20180222_BSC_Vietnam Daily Review_EN_Technical Correction_Notice stock_GEX_Hold

Highlights
• Despite the rebounds in the trading time, strong selling pressure at the end of the afternoon session made the index decrease.
• The leaders were CTG (+1.09 points), VCB (+0.79 points), VIC (+0.48 points), ROS (+0.33 points) and VRE (+0.28 points).
• The laggards were GAS (-4.2 points), VNM (-1.17 points), PLX (-1.04 points), SAB (-0.75 points) and BID (-0.75 points).
• Banking stocks still attracted cash flow but have been sold out strongly at the end of the day (only CTG and VCB remain increase). In the opposite direction, Petroleum stocks was sold the most because the world oil prices continued to decline.
• The order matching value of VN-Index today reached VND 5267.76 billion. The trading range was 17.35 points. Market breadth was negative with 102 advancers and 199 decliners.
• Ending today trading session, VN-Index dropped 11.12 points, closing at 1076.03 points. In addition, the HNX-Index dropped 1.15 points to 124.7 points.
• Foreign investors today was net buyer of VND 160.46 billion on HOSE with VIC (VND 99.1 billion), VRE (VND 29.1 billion) and VNM (VND 25.8 billion). In addition, they sold a net of VND 2.64 billion on the HNX.

Market Outlook
Today's trading session was under selling pressure to take profits from stocks disbursed before the holiday and negative information from the world oil prices. The fluctuations during the trading time dragged down the indexes especially in the large cap stocks which have increased earlier. As we mentioned before the cash flow has not returned to the market which lead to the lack of supports BSC believed the market will continue to have technical corrections but the amplitude will gradually narrow before the formation of new prices. Besides, the fact that the index of derrivative was significantly lower than the base price also shows the investors' anxiety. However, investors should not be worried when the macro picture is still very optimistic and the financial report of Q1 and shareholder meeting is coming.
 

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