Daily Review

20181017_BSC_Vietnam Daily Review_EN Positive signal_TA_SAB_ Short-term accumulation

  • Date

    17/10/2018

  • Language

    Tiếng Việt

  • Number of Downloads

    21

Detailed report

Highlights
• VN-Index rebounded then fluctuated in the morning session, the index increased slightly in the afternoon session.
• The leaders were VHM (+1.52 points); BID (+1.18 points); MSN (+0.88 points); VNM (+0.49 points); TCB (+0.44 points)
• The laggards were ROS (-0.26 points); MBB (-0.06 points); SCS (-0.04 points); STB (-0.02 points); SKG (-0.02 points)
• Cash flow focused on Plastic and Manufacturing and Trading stocks, liquidity increased slightly.
• The trading value of VN-Index today reached VND 3,208.4 billion. The trading range was 6.21 points. The market recorded 195 gainers and 93 decliners.
• Ending the trading session today, VN-Index increased 8.23 points, closing at 971.60 points. At the same time, the HNX-Index increased 0.79 points to 109.39 points.
• Foreign investors today net sold 79.62 billion on HOSE, focusing VIC (92.24 billion), GAS (30.26 billion) and PLX (27.73 billion). However, they net bought VND 4.92 billion on the HNX.


Market outlook 
The VN-Index rebounded, then fluctuated in the morning, buying power appeared in Banking stocks such as BID, TCB, VCB, CTG, bluechips such as VHM, MSN, VNM, HPG, VIC, GAS, however, the selling force appeared in stocks such as ROS, SAB, HPX and HAG which contributed to a slight decrease in the Index. In the afternoon session, the market rose slightly thanks to positive sentiments from the regional markets as well as the US stock market's strongest growth since March 2018 in the previous session. From the view of BSC, the market continued to have short-term accumulation and this trend is likely to maintain in the next sessions, investors should monitor the macro situation, regional and global market, and Q3 business results.

Technical analysis
SAB_ Short-term accumulation
(Please go to page 2 for buy/sell status of stocks and page 4 for Blue chip stocks information)

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