20180525_BSC_Vietnam Daily Review_EN_Weak demand_TA_ VN-Index_Testing support 960 points

Highlights
• The market shook strongly in the morning and declined sharply in the afternoon session
• The leaders were VHM (+2.64 points); VIC (+2.51 points); NVL (+0.4 points); KDC (+0.04 points); SII (+0.04 points)
• The laggards were GAS (-4.97 points); VCB (-3.90 points); BID (-2.19 points); SAB (-1.85 points); VJC (-1.78 points)
• In this trading day, most stocks traded in narrow band. The banking sector decreased while a number of stocks (CTD, VJC) plunged deeply, making market sentiment negative.
• The trading value of VN-Index in today session reached 3684.07  billion. The trading range was 23.66 points. The market recorded 76 gainers and 211 decliners.
• By the ending of the session, VN-Index decreased 22.02 points, closing at 963.9 points. Moreover, HNX-Index decreased 2.58 points to 114.49 points.
• Foreign investors today net sold 521.51 billion on HOSE, focusing on VIC (-209.7 billion), VNS (-103.4 billion) and VRE (-66.2 billion). They also net sold 14.7 billion on HNX.

Market outlook
In the morning session, the VN-Index moved in a narrow range below the reference level. Strong selling pressure occurred in the afternoon at the stocks that dragged the index down sharply although VHM and VIC still gained. The strong selling pressure of foreign investors together with the weak demand of domestic investors made the sentiment of the market weak and surplus plunged if penetration of the support threshold of 960 points. BSC recommends investors to hold cash and avoid disbursements in the current period.

Technical analysis
VN-Index_Testing support 960 points
(Please go to page 2 for trading status of stocks and page 4 for Blue chip stocks information)