Daily Review

20181012_BSC_Vietnam Daily Review_EN Impressive rebound_TA_MWG_ Touched the support level

  • Date

    12/10/2018

  • Language

    Tiếng Việt

  • Number of Downloads

    23

Detailed report

Highlights
• VN-Index fluctuated then increased in the morning session, the buying force continued in the afternoon session.
• The leaders were GAS (+4.41 points); VIC (+3.02 points); VCB (+2.50 points); NVL (+1.20 points); MSN (+0.99 points)
• The laggards were HVG (-0.03 points); SJF (-0.02 points); CII (-0.02 points); SCS (-0.01 points); THI (-0.01 points)
• Cash flow focused on Petroleum and Banking stocks, liquidity declined slightly
• The trading value of VN-Index today reached VND 4,506.8 billion. The trading range was 36.73 points. The market recorded 249 gainers and 57 decliners.
• Ending the trading session today, VN-Index increased 24.19 points, closing at 970.08 points. At the same time, the HNX-Index increased 2.59 points to 109.79 points.
• Foreign investors today net bought 272.93 billion on HOSE, focusing VPB (158.38 billion), VCB (39.52 billion) and HPG (38.01 billion). At the same time, they net bought VND 5.30 billion on the HNX.

Market outlook 
VN-Index fluctuated then increased, the buying force appeared in Banking stocks such as VCB, TCB, CTG, BID and bluechips such as VIC, GAS, VHM, MSN, HPG and VNM. In the afternoon session, the pillars of the market maintained in the two groups making the index increased slightly comparing to the morning session. In this trading day, the market rebounded strongly as the recovery factor was expressed by the MSCI (excluding Japan) index which had the highest increase of 2.74% in the past two years. US government bond yields fell slightly after reaching a peak on this Tuesday. from the view of BSC, the market had a short-term impressive rebound and will test the 986 level before following the trend. However, investors should monitor the third quarter business results and regional macroeconomic performance in the next week.

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

icon BSC Trading icon BSC Smart Invest icon Online Support
Less
Short link