20160922_BSC_Vietnam Daily Review_EN_ Maintaining the upward trend

Highlight

The market maintained the uptrend that has formed since the beginning of the week, with the rising trend and positive demand for most large-cap stocks evenly. This created the foundation for majority of stocks increasing on today's session. However, profit-taking pressure in the end of the session reduced the increase of the market today. Compared to the previous trading session, the VN-Index has increased by 2.9 points, equivalent to a rise of 0.43%, and reached 671.38 points; the HNX-Index rose 0.05 points, equivalent to 0.06%, and reached 83.3 points.

Market commentaries

The market becomes more exciting because the demand from domestic investors and the return of cash flow of foreign investors from basic stocks and large caps. Market index is still closer to the previous high of 680 points area. Investors can take partial profit taking stocks of portfolio; shares were bought earlier in the week and make repurchase the stocks that have the positive in the last months of the year, in the market correction of the next session, the lower support at 670 points.