20180107_BSC_Vietnam Daily Review_EN_Market sentiment improved_TA_GEX_Consolidation

Highlights
• VN-Index increased significantly in the morning and continued to increased in the afternoon.
• Stocks contributed to VN-Index upward momentum including VNM (+3.23 points); GAS (+1.06 points); BID (+0.79 points); MSN (+0.72 points); VIC (+0.39 points)
• Stocks made the market decline including NVL (-0.33 points); CTG (-0.23 points); HPG (-0.23 points); PME (-0.09 points); VCI (-0.07 points)
• Cash flow focused on services stocks and steel stocks, liquidity decreased slightly compared to the previous session.
• The matching value of VN-Index today reached VND 1743.6 billion. Today's trading range is 11.33 points. The market has 195 gainers and 95 losers.
• At the end of today's trading session, VN-Index increased by 8.74 points, closing at 889.64 points. At the same time, the HNX-Index increased by 1.08 points to 101.93 points.
• Foreign investors today sold a net of VND 44.51 billion on HOSE, focusing on VJC (VND 45.35 billion), VIC (VND 23.61 billion) and NVL (VND 9.5 billion). However, they bought a net of VND 10.17 billion on HNX.

Market outlook
The general excitement of the world market helped VN-Index in increase strongly in the morning session. The buying force focused strongly on Bluechips such as VNM. MSN, VRE, SAB, MWG, petroleum groups such as GAS, PLX, PVS and banking groups such as BID, VCB, CTG and TCB. In the afternoon session, the buying force was weaken and the index gained slightly compared to the morning session. The index struggled around 886- 887 with a remarkable gain of VIC and VHM and CTG strong decline. Foreign investors were net sellers today. From BSC's point of view, the market continued to have a positive recovery session as oil prices continued to recover, advances from the Sino-US negotiations and the possibility of slowing the interest rate hike from FED in 2019. Investors should monitor the world macroeconomic developments and market movements in the next sessions before considering opening trading position if the market breaks through the psychological milestone of 900 points and liquidity recovery.

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