20180824_BSC_Vietnam Daily Review_EN _ Forming price base _TA_ VCG_ Require accumulation

Highlights
• VN-Index fluctuated in a narrow band around the reference level.
• The leaders were PLX (+0.85 points); GAS (+0.66 points); BID (+0.37 points); NVL (+0.28 points); HPG (+0.17 points)
• The laggards were VCB (-0.67 points); BVH (-0.63 points); VIC (-0.60 points); VNM (-0.50 points); VHM (-0.33 points)
• Cash flow was contributed by VN30 and some construction stocks such as CTD, VCG
• The order matching value of VN-Index today reached VND 3,668.8 billion. The daily trading range was 6.3 points. The market recorded 158 gainers and 131 losers.
• Ending the trading session, VN-Index dropped 0.31 points, closed at 987.05points. In contrast, the HNX-Index gained 1.1 points to 111.62 points.
• Foreign investors today were net sellers of VND 46.1 billion on HOSE, with VIC (VND -62.7 bn), VHM (VND -28.5 bn) and VCB (VND -23.5 bn). At the same time, they net bought VND 42.65 billion on the HNX.

Market outlook 
In this trading day, most of stocks were in fluctuation range around the reference level because they were approaching close to the strong resistance, especially banking group. Oil & Gas group gained very good especially in big stocks such as PVS, PVD. The market situation is rather slow and diversification is a positive signal in the current period. BSC maintained a positive view on the market in the coming time as the index reacted positively to the bad news.

Technical analysis
VCG_ Require accumulation
(Please go to page 2 for buy/sell status of stocks and page 4 for Blue chip stocks information)