Highlights
• VN-Index fluctuated, then decreased in the morning session. The Index decreased in the afternoon session.
• The leaders were BID (+0.47 points); VCB (+0.33 points); GAS (+0.29 points); TCB (+0.10 points); TLG (+0.07 points).
• The laggards were VNM (-1.18 points); BVH (-0.99 points); HPG (-0.85 points); VIC (-0.49 points); NVL (-0.42 points).
• Cash flow focused on Service and Manufacturing, liquidity increased.
• The trading value of VN-Index in today session was VND 3,225.5 billion. The trading range was 11.17 points. The market recorded 84 gainers and 205 decliners.
• By the ending of the session, VN-Index decreased by 6.4 points, closing at 927.25 points. At the same time, HNX-Index also decreased by 0.58 points to 104.42 points.
• Foreign investors today net bought VND 384,82 billion on HOSE, focusing on PNJ (VND 228.70 billion), CTD (VND 39.29 billion) and VIS (VND 37.85 billion). At the same time, they net bought VND 1.49 billion on HNX.
Market outlook
In the morning session, VN-Index fluctuated and decreased sharply with strong selling forces appeared in some blue-chips such as VIC, VNM, VHM, and GAS. In the afternoon session, the index continued to decrease, but the downward momentum was narrowed with buying pressure in Banking stocks such as BID, VCB, TCB, and MBB. Foreigners were net bought and the MSCI decreased by 0.8%. In view of BSC, the bearish market is in the same direction of the regional market due to complicated fluctuations in the world and these events still prevent the money flow back to the market. However, the buying forces at the ending afternoon help the market not to decrease sharply.
Technical analysis
MWG_ Consolidation
(Please go to page 2 for buy/sell status of stocks and page 4 for Blue chip stocks information)