20180316_BSC_Vietnam Daily Review_VN_Fluctuation from E.T.F_TA_DRC_Breaking out the long-term downtrend

Highlights
• The stock market had a trading session last week with psychological excitement. Blue chip stocks increased positively.
• The leaders were GAS (+4.91 points), SAB (+3.40 points), VNM (+2.02 points), BID (+1.38 points) and VCB (+1.19 points).
• The laggards were ROS (-1.65 points), VRE (-0.56 points), MSN (-0.42 points), BHN (-0.25 points) and VJC (-0.25 points).
• Cash flow continued to focus on stocks of Banking and Securities sectors. Large cap stocks also increased strongly contributing for indexes.
• The order matching value of VN-Index in this session reached VND 8,703 billion. The trading range was 11.96 points. The market recorded 148 gainers and 145 losers.
• Ending the trading session today, the VN-Index gained 11.43 points, closing at 1,150.19 points. Along with that, the HNX-Index rose 1.81 points to 133.10 points.
• Foreign investors today were net sellers of VND 1101.32 billion on HOSE, concentrated on HPG (VND 248.4 billion), VCB (VND 168.2 billion) and VIC (VND 168.2 billion). In addition, they bought a net of VND 8.57 billion on the HNX.
 

Market Outlook
The stock market was active with green color spreading in many groups of stocks. Banking group still led the market indexes. In addition, large cap stocks such as SAB, GAS, VNM broke out strongly which supported to the increase momentum of the index. Securities stocks also attracted cash flow with many stocks rising to the ceiling price. Market liquidity jumped during the ATC session due to trading of two ETF funds. BSC believed that the market is experiencing positive movements, investors should follow the stocks attracting cash flow in the coming sessions.
 

Technical analysis
DRC_Breaking out the long-term downtrend
(Please go to page 2 for trading status of stocks and page 4 for Blue chip stocks information)