Daily Review

20190418_BSC_Vietnam Daily Review_EN_Correction session_TA_TCM_ Short-term consolidation

  • Date

    18/04/2019

  • Language

    Tiếng Việt

  • Number of Downloads

    60

Detailed report

Highlights
• VN-Index gained slightly in the morning. In the afternoon session, In the afternoon session, the index dropped significantly.
• Stocks contributed to VN-Index upward momentum including VRE (+0.21 points); VNM (+0.11 points); VJC (+0.08 points); NVL (+0.06 points); BIC (+0.05 points).
• Stocks made the market decline including SAB (-3.09 points); VIC (-0.97 points); VHM (-0.81 points); MSN (-0.71 points); GAS (-0.7 points).
• The matching value of VN-Index today reached VND 2,765.7 billion. Today's trading range is 11.68 points. The market has 74 gainers and 214 losers.
• At the end of today's trading session, VN-Index decreased by 9.8 points, closing at 962.3  points. At the same time, HNX-Index decreased 0.68 to 105.75 points.
• Foreign investors today bought a net of VND 172.41 billion on HOSE, focusing on VRE (33.25 billion), VHM (29.35 billion) và VNM (29.27 billion). In addition, they bought a net of VND 4.07 billion on HNX.

Market outlook

VN-Index in the morning session continued to decrease compared to yesterday. Most of the market was in red, ending the pillar codes like SAB down by 6.4%, MSN by 2.3%, CTG by 2.1%. Closing the morning session, HOSE saw 59 gainers and 221 losers, VN-Index dropped 6.11 points (-0.63%), down to 965.99 points. In the afternoon session, a number of stocks declined sharply in the morning session showed signs of expanding the decline such as VIC and SAB. From BSC's point of view, the market is adjusting, market liquidity is lower than the previous session and still quite low compared to the average level, showing that the market's caution is increasing, Vietnam is in the same direction compared to the Asian market due to strong psychological selling from the end of the morning session to the beginning of the afternoon session due to the April maturity contract and the China-US trade agreement expected to be signed in May.

Technical analysis
TCM_ Short-term consolidation
(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