20190114_BSC_Vietnam Daily Review_EN_Fluctuation around 900 _TA_ DIG_ Sideway

Highlight
• As soon as the market opened, VN-Index started falling and touched the bottom level of 897.18 at the afternoon session start. But at the session end, the decline was halted by bottom-fishing activities in some largecap stocks.
• Stocks mostly contributed to the index uptrend including VHM (+0.72 points); VNM (+0.54 points); VRE (+0.32 points); TPB (+0.30 points); VCB (+0.11 points).
• Stocks made the market decline including GAS (-0.88 points); BVH (-0.41 points); NVL (-0.34 points); MBB (-0.17 points); TCB (-0.16 points).
• Cash flow spread into Marine sectors, Textile and Garment sector and Manufacturing sector.
• The matching value of VN-Index today reached VND 1,929 billion. Today's margin trading range is 6.65 points. The market has 121 gainers and 162 losers.
• At the end of today's trading session, VN-Index dropped 0.91 points to close at 901.80 points. At the same time, HNX-Index dropped 0.29 points to 101.58 points.
• Foreign investors today bought  a net amount ò VND 39.15 billion on HOSE, focusing on VRE ( VND33.05 billion), POW ( VND 16.21 billion) and MSN ( VND 11.82 billion) and at the same time they also bought a net of VND 5.37 billion on HNX.

Market Comments
In the morning session, most stock groups declined except for the Marine sector (MPC, VHC, CMX ...) and Textile and  Garment sector(TCM, TNG ...) thanks to the CPTPP agreement officially took effect. In the afternoon session, bottom-fishing activities occurring in some blue-chips stocks such as VHM, VRE, and GAS have curbed the decline of VN-Index. However, market liquidity declined below VND 2 trillion, showing that the cautious sentiment is still dominating the market. From BSC's perspective, the market will fluctuate around 900 points when investors are waiting for information from the US-China trade discussion and the ending mark of the US government closing period.

Technical analysis:
DIG_ Sideway

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