20180504_BSC_Vietnam Daily Review_ENG_Modest Recovery_TA_ MWG_Short-term accumulating

Highlights
• The market witnessed a modest recovery session, but investors’ suspicious sentiment remains.
• The leaders were VIC (+1.44 points); GAS (+1.04 points); ROS (+0.81 points); VJC (+0.66 points); BHN (+0.42 points)
• The laggards were BID (-1.49 points); VCB (-0.78 points); NVL (-0.68 points); CTG (-0.68 points); BVH (-0.67 points)
• Major stocks moved in opposite directions, no longer sold in bulk. Foreign currency continued to sell strongly in stocks such as VIC, VCB, HPG.
• The order matching value of VN-Index in today’s session reached VND 3,444.3 billion. The range was at 14.92 points today. The market recorded 155 gainers and 139 losers.
• Ending the trading session today, the VN Index increased 0.34 points, closing at 1,026.8 points. Similarly, HNX-Index increased 0.06 points, reaching 122.57 points.
• Foreign investors today were net sellers of VND 652.5 billion on HOSE, concentrated in VIC (VND -199 billion), VCB (VND -101 billion) and VJC (VND -58 billion). In a similar movement, they net sold VND 9 billion on the HNX.
 

Market Outlook
Compared to negative sentiment in previous sessions, investors’ sentiment has been more stable but still skeptical. The market opened in green but did not hold long, both indexes fluctuated up and down, but increased 0.34 points at the end, equivalent to 0.03%. Stocks such as Banks, Securities and Real Estate stocks saw mixed tickers, no longer being sold out in groups as in the previous sessions. In the current context, investors should limit the disbursement of large proportion, in recovery sessions should sell to keep the margin proportion safe for the account.
 

Technical analysis
MWG_Short-term accumulating
(Please go to page 2 for trading status of stocks and page 4 for Blue chip stocks information)