Daily Review

20190508_BSC_Vietnam Daily Review_EN_Negative psychology_TA_HT1_Breakout

  • Date

    08/05/2019

  • Language

    Tiếng Việt

  • Number of Downloads

    61

Detailed report

Highlights
• VN-Index dropped slightly in the morning. In the afternoon session, continue the downward momentum.
• Stocks contributed to VN-Index upward momentum including GAS (+0.29 points); SAB (+0.12 points); NVL (+0.11 points); EIB (+0.07 points); PVD (+0.07 points).
• Stocks made the market decline including VHM (-2.3 points); VNM (-0.78 points); BID (-0.77 points); VCB (-0.55 points); HVN (-0.48 points).
• Cash flow focused on stocks of Insurance and Information Technology.
• The matching value of VN-Index today reached VND 2,461.6 billion. Today's trading range is 6.2 points. The market has 112 gainers and 163 losers.
• At the end of today's trading session, VN-Index decreased by 6.34 points, closing at 951.22 points. At the same time, HNX-Index increased 0.08 to 105.91 points.
• Foreign investors today sold a net of VND 155.14 billion on HOSE, focusing VHM (28.8 billion), VIC (18.76 billion) and VIC (15.89 billion). In addition, they sold a net of VND 11.34 billion on HNX.

Market outlook
VN-Index in the morning decreased slightly compared to yesterday, ending the morning session, VN-Index dropped 4.27 points or 0.45%. The stocks that pulled the market down the most were VHM, VCB, BID. In the afternoon session, the downward trend was still in the morning as stocks such as VHM, VNM, and BID continued to fall sharply as foreign investors continued to be net sellers on all three floors. It can be seen that the Vietnamese market in particular and the Asian market in general declined because investors' sentiment was negatively affected by the information that the US will raise taxes on Chinese goods starting from the day. 10/5. This is a period of stress, investors should reduce the proportion of list and investment carefully.

Technical analysis
HT1_Breakout
(Please go to page 2 for buy/sell status of stocks and page 4 for Blue chip stocks information)

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