Daily Review

2018023_BSC_Vietnam Daily Review_EN_Petroleum stocks recovering_Notice stock_CTG_Buy

  • Date

    23/02/2018

  • Language

    Tiếng Việt

  • Number of Downloads

    27

Detailed report

Highlights
• The market gained at the open but the matching order was slow. However, the afternoon session witnessed a sharp increase VN30 stocks.
• Trailing stocks with the biggest gainers included VCB (+6.05 points), GAS (+3.5 points), PLX (+2.56 points), CTG (+2.38 points) and HPG (+1.5 points).
•The stocks that caused the market to drop included EIB (-0.18 points), HDB (-0.16 points), GTN (-0.07 points), NBB (-0.05 points) and PGD (-0.04 points).
• After a sharp correction, petroleum stocks have recovered strongly thanks to recent world oil price hike. In addition, Banking stocks also contributed significantly to the market momentum.
• The trading value of VN-Index in this session reached VND 5,608 billion. The trading range was at 21.54 points today. The market was active with 197 gainers and 96 losers.
• Ending today trading session today, VN-Index gained 26.82 points and closed at 1102.85 points. Along with that, HNX-Index rose 1.55 points to 126.24 points.
• Foreign investors today were net sellers of  VND 258.26 billion on HOSE, focusing on HPG (VND  126.8 billion), VCB (VND 47.2 billion) and BID (VND 23.5 billion). In addition, they also sold a net of VND 50.09 billion on the HNX.

Market Outlook
The trading session of the week witnessed a positive movement thanks to VN30 stocks, including PLX, VCB, BVH and CTG. The uptrend of Petroleum stocks is backed by oil price rebounded. Together with the Oil and Gas stocks, Banking stocks were the main driver causing the index to rise above the 1,100 points level. The market uptrend spread to the entire market with a slight increase in liquidity indicated a of conservative sentiment in the market. BSC derived  that VN-Index was in the process of reclaiming 1,130 points. Investors may consider increasing their stock proportion in the pillars stocks of the market because these stocks are attracting major cash flows in the market.

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

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