23,753,600 Unmatched bid volume (shares)

Transcription

1 Thursday, October 17, 213 HSX HNX VN Index % HNX Index % Trade Volume (shares) 68,958,65 Trade Volume (shares) 23,356,89 Trade Value (VND bn.) 882 Trade Value (VND bn.) 18 Unmatched bid volume (shares) 23,753,6 Unmatched bid volume (shares) 26,29,111 Unmatched ask volume (shares) 29,424,36 Unmatched ask volume (shares) 27,942,11 Up 142 Down 69 Unchanged 68 Up 116 Down 55 Unchange 211 Price chart Price chart TOP VOLUME TOP VOLUME Sym. Ref. Close % Volume % Sym. Ref. Close % Volume % ITA ,417, SHB ,94, PVT ,894, SCR ,69, HAG ,75, PVL ,468, KMR ,632, VCG ,331, 5.76 OGC ,59, KLS ,29, TOP VOLUME BY FOREIGNER TOP VOLUME BY FOREIGNER Buy Sell Buy Sell Sym. Volume % Sym. Volume % Sym. Volume % Sym. Volume % CTG 961, KTB 3, SHB 1,517, PVS 357,4 53. KBC 955, HAG 232, PVS 126,7 6. DBC 9, GMD 473, GAS 221, ACB 91, 4.31 VGS 9, HAG 468, SVC 136, PVX 84,4 4. PVC 6, 8.91 VCB 415, HPG 13, SDH 5, 2.37 VNR 18, FOREIGN SENTIMENT FOREIGN SENTIMENT //213 /11/213 /14/213 /15/213 /16/ //213 /11/213 /14/213 /15/213 /16/ Buy Sell Total market volume Unit in million shares Buy Sell Total market volume Unit in million shares

2 MARKET COMMENT Market watch On HOSE, VN-Index declined.13 point (-.3%) to points with 2.17 million units, valued at VND19.43 billion. Then VN-Index quickly returned going in the continuous order-matching thank to the pillared codes. In the second-half of morning, many large- and small-cap stocks jumped strongly; this fact dragged VN-Index 4 points to nearly the 5-point level. Liquidity on HOSE also continued to be improved compared to the previous session. Ending the morning, VN-Index rose 3.95 points (+.8%) to points. In the afternoon, trading activities on HOSE still happened very excited. Especially, HAG code was bought strongly by foreigners and increased by over 4% to above VND22,. VNM, GAS and MSN stayed at the reference price, while other blue-chips surged VND3-VND8 thank to the demand force of foreign investors. VN-Index sometimes overcame the 5-point level but the strong selling-pressure made VN-Index down. Closing the market, VN-Index added 3.24 points (+.65%) to points. Total matching volume on HOSE reached 69.9 million units, valued at VND954.3 billion; in which the put-through trading accounted for.77 million units, equal to VND46 billion. ITA and PVT had the largest matching volume on HOSE with 5.4 and 3.9 million units, respectively. On HNX, HNX-Index also rose.36 point (+.6%) to points with 25.6 million units, worth VND191.6 billion. The pillared codes on HNX stayed at the reference price or increased by VND-VND3. AAA, KLF, PGS and FIT increased slightly, while PVL and IDJ jumped to the ceiling price without unmatched ask volume. SHB led in liquidity on HNX with 2.9 million units, followed by SCR and PVL with 1.6 and 1.5 million units. Foreign investors were still net buyers with VND73.99 billion on HOSE and VND7.35 billion on HNX. UPCoM-Index lost.2 point (-.5%) to 4.54 points. Market Commentary Maintaining the same fashion as in previous days, stocks opened weak and traded in a tight band around neutral line in first half of the day. However, rising demand for many pennies continued to be a sport for the market. Among stocks with the most advances, infrastructure, real estate and marine transportation symbols accounted for a large part. It was noticed that although many of them saw both rising selling and buying power, many others lacked both sellers and buyers, a favorable condition for biased prices. The market tended to show more short trends, both and down, lately, and it is expected to be a dominant tendency in this period.

3 Technical analysis VN-Index still increased but it closed below the 5-point level. This fact showed the strengthening of sellingpressure at the resistance of 5-point level. VN-Index needs to overcome the area of 5-53 points to consolidate for the current ward trend. Many positive signals have appeared after VN-Index had second consecutive increased session in this week. The matching volume continued to rise to 68.9 million units proving that the money flow to returned the market. Meanwhile, MACD moved to 3.52 level and sported for the ward trend. If VN-Index overcomes the 53-point level in coming sessions, the speculators can consider accumulating more stocks. On the contrary, if it does not cross such the resistance, investors should reduce stocks in the portfolio and stay out of the market. Resistance 1:497 Resistance 2: 513 Sport 1: 48 Sport 2: 44 Technical signal for trading Price crossed above EMA () Price crossed below EMA () Code Exchange Price EMA () Code Exchange Price EMA () HAG HOSE GAS HOSE PVT HOSE PPC HOSE GMD HOSE VIS HOSE.3.7 ITA HOSE MSN HOSE CTG HOSE KLF HNX RSI (14) oversold RSI (14) overbought Code Exchange RSI Code Exchange RSI ITQ HNX VCB HOSE 7.22 MIM HNX FIT HNX 7.13 KAC HOSE 29.8 TCM HOSE VSG UPCOM KMR HOSE TNB UPCOM PVC HNX 7.1

4 Vietnam Top Brokerage to Issue 25.2M Bonus Shares Ho Chi Minh City Securities Corporation (HCM), which held the largest brokerage market shares on Vietnam s two bourses, has decided to issue 25.2 million shares for bonus giving on record as of Oct 29. The bonus shares will be given to existing shareholders at a 1-for-4 ratio, the Hochiminh Stock Exchange said on its website. HCM s equity stood at VND2.12 trillion ($.5 million) at the end of June. The company made an audited net profit of VND123.8 billion on revenue of VND billion in the first half of this year, down 24.5% and 11.6% on year, respectively. The six-month earnings per share was VND1,231. HCM shares gained 1.3% to VND23,4 each at Wednesday break time. (hsx.vn Oct 16) Viet Capital Fund Finishes Dissolution on Oct Vietnam Capital Fund (VCF), run by Vietnam Capital Asset Management, completed its dissolution on Oct after six years of operation, local media cited the State Securities Commission as saying. VCF, which had a registered capital of VND792 billion ($37.5 million), started to dissolve on Dec 28, 212. (Cafef.vn Oct 16) Vietnam Infra Developer CII Targets Net Profit of VND215.4B in 214 Ho Chi Minh City Infrastructure Investment JSC (CII), among the blue chip companies on the HCM City bourse, targets a net profit of VND215.4 billion ($.16 million) next year. Revenue is projected to reach VND87.8 billion in 214, CII said in a statement sent to the bourse, adding that the company will pay a dividend of 12% of the par value. CII made a net profit of VND billion ($5.54 million) on revenue of VND33.39 billion in the first nine months of this year, excluding profit of its affiliates, down 46% and 2.6-fold on year, respectively. Economic and corporate highlights On October 15, the company inaugurated Saigon Bridge No 2 worth VND1.5 trillion in HCM City. The 987.3m long, 23.5m wide, four-lane bridge, linking Districts 2 and Binh Thanh, was built under the BT (build-transfer) form. CII stock soared 4.17% to VND17,5/share at 11:25 am local time on October 16. (hsx.vn Oct 15) Vietnam Plastic Firm BMP Posts Jan- Sept Pretax Profit of VND367B Binh Minh Plastic JSC (BMP), among the leading plastic products producers in Vietnam, said it made a pretax profit of VND367 billion ($17.31 million) in the first nine months of this year, rising 5.2% from a year earlier. Revenue increased 12.5% on year to VND1.54 trillion during the period, the Dau Tu Chung Khoan newspaper reported on October 16. In the third quarter, BMP earned a pretax profit of VND9 billion on revenue of VND484 billion. Saigon Securities Inc. (SSI) forecast that BMP would make a pretax profit of VND499 billion in 213 and the full-year earnings per share of VND8,23. The brokerage maintained the target price of BMP shares at VND82,9 each. BMP stock fell 1.99% to VND74,/share at 2: pm local time on October 16. (Dau Tu Chung Khoan Oct 16 p5) Vietnam Taxi Operator VNS Jan-Sept Net Profit Surges 64% to VND167B Vietnam Sun Corporation (VNS), listed on the Hochiminh Stock Exchange, said it made a net profit of VND billion ($7.87 million) in the first nine months of this year, excluding profit of its affiliates, a 64.4% rise from a year earlier. Revenue increased 16.46% on year to VND2.27 trillion during the period, VNS A 41.56% fall in financial costs contributed to the growth in the company s profit. In the third quarter, VNS earned a net profit of VND72.36 billion on revenue of VND billion, 67.9% and 16.55% on year, respectively. VNS stock stayed flat at VND5,/share at 11;2 am local time on October 16. (hsx.vn Oct 15) Vietnam Gas Trader CNG Posts Net Profit of VND95B in 9 Months CNG Vietnam JSC (CNG), an affiliate of PetroVietnam Gas Corp., said it made a net profit of VND94.63 billion ($4.46 million) in the first nine months of this year, 3.34% from a year earlier. Revenue rose 24.77% on year to VND78.94 billion during the period, CNG In the third quarter, CNG earned a net profit of VND28.21 billion on revenue of VND billion, 8.26% and 23.62% on year, respectively. CNG stock rose by 1.94% to VND31,5/share at 11;25 am local time on October 16. ( Vietnam Seed Producer NSC Jan-Sept Net Profit +21% to VND78.5B National Seed JSC (NSC), listed on the Hochiminh Stock Exchange, said it made a net profit of VND78.49 billion ($3.7 million) in the first nine months of this year, excluding profit of its affiliates, rising 21.3% from a year earlier. Revenue increased by 5.54% on year to VND4.42 billion during the period, NSC The nine-month earnings per share was VND7,826. In the third quarter, NSC earned a net profit of VND24.34 billion on revenue of VND1.67 billion, 39.49% and 14.28% on year, respectively. Its total assets fell 1.13% from end-212 to VND388.4 billion while its equity was VND billion at end-sept. NSC stock decreased by.63% to VND79,/share at 2:5 pm local time on October 16. ( Oct 16)

5 DISCLAIMER: This report is not directed to, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation or which would subject SBBS to any registration or licensing requirement within such jurisdiction. The information, tools and material presented in this report are provided to you for information purposes only and are not to be used or considered as an offer or the solicitation of an offer to sell or to buy or subscribe for securities or other financial instruments. On the other hand, SBBS may trade for its own account as a result of the short term trading suggestions of analysts and may also engage in securities transactions in a manner inconsistent with this research report and with respect to securities covered by this report, will sell to or buy from customers on a principal basis. Before acting on any recommendation in this material, you should consider whether it is suitable for your particular circumstances including your tax position, your regulatory environment and the nature of your other assets and liabilities. This material is based on information and opinions that have been obtained or derived from sources believed by SBBS to be reliable, but SBBS does not warrant their accuracy or completeness and they should not be relied on as such. SBBS accepts no liability for loss arising from the use of the material presented in this report. SBBS may have issued, and may in the future issue, other reports that are inconsistent with, and reach different conclusions from, the information presented in this report. Information, opinions and estimates contained in this report reflect a judgment at its original date of publication, are given in good faith by SBBS and are subject to change without notice. Some investments discussed in this report may have a high level of volatility experiencing sudden and large falls in their value causing losses when that investment is realized. Where an investment or security is denominated in a different currency to the investor s currency of reference, fluctuations in rate of exchange may have an adverse effect on the value, price or income of or from that investment to the investor. Recipients who are not market professional or institutional investor clients of SBBS should seek the expert legal and financial advice of their independent financial advisor prior to taking any investment decision based on this report or for any necessary explanation of its contents. All material presented in this report, unless specifically indicated otherwise, is under copyright to SBBS. None of the material, nor its content, nor any copy of it, may be altered in any way, transmitted to, copied or distributed to any other party, without the prior express written consent of SBBS. Copyright 28 SaigonBank Berjaya Securities Joint Stock Company. All rights Reserved. RESEARCH DEPARTMENT SAIGONBANK BERJAYA SECURITIES JSC Level 5&6, 2C Pho Duc Chinh Street, District 1, Ho Chi Minh City, Vietnam Tel: (84 8) Fax: (84 8) Web: