20180420_BSC_Vietnam Daily Review_EN_Recover_TA_ GAS _ Flame On

Highlights

• Improved market sentiment helped the index rebound.
• The market liquidity remained low, the volume of information disclosure increased sharply

• The leaders were VCB (+3.95 points), GAS (+3.29 points), CTG (+2.59 points), SAB (+2.3 points), VIC (+2.03 points)
• The laggards were VNM (-0.8 points), VJC (-0.21 points), QCG (-0.08 points), KDH (-0.06 points), PPC (-0.05 points)
• The order matching value of VN-Index today reached VND 4,823.2 billion. The trading range was 41.85 points. The market recorded 168 gainers and 116 losers.
• Ending the trading session today, VN-Index increased 25.23 points, closing at 1,119.86 points. In addition, the HNX-Index increased 1.52 points to 132.58 points.
• Foreign investors today were net buyers of VND 3138.26 billion on HOSE, focusing on NVL (VND 3,700.3 billion), HPG (VND 27.4 billion), HDB (VND 18.8 billion). They only sold a net of VND 1.99 billion on the HNX.

Market Outlook

The market recovered after yesterday's surprise drop. At the beginning of the trading session, Vn-Index fluctuated around the referenced price. However, at the end of the session, the sentiment of buying the bottom made money flowing into the market soared. Large cap stocks such as VIC, MSN, KDC ... were bought a lot, along with the rise of banks (ACB, MBB, BID, VPB ...) pulled the market up again. Noticeably, the put through transactions of NVL and VPB increased sharply. BSC said that the adjustment pressure may continue to appear until the market has a clear recovery signal. Medium to long term investors can adjust their portfolio proportion, combined with market monitoring to wait for more positive signals.
 

Technical analysis
GAS _ Flame On

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