20180820_BSC_Vietnam Daily Review_EN_Waiting for the signal_TA_TCM_Breakout

Highlights
• The market fluctuated in a narrow range and slightly increased at the end of afternoon session.
• The leaders were GAS (+1.19 points); VNM (+0.72 points); PLX (+0.52 points); BID (+0.31 points); VIC (+0.29 points)
• The laggards were VPB (-0.83 points); VCB (-0.67 points); CTG (-0.34 points); MBB (-0.33 points); HPG (-0.29 points)
• Cash flow focused on rubber and commercial stocks.
• The trading value of VN-Index in today session reached 3505.3 billion. The trading range was 7.11 points. The market recorded 130 gainers and 150 decliners.
• By the ending of the session, VN-Index increased 0.74 points, closing at 969.62 points. HNX-Index also increased 0.04 points to 108.06 points.
• Foreign investors today net sold 86.81 billion on HOSE, focusing on NVL (31.1 billion), VIC (27.2 billion) and VHM (23.96 billion). However, they net bought 1.15 billion on HNX.
 

Market outlook
Investors continued to be optimistic today due to supportive news from the Negotiations Efforts which aimed at alleviating the Sino-US trade war, Chinese stock market and the yuan slightly recovered as well as Turkey temporarily controlling the Lira exchange rate. Foreign investors were net sell today, especially NVL and VIC. BSC commented that the market continues to accumulate and wait for supportive news around the psychological threshold of 970 points, investors should monitor the results of the US-China negotiations this week to consider open position if results are positive.

Technical analysis
TCM – Breakout
(Please go to page 2 for buy/sell status of stocks and page 4 for Blue chip stocks information)