floor price in the trading session. However, investors seemed to have been prepared fairly well and quickly bought in to help the index recover. Although red was dominant, some groups showed positive signs, such as Banking sector and some bluechips such as CTD, DHG and VJC. BSC believed that the market will gradually return to balance when the selling pressure has also decreased. In the coming sessions, it is likely that the range will narrow and the index will accumulate, sector will be divided clearly. Investors can observe and invest in stocks that are expected to have a good result in the first quarter of 2018 when after corrections, stock prices were becoming more reasonable.
 

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