20181207_BSC_Vietnam Daily Review_EN_Strong increase_TA_ VJC_Accumulate

Highlights

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

• The leaders were VNM (+1.19 points); GAS (+0.71 points); VCB (+0.33 points); ROS (+0.31 points) and MSN (+0.29 points).

• The laggards were VHM (-1.46 points); TCB (-0.16 points); EIB (-0.15 points); DPM (-0.09 points) and SJD (-0.08 points).

• Cash flow focused on Technology and Construction, liquidity decreased.

• The trading value of VN-Index in today session reached VND 3,026.39 billion. The trading range was 6.43 points. The market recorded 176 gainers and 111 decliners.

• By the ending of the session, VN-Index increased by 3.77 points, closing at 958.59 points. HNX-Index also increased by 0.04 points to 107.14 points.

• Foreign investors today net bought VND 51.08 billion on HOSE, focusing on HPG (VND 30.72 billion), PVD (VND 23.57 billion) and VIC (VND 17.38 billion). However, they net bought VND 1.05 billion on HNX.

Market outlook 

In the morning session, VN-Index increased strongly with buying forces appeared in some blue-chips: VNM, SAB, MSN and Banking stocks such as VCB, BID, CTG, and TCB. In the afternoon session, the index continued to increase but VHM stock dragged the market quite strongly, decreased by approximately 1 point that makes momentum market decrease. Foreigners were net sold and the market liquidity decreased slightly. In view of BSC, the market is as the same as the regional market thanks to positive information such as the recovery of US stocks.

Technical analysis

VJC_Accumulate

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