Daily Review

20190306_BSC_Vietnam Daily Review_EN_Accumulate below 1000 points_TA_SAB_Double bottom

  • Date

    06/03/2019

  • Language

    Tiếng Việt

  • Number of Downloads

    31

Detailed report

Highlights
• VN-Index dropped in the morning, in the afternoon, the index improved, ending the session with a slight increase.
• Stocks contributed to VN-Index upward momentum including VHM (+0.51 points); PLX (+0.47 points); VIC (+0.19 points); MSN (+0.17 points); BID (+0.15 points).
• Stocks made the market decline including VNM (-0.63 points); NVL (-0.59 points); GAS (-0.58 points); VCB (-0.56 points); VPB (-0.15 points).
• Cash flow focused on Oil & gas and Medical stock, liquidity decreased compared to yesterday's trading session.
• The matching value of VN-Index today reached VND 3,457.85 billion. Today's trading range is 8.98 points. The market has 175 gainers and 126 losers.
• At the end of today's trading session, VN-Index increased by 2.04 points, closing at 994.49 points. At the same time, HNX-Index increased 0.24 to 108.48 points.
• Foreign investors today bought a net of VND 73.27 billion on HOSE, focusing on PLX (VND 27.1 billion), HPG (VND 18.28 billion) and VHM (VND 12.86 billion). In addition, they bought a net of VND 12.17 billion on HNX.

Market outlook 
VN-Index dropped in the morning because of the large selling pressure on blue-chips such as VNM, GAS, VCB and NVL. In the afternoon, the index improved, because the selling dropped sharply on this group of stocks along with the large buying power in large-cap codes like VHM, PLX and MSN. Foreign investors were net buyers and liquidity decreased compared to the previous session. From BSC's point of view, the market continues to fluctuate below the level of 1000 points. Although there was a slight increase, the liquidity decreased, making the market still more risky. Investors should be cautious to invest in this area when the market lacks new supportive information along with clear rising signs.

Technical analysis
SAB_Double bottom

(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