20180529_BSC_Vietnam Daily Review_EN_Significant reversal_TA_VNM_Testing the support

Highlights
• The market gained strongly thanks to the demand of catching the bottom.
• The leaders were VCB (+3.8 points); CTG (+2.08 points); BID (+2.02 points); VNM (+1.72 points); VRE (+1.69 points)
• The laggards were GAS (-1.3 points); VHM (-0.88 points); VIC (-0.87 points); ROS (-0.71 points); SAB (-0.63 points)
• Money capital flowed into Banking, Real Estate and Securities sectors when many stocks hit the ceiling price.
• The trading value of VN-Index in today session reached 5,339.8 billion. The trading range was 42.96 points. The market recorded 232 gainers and 66 decliners.
• By the ending of the session, VN-Index increased 20.43 points, closing at 952.18 points. Moreover, HNX-Index increased 5.51 points to 112.88 points.
• Foreign investors today net sold 6.48 billion on HOSE, focusing on VIC (53 billion), GAS (37.9 billion) and VHM (32.8 billion). Additionally, they also net sold 14.58 billion on HNX.


Market outlook 
The sharp decline in the market recently triggered the bottom – catching today. The spotlight of the market focused on the Banking sector when 8 tickers in this industry recorded the ceiling price such as VCB, MBB, VPB,… Contributing to the increase were Real Estate and Securities Sectors as many stocks reversed to rise. In the opposite direction, GAS, ROS, VIC were stocks that held back the market. Liquidity today fell slightly but remained high for 2 months. BSC said the market will continue to struggle around the current index level. Investors should be cautious when making a bottom – catching decision.

Technical analysis:
VNM_Testing the support
(Please go to page 2 for buy/sell status of stocks and page 4 for Blue chip stocks information)