20181026_BSC_Vietnam Daily Review_EN_Dominated selling force_ HDB_Long term downtrend

Highlights 

• VN-Index decreased in the morning session, fluctuated and decreased sharply in the afternoon session.

• The leaders were gồm VNM (+0.82 points); GMD (+0.16 points); PLX (+0.163 points); BHN (+0.14 points); KDH (+0.14 points)

• The laggards were VHM (-2.96 points); VCB (-1.47 points); BID (-0.64 points); CTG (-0.58 points); MWG (-0.51 points)

• Cash flow focused on transportation and mineral, liquidity decreased.

• The trading value of VN-Index in today session reached 2,859.8 billion. The trading range was 17.34 points. The market recorded 121 gainers and 176 decliners.

• By the ending of the session, VN-Index decreased 9.35 points, closing at 900.82 points. HNX-Index also decreased 1.31 points to 101.79 points.

• Foreign investors today net bought 9.04 billion on HOSE, focusing GMD (38.45  billion), VNM (26.50 billion) và BID (24.74 billion). However, they net sold 16.51 billion on HNX.

 

In the morning session, the VN-Index gained in the first minutes due to positive news from the US stock market recovered the night before. However, selling pressure appeared at the middle of the session, causing the strong selling force such as: VCB, CTG, TCB and some bluechips: VHM, MSN, VJC ... In the afternoon session, VN-Index continued to go down as selling pressure continued to dominate. Some stocks were net sellers such as BID, VIC. GAS has returned to the reference despite in the morning it is a strong market push. However, many bluechips upside were VNM, GMD, PLX, BHN, etc. According to BSC, investor sentiment is still worrying with the news from the world market: war US-China trade, interest rate policy of the Fed, .. and the market liquidity remained low but today foreigners were net bought.

 

HDB_Mid-term downtrend

(Please go to page 2 for buy/sell status of stocks and page 4 for Blue chip stocks information)