Daily Review

20190325_BSC_Vietnam Daily Review_EN_Strong correction with the region_TA_DHC_Short-term breakout

  • Date

    25/03/2019

  • Language

    Tiếng Việt

  • Number of Downloads

    40

Detailed report

Highlights
• VN-Index gained slightly in the morning, in the afternoon session, the market continued to increase slightly.
• Stocks contributed to VN-Index upward momentum including HNG (+0.24 points); HAG (+0.1 points); YEG (+0.07 points); BIC (+0.04 points); HRC (+0.02 points).
VHM (+2.93 points); VIC (+1.55 points); GAS (+0.52 points); CTG (+0.45 points); VRE (+0.35 points).
• Stocks made the market decline including VIC (-3.3 points); VHM (-2.14 points); VCB (-1.58 points); VRE (-1.17 points); GAS (-0.99 points).
• Cash flow focused on communication stock, liquidity rebounded slightly compared to yesterday's trading session.
• The matching value of VN-Index today reached VND 3,616.56 billion. Today's trading range is 11.77 points. The market has 78 gainers and 236 losers.
• At the end of today's trading session, VN-Index decreased by 18.64 points, closing at 970.07 points. At the same time, HNX-Index decreased 1.68 to 106.41 points.
• Foreign investors today bought a net of VND 197.17 billion on HOSE, focusing on CTG (VND 52.88 billion), VCB (VND 51.17 billion) and HPG (VND 37.73 billion). In addition, they bought a net of VND 18.93 billion on HNX.

Market outlook 
The VN-Index in the morning fell sharply due to the selling force in the whole market, in which the largest ones were still in blue-chips such as VHM, GAS, and VIC. In the afternoon, the index saw a slight improvement on ATC session when there was a slight support in some large-cap codes like GAS, VHM, and VNM. From BSC's point of view, the Vietnamese market has a strong correction session in line with the adjustment of the regional market as well as the global market before unfavorable information about global economic growth when the market interest rate Bonds fell and information US and China continued to tense despite reaching some trade agreements. Although foreign investors continued to net buy, but not enough to pull the market ahead of negative information about the global economy. Investors should carefully observe world and regional economic and political developments.

Technical analysis
DHC_Short-term 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