20181023_BSC_Vietnam Daily Review_EN _ Strong shake out _TA_ VN-Index _ Weak sentiment

Highlights
• The VN-Index fluctuated sharply in the afternoon session when there were time indicators.
• The leaders were MBB (+0.2 points); SAB (+0.18 points); BVH (+0.04 points); SBT (+0.04 points); YEG (+0.04 points)
• The laggards were GAS (-1.57 points); VCB (-1.48 points); VNM (-1.26 points); TCB (-1.10 points); PLX (-0.98 points)
• Cash flow is heavily involved in real estate and pharmaceuticals.
• The order matching value of VN-Index today reached VND 4,360 billion. The daily trading spread was 25.13 points. The market recorded 80 advancers and 232 decliners.
• Ending the trading session, VN-Index dropped 1.45 points, closed at 939.68  points. At the same time, the HNX-Index fell 2.48 points to 105.07 points.
• Foreign investors today were net sellers with VND -62.66 billion on HOSE, with VNM (VND -54.3 billion), VJC (VND -29.5 billion) and VHC (VND -28.5 billion). In addition, they net bought VND 2.88 billion on the HNX.

Market outlook 
VN-Index fluctuated then decreased in the morning session, the selling force occurred strongly at the Banking stocks such as VCB, TCB, CTG, BID, VPB, STB,… and the Petroleum stocks such as GAS, PVD, PLX,… In the afternoon session, the market fell sharply at the beginning due to some market members' judgments. After that, the market rebounded slightly thanks to good expectation of business results from investors, the buying force appeared in the bluechips such as MBB, SAB, BVH,… From the view of BSC, cash flows and market sentiments are currently weak, tracking and waiting status can be changed to sell by negative information. On the other hand, the VN-Index is still moving in the sensitive area, the ability of testing the bottom of 885-900 points is possible, therefore, investors should keep the investment proportion at a safe level and wait for the opportunity at a lower support level.

Technical analysis
VN-Index_Weak sentiment
(Please go to page 2 for buy/sell status of stocks and page 4 for Blue chip stocks information)