20181030_BSC_Vietnam Daily Review_EN_ Downtrend slowdown_TA_ITA_ Mid-term accumulation

Highlights
• VN-Index fluctuated, then increased in the morning session, the index decreased slightly in the afternoon session.
• The leaders were VCB (+1.47 points); GAS (+1.20 points); MSN (+0.55 points); BVH (+0.37 points); VHM (+0.25 points)
• The laggards were VNM (-1.48 points); BID (-1.40 points); VIC (-0.60 points); VRE (-0.42 points); NVL (-0.28 points)
• Cash flow focused on Education and Retail stocks, liquidity increased slightly.
• The trading value of VN-Index today reached VND 2,512.0 billion. The trading range was 13.95 points. The market recorded 142 gainers and 148 decliners.
• Ending the trading session today, VN-Index decreased 0.13 points, closing at 888.69 points. However, the HNX-Index increased 0.55 points to 101.72 points.
• Foreign investors today net bought 294.99 billion on HOSE, focusing VCB (32.71 billion), GMD (15.36 billion) and HCM (14.93 billion). At the same times, they net bought VND 5.75 billion on the HNX.

Market outlook 
VN-Index fluctuated, then increased in the morning, buying force appeared in Banking stocks such as VCB, CTG, TCB, BID, Petroleum stocks such as PLX, GAS and bluechips such as VHM, MSN and VJC, HPG. In the afternoon session, the market decreased slightly, selling pressure came back in stocks such as BID, HDB, VPB, STB. From the view of BSC, cash flow and market sentiment continued to remain weak, reflecting on low liquidity with weak bottom fishing. VN-Index decreased slightly and tested the short-term bottom. In addition, the regional and global market sentiment continued to be shaken by the trade war tensions from the US that an additional $ 257 billion goods from China is expected to to levied, if the G20 meeting at the end of November achieves no negotiation. Investors should continue to wait for positive signals and limit trading.

Cut loss ACB, PNJ from fundamental portfolio

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