Daily Review

20190221_BSC_Vietnam Daily Review_EN_Surged at the closing session_TA_VGC_Breakout

  • Date

    21/02/2019

  • Language

    Tiếng Việt

  • Number of Downloads

    33

Detailed report

Highlights
• VN-Index gained positively in the morning session, in the afternoon session, the gaining trend was still improved, especially at the end of the session.
• Stocks contributed to VN-Index upward momentum including VHM (+6.43 points); VNM (+2.92 points); VIC (+1.84 points); VRE (+1.34 points); MSN (+1.31 points).
• Stocks made the market decline including EIB (-0.24 points); CTG (-0.22 points); VJC (-0.13 points); BVH (-0.12 points); DPM (-0.11 points).
• Cash flow focused on real estate and food & beverage stock, liquidity increased significantly compared to yesterday trading session.
• The matching value of VN-Index today reached VND 3,967.79 billion. Today's trading range is 17.26 points. The market has 123 gainers and 170 losers.
• At the end of today's trading session, VN-Index increased by 16.99 points, closing at 987.57 points. At the same time, HNX-Index decreased 0.19 to 106.11 points.
• Foreign investors today bought a net of VND 258.33 billion on HOSE, focusing on HPG (VND 74.05 billion), MSN (VND 53.32 billion) and SSI (VND 40.22 billion). In addition, they bought a net of VND 23.35 billion on HNX.

Market outlook 
VN-Index gained in the morning because of the strong buying force on real estate and food & beverage stocks like VNM, VIC, VRE and MSN. In the afternoon, the gaining trend improved, especially at the end of the session because of the large buying power focused on this group of stocks along with the rise of VHM. Foreign investors were net buyers and liquidity increased significantly compared to the previous session. In BSC's view, market sentiment is optimistic, foreign investors strongly invest in the same direction with the movement of foreign cash flow in the region supporting the uptrend of the market. However, the trend of hot growth, along with unclear information from the upcoming US-China trade negotiations, is making the market risk increase rapidly. Investors should cautiously observe and take advantage of price increase sessions to gradually reduce the proportion or restructure the portfolio.

Technical analysis
VGC_Breakout

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

icon BSC Trading icon BSC Smart Invest icon Online Support
Less
Short link