20180523_BSC_Vietnam Daily Review_EN_Slight recovery_TA_ MWG _ The possibility of Recovery

Highlights
• The market recovered slightly, although most of session is in the reduction.
• The leaders were GAS (+4.65 points); VNM (+2.52 points); VCB (+1.29 points); BID (+1.29 points); CTG (+1.10 points)
• The laggards were VHM (-6.95 points); VIC (-2.94 points); SAB (-1.03 points); HDB (-0.41 points); ROS (-0.35 points).
• In trading session, VHM - VIC declined strongly, creating negative sentiment for the whole market. However, buying volume in banking stocks, securities stocks and some large cap stocks supported the index.
• The trading value of VN-Index in today session reached 4,414.4 billion. The trading range was 29.33 points. The market recorded 151 gainers and 128 decliners.
• By the ending of the session, VN-Index increased 3.03 points, closing at 988.94 points. Moreover, HNX-Index increased 1.39 points to 118.11 points.
• Foreign investors today net sold 674 billion on HOSE, focusing on VHM (314 billion), VIC (307 billion) and MSN (60 billion). However, they also net bought 14 billion on HNX.

Market outlook
At the beginning of the session, the negative sentiment covered the market. Pair of VHM and VIC surprisingly decreased to the floor price. However, the index unexpectedly recovered despite the decline of VHM and VIC. Mid-cap stocks (such as CSM, DRC) gained to the ceiling price, then the banking sector, securities sector and large cap stocks rose sharply. The market recovered slightly with not breaking liquidity, not confirming the bottom of the market. BSC said that the market is still at a sensitive stage, investors should stay out and continue to observe.

Technical analysis
MWG _ The possibility of Recovery
(Please go to page 2 for trading status of stocks and page 4 for Blue chip stocks information)