Daily Review

20181029_BSC_Vietnam Daily Review_EN_Weak liquidity_ PHR_Mid-term uptrend

  • Date

    29/10/2018

  • Language

    Tiếng Việt

  • Number of Downloads

    30

Detailed report

Highlights
• VN-Index decreased in the morning session, fluctuated and decreased sharply in the afternoon session.
• The leaders were VIC (+0.80 points); BVH(+0.26 points); SAB (+0.16 points); MBB (+0.13 points); VRE (+0.12 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 mineral and rubber, liquidity decreased.
• The trading value of VN-Index in today session reached 2,617.0 billion. The trading range was 12.92 points. The market recorded 121 gainers and 176 decliners.
• By the ending of the session, VN-Index decreased 12 points, closing at 888.82 points. HNX-Index also decreased 0.62 points to 101.17 points.
• Foreign investors today net sold 64.88 billion on HOSE, focusing VIC (22.35 billion), HPG (21.35 billion) và HDB (14.52 billion). However, they net bought 14.65 billion on HNX.

Market outlook 

At the beginning of the morning, the VN-Index fell due to negative signals from the Asian stock markets. Selling force appeared in the middle of the session, causing the index to decrease, with strong selling pressure in banking stocks such as BID, VCB, CTG, TCB and some bluechips: VHM, GAS, VNM, ... In the afternoon session, VN-Index continued to decline. MSN has turned back to the reference although in the morning is the code drag market. However, many bluechips upside were VIC, VRE, BVH, VCI, ... Foreign investors continued to net sold in low level. In view of BSC, although Q3 business results were positive, investors' is still in a state of wait, remained weak with eight consecutive sessions fell, in addition to regional factors such as the Chinese market has not improved.

Cut loss HBC from short-term portfolio

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

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