20170913_BSC_ Vietnam Daily Review_EN_Green dominating

Highlights
• VN-Index today opened quite successfully as the market rallied continuously in the morning, however, there were some corrections in the afternoon
• The biggest gainers included HPG (+0.7 points), PLX (+0.43 points), GAS (+0.36 points), MSN (+0.32 points) and MWG (+0.24 points).
• The biggest losers included VIC (-0.95 points), SAB (-0.72 points), NVL (-0.15 points), SBT (-0.07 points).
• Today's cash flow tended to weaken in the banking, securities and real estate sectors and spread over into a number of sectors especially Oil and Gas, Steel, Sea logistic, Fertilizer, Construction.
• The market liquidity continued to increase with the matching value of VND 3,561.9 billion. Today trading range was 3.99 points.
• Market breadth was positive with 175 gainers/ 99 losers.
• At the end of today trading session, VN-Index gained 2.84 points (0.36%), closed at 802.78 points, and HNX also increased 0.71 points (0.68%) to 104.43 points.
 

Market outlook
Today's market witnessed a fighting of blue chip stocks as the efforts to increase the index of HPG, PLX, GAS, and MSN were pulled down by VIC and SAB. However, speculative stocks today also had a good performance with the dominant of green, bringing many positive aspects. Increasing in market liquidity will also be a psychological support for investors. Investors should consider and make use of the upcoming ETF structure to continue to participate in the fundamental stocks and prospective market segments that are at attractive support prices with improved cash flows and rally in price.