20180321_BSC_Vietnam Daily Review_EN_Profit-taking pressure_TA_MBB_Army advancing

Highlights
• Market sentiment rebounded in today's session. VN-Index touched 1,170 points but could not sustain because profit taking pressure increased.
• The leaders were VIC (+3.67 points), ROS (+1.75 points), BID (+1.25 points), BVH (+0.97 points) and GAS (+0.84 points).
• The laggards were VRE (-0.91 points), VCB (-0.66 points), NVL (-0.36 points), VJC (-0.31 points) and VPB (-0.22 points).
• The VN30 stocks led the market while the lack of consensus among the other groups of stocks restrained upward.
• The order matching value of VN-Index today reached VND 6,134 billion. The trading range was 8.4 points. The market recorded 149 gainers and 135 losers.
• Ending the trading session today, VN-Index gained 9.97 points, closing at 1,169.36 points. Along with that, the HNX-Index dropped 0.32 points to 134.96 points.
• Foreign investors today were net buyers of VND 208.25 billion on HOSE, focusing on VIC (VND 164.0 billion), HPG (VND 106.6 billion) and GAS (VND 25.2 billion). Besides, they bought a net of VND 22.5 billion on HNX.
 

Market Outlook
The stock market opened with positive sentiment. A series of stocks increased the market excitement at the beginning of the session. Notably, the VN30 stocks increased, maintaining the momentum throughout the session. However, profit taking pressure increased in the afternoon in many stocks that VN-Index has not surpassed the peak. BSC believed that the market is waiting for the consensus to break out. Besides, the strong profit-taking pressure at the top will still make the market shake. Investors should continue to tracking the market with the macro events in the upcoming sessions.
 

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