20180419_BSC_Vietnam Daily Review_EN_Strong decline_TA_VN-Index Surprise!

Highlights
• Pesimistic market sentiment led to major stocks’s falling to floor price
• Trading value surged mainly due to sentiments of selling pillar stocks
• The leaders were LGC (+0.1 points), VHC (+0.09 points), DMC (+0.05 points), HNG (+0.04 points), GTN (+0.04 points).
• The laggards were VIC (-8.73 points), VCB (-5.03 points), SAB (-3.73 points), MSN (-2.98 points), BID (-2.77 points)
• There was unclear market trend in today session and the selling force was strong in banking sector.
• The order matching value of VN-Index today reached VND 6,279.82 billion. The trading range was 43.36 points. The market recorded 71 gainers and 215 losers.
• Ending the trading session today, VN-Index declined 43.9 points, closing at 1,094.63 points. In addition, the HNX-Index fell 1.72 points to 131.05 points.
• Foreign investors today were net sellers of VND 315.4 billion on HOSE, focusing on VIC (VND -282.6 billion), VJC (VND -99.3 billion), MSN (VND -86.8 billion). They only sold a net of VND 1.58 billion on the HNX.

Market Outlook
Following the decline yesterday, the stock market continues to witness bad movements with the main reason comes from the market pessimism of investors. The selling pressure of foreign investors continued to increase, especially VIC, pulled the market down strongly. Large capitalization stocks were under unusual selling pressure, especially during the ATC, causing the big influences such as MSN, PLX and KDC suddenly fell to the floor price. Securities and banks stocks also suffered the same fate, continued the sharp decline. In the opposite direction, only a small number of stocks remained green such as DXG, GTN, VHC ... Liquidity today increased significantly after many sessions. BSC said the market may continue to be slightly shaken when the market sentiment is still pessimistic.
Technical analysis
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(Please go to page 2 for trading status of stocks and page 4 for Blue chip stocks information)