Daily Review

20190222_BSC_Vietnam Daily Review_EN_Increased slightly at weekend_TA_VCB_Breakout

  • Date

    22/02/2019

  • Language

    Tiếng Việt

  • Number of Downloads

    22

Detailed report

Highlights
• VN-Index gained in the morning, in the afternoon session, the gaining trend dropped, the index only gained slightly.
• Stocks contributed to VN-Index upward momentum including VCB (+2.14 points); GAS (+1.22 points); CTG (+0.79 points); HPG (+0.77 points); VRE (+0.71 points).
• Stocks made the market decline including VHM (-3.67 points); VIC (-1.36 points);  MSN (-0.46 points); BID (-0.26 points); SAB (-0.19 points).
• Cash flow focused on basic resources and cars & spare parts stock, liquidity increased slightly compared to yesterday trading session.
• The matching value of VN-Index today reached VND 4,295.31 billion. Today's trading range is 10.3 points. The market has 144 gainers and 152 losers .
• At the end of today's trading session, VN-Index increased by 1.34 points, closing at 988.91 points. At the same time, HNX-Index increased 0.7 to 106.82 points.
• Foreign investors today bought a net of VND 61.07 billion on HOSE, focusing on VNM (VND 57.99 billion), MSN (VND 39.08 billion) and SSI (VND 37.37 billion). In addition, they bought a net of VND 8.75 billion on HNX.

Market outlook 
VN-Index gained in the morning because of the strong buying force on blue-chips such as VCB, GAS, VRE and HPG. In the afternoon, the gaining trend dropped, because the large selling increased, focusing on VHM, VIC and MSN. Foreign investors were net buyers and liquidity increased slightly compared to the previous session. From BSC's point of view, market sentiment continues to be optimistic, the market rallied slightly, continued to diverge when the number of stocks increased less than the number of decliners. Investors should cautiously observe and take advantage of price increase sessions to gradually reduce the proportion or restructure the portfolio when the recent uptrend is quite hot, along with unclear information from the US-China trade negotiations are about to take place, making the market risk increase rapidly.

Technical analysis
VCB_Breakout

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

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