20180816_BSC_Vietnam Daily Review_EN_Market recovery_TA_PVD_Complete cycle

Highlights
• The market fluctuated, decreased strongly in the morning session and recovered in the afternoon session.
• The leaders were CTG (+1.1 points); BID (+0.74 points); PLX (+0.72 points); MWG (+0.29 points); BVH (+0.28 points)
• The laggards were MSN (-0.54 points); GAS (-0.29 points); BHN (-0.16 points); ROS (-0.15 points); FPT (-0.15 points)
• Cash flow focused on commercial stocks and banking stocks.
 • The trading value of VN-Index in today session reached 3761.7 billion. The trading range was 17.19 points. The market recorded 133 gainers and 128 decliners.
• By the ending of the session, VN-Index increased 2.91 points, closing at 964.28 points. However, HNX-Index decreased 0.1 points to 107.92 points.
• Foreign investors today net sold 321.72 billion on HOSE, focusing on VIC (73.46 billion), VNM (61.9 billion) and SSI (39.94 billion). They also net sold 5.03 billion on HNX.
 

Market outlook
Investor psychology improved today as supportive news from the rise in confidence and the appearance of large cash inflow after over sell-off in yesterday session and strong buying force from the domestic investors, especially banking stocks, helped the market recover and increased slightly with liquidity slightly lower than yesterday. Foreign investors continued to be net sell in both VIC and VNM. BSC commented that the market is in a short-term recovery, investors should monitor market news and macro-economic news and limit trading.

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