20180322_BSC_Vietnam Daily Review_EN_Surpassed the historical peak_TA_VRE_Gold stock

Highlights
• The market increaseed strongly at the beginning of the session and the upward momentum pulled VN-Index over the historical peak of 1,170 points. Soon after, the strong profit taking pressure made the index corrected.
• The leaders were GAS (+4.62 points), SAB (+1.17 points), BID (+1.00 points), VJC (+0.97 points) and MSN (+0.51 points).
• The laggards were VCB (-1.98 points), ROS (-1.83 points), CTG (-0.55 points), MBB (-0.53 points) and HDB (-0.36 points).
• Bluechips and Petroleum stocks increased strongly as the support of the market. The other groups of stocks were heavily divided with less positive trading.
• 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 119.65 billion on HOSE, focusing on HPG (VND 93 billion), VIC (VND 38.2 billion) and SSI (VND 32.4 billion). Besides, they bought a net of VND 32.74 billion on HNX.
 
Market Outlook
At the beginning of the trading session, the news that the Fed raised interest rates did not affect the market sentiment as the VN-Index still surpassed the peak, reaching 1,180 points. The Petroleum sector was actively trading due to the rise of world oil prices such as GAS, PVD, and PVB. Some large cap stocks also contributed to the upward momentum of the market such as VJC, MSN and VRE. The pressure of profit taking led to the index quickly narrowed the momentum. The strong division in many sectors made the red color dominated. At the end of the session, the VN Index still reached at 1,172 points while the rest of the index fell. BSC believed that the market division is very risky with the status of the indexes increased when most of stocks decrease continue to happen. Investors should observe and may consider profit taking in the increase session.
 

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