20180110_BSC_Vietnam Daily Review_EN_VN-Index Shaken_TA_HBC_ Continue to increase

Highlights
• The market gained quite well in the morning but stocks was sold in the afternoon, causing the market index to slow down.
• The leaders were VNM (+2.14 points), VRE (+1.96 points), PLX (+0.9 points), GAS (+0.7 points) and STB (+0.52 points).
• The laggards were MSN (-1.28 points), ROS (-1.1 points), HPG (-0.67 points), VCB (-0.66 points) and SAB (-0.35 points).
• Banking stocks were sold the most in the trading today. While in the opposite direction, Oil & Gas and Real Estate continued to boom and support to the increase momentum of the market.
• The order matching value of VN-Index today reached VND 8,155.3 billion. The trading range was 12.62 points. The market was positive today with 175 advancers / 126 decliners.
• Ending the trading session today, VN-Index gained 4.55 points, closing at 1038.11 points. Along with that, the HNX-Index fell 0.22 points to 121.93 points.
• Foreign investors today were net buyers of VND 632.8 billion on HOSE, focusing on HDB (VND 160.5 billion), VIC (VND 116.8billion) and DXG (VND 61.5 billion). In addition, they net sold 6.34 billion on the HNX.

Market Outlook
The trading session today has been fluctuating in terms of index, especially VN30-Index. The division in this group together with strong selling pressure at the afternoon made the market fall deeply. However, thanks to the strong cash flow to the small and medium stocks, VN-Index still increased. Oil & Gas and Real Estate were the two most active sectors today while the division was taking place in the other groups. BSC believed cash flow after focusing on the VN30 was trending to spread outside to the market. Stocks supported by positive information were attracting attention. Investors should keep their stock exposure and may consider short-term trading to boost up their earnings as foreigners net bought strongly in good fundamental stocks.

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