Daily Review

20190201_BSC_Vietnam Daily Review_EN_Taking profit sentiment before Tet holiday_TA_TCM_Uptrend

  • Date

    01/02/2019

  • Language

    Tiếng Việt

  • Number of Downloads

    44

Detailed report

Highlights
• VN-Index fluctuated and decreased slightly in the morning session and the decrease improved in the afternoon session.
• Stocks contributed to VN-Index upward momentum including BVH (+0.74 points); TCB (+0.74 points); CTG (+0.45 points); EIB (+0.43 points); BHN (+0.38 points)
• Stocks made the market decline including VIC (-4.95 points); VCB (-0.33 points); HPG (-0.25 points); PLX (-0.15 points); VRE (-0.14 points)
• Cash flow focused on manufacture business and service stocks, liquidity increased slightly compared to the previous session.
• The matching value of VN-Index today reached VND 2448 billion. Today's trading range is 5.29 points. The market has 182 gainers and 92 losers.
• At the end of today's trading session, VN-Index decreased by 1.98 points, closing at 908.67 points. However, the HNX-Index increased by 0.46 points to 103.34 points.
• Foreign investors today bought a net of VND 170.5 billion on HOSE, focusing on SCS (VND 128.87 billion), VNM (VND 60.54 billion) and VRE (VND 59.38 billion). They bought a net of VND 4.88 billion on HNX.

Market outlook
In the morning session, VN-Index fluctuated and decreased slightly due to profit-taking of bluechips such as VHM, VIC, HPG and banking stocks such as VCB, TCB, VPB. In the afternoon session, the index shook and saw a slight drop comparing to the morning because the selling force increased strongly in VIC in ATO session. Foreign investors saw a strong net buying and liquidity improved today. In BSC's view, the market has a slight correction with strong profit-taking sentiment. Investors should monitor macro movements in the Tet holiday before opening investment positions in the beginning of the lunar year.

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

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