20180412_BSC_Vietnam Daily Review_EN_Petroleum as spotlight_TA_PVT_The transporter

Highlights
• The market recovered to the 1,170 points however, the liquidity was relatively low.
• The leaders were GAS (+2.81 points), MSN (+1.7 points), VIC (+0.97 points), HPG (+0.67 points), VRE (+0.56 points).
• The laggards were ROS (-1.25 points), VJC (-0.49 points); VCB (-0.4 points), HDB (-0.36 points), MBB (-0.27 points)
• Cash flow was focused in Petroleum stocks.
• The order matching value of VN-Index today reached VND 5,213.6 billion. The trading range was 19.38 points. The market recorded 157 gainers and 131 losers.
• Ending the trading session today, VN-Index rose 19.38 points, closing at 1,173.02 points. In addition, the HNX-Index increased 1.89 points to 135.63 points.
• Foreign investors today were net sellers of 61.58 billion on HOSE, focusing on VIC (VND 172.8 billion), VCB (VND 77 billion), VJC (VND 44.8 billion). In addition, they sold a net of VND 3.26 billion on the HNX.

Market Outlook
Those high-value stocks that fell deeply yesterday, such as SSI, VIC, and MSN rose in the last minutes, helped VN-Index recover nearly 6 points, returning to level 1,170 points. Cash flow tended to move toward the Oil and Gas sector in the political tensions situation in the Middle East, namely GAS was up 3.17%, PVD capped and PVS was up more than 7%. However, the VN Index did not really show the short term trend as the liquidity was low and the index closed below SMA (20). BSC believes that psychological caution before geopolitical tensions will continue to dominate the market. Investors should monitor the performance of the indicators and balance the margin since the market is not so clear.