20180306_BSC_Vietnam Daily Review_EN_Rebound_TA_HBC_Continue to rise

Highlights
• The stock market recovered from the beginning of the morning but still traded in moderation with carefulness of investors. At the end of the session, the increase spread which helped the index regained the score lost yesterday.
• The leaders were VIC (+4.35 points), VCB (+4.22 points), GAS (+3.5 points), BID (+3.07 points) and CTG (+2.46 points).
• The laggards were SAB (-1.29 points), ROS (-0.69 points), NVL (-0.45 points), BHN (-0.31 points) and MWG (-0.29 points).
• Cash flow returned to Banking and Large Cap stocks, helping this group recovering strongly.
• The order matching value of VN-Index in this session reached VND 6,138 billion. The trading range for today was 28.62. The market breadth was active with 173 gainers and 118 losers.
• Ending the trading session, VN-Index gained 26.81 points, closing at 1,120.29 points. Along with that, the HNX-Index rose 1.82 points to 127.33 points.
• Foreign investors were net buyers of VND 278.75 billion on HoSE, concentrated on VRE (VND 90 billion), SKG (VND 76.88 billion) and VJC (VND 47.78 billion). In addition, they sold a net of VND 14.35 billion on the HNX.

Market Outlook
After the unexpected drop yesterday (most likely due to the selling pressure of foreign fund, ETF), the market has rebounded strongly. Cash flow was being concentrated in stocks of Banks, Securities and small and medium Real estate stocks helping this group break through with many stocks reached the ceiling price. In addition, during the day that POW opened trading, although not reach the ceiling but the demand still remain stable and partially help the new listing stocks in term of mentality. BSC believed that the market is still in a good growth stage when cash flow is trending to spread in the market. Investors should also make use of strong corrections to increase the stock exposure when the macro picture for the stock market in Vietnam is robust.

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