Market Trends: Just a tiny scratch


 Vietnam stock market turn red on Tuesday session despite a well depart as some pillars reverse to plunge.  Ending the session, VN Index dropped 6.07 points (-0.41%) to 1,461.5. Liquidity remained at a high level with a trading value of VND 29,987 bn, equivalent to 1,030mn shares traded. Foreign investors had the second day of net buying in a row, with a net value of VND 63 bn.  GAS (-3.09%), MSN (-2.76%) and VCB (-1.12%) were the leading tickers causing VN Index to drop. Meanwhile, VHM (+0.73%), HDB (+2.59%) and DIG (+4.32) had a positive day and were the main factors lifting the index.  Agriculture, forestry, and fishery stocks had the best performance with an increase of +2.58%. In which, ASM (+2.34%), PSW (+4.59%), AND HAG (+6.84%) had the best gain.  The technical signals of VN-Index did not change much as the index only corrected slightly, while liquidity was still very abundant, showing that the situation is still positive. Looking at the medium and long term overall, today's session is probably a correction to accumulate. On the other hand, foreign investors' trade was still a great news as they maintained a slight net buying position on the HSX with the demand mainly on large-cap stocks in the VN30 basket.


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