20180608_BSC_Vietnam Daily Review_EN_Narrow spread_TA_HSG _ Testing the Resistance

Highlights
• The market movement was narrow with the diversification of cash flow focused on large stocks.

• The leaders were TCB (+2.51 points); VCB (+1.14 points); VPB (+1.09 points); PLX (+0.53 points); MWG (+0.47 points)

• The laggards were GAS (-1.27 points); SAB (-0.61 points); MSN (-0.48 points); HDB (-0.37 points); VRE (-0.3 points)

• Stocks with good cash inflow today included TCB, MWG and DXG.

• The trading value of VN-Index in today session reached 3,721.2 billion. The trading range was 12.13points. The market recorded 118 gainers and 157 decliners.

• By the ending of the session, VN-Index increased 2.32 points, closing at 1039.01 points. However, HNX-Index decreased 0.87 points to 119.86 points.

• Foreign investors today net sold 33.04 billion on HOSE, focusing on HPG (20.62 billion), HCM (3.65 billion) and BVH (3.11 billion). Moreover they also net sold 18.61 billion on HNX.

Market outlook
The market movement in the narrow spread with turnover dropped sharply in the last trading session of the week showed the hesitation of investors in the market as the index has recovered for 6 consecutive sessions. Cash flow today continued to focus on the major financial codes have influenced the index such as VCB, VPB, TCB and DXG. It is likely that this group will continue to lead the market next week. BSC recommends investors keep their stock exposure and reduce the proportion of stocks that have not recovered well in the last couple sessions.

Technical analysis
HSG _ Testing the Resistance
(Please go to page 2 for trading status of stocks and page 4 for Blue chip stocks information)