Tun t 21/12/2015-25/12/2015

TNG HP TH TRNG CHNG KHON TRONG TUN

Ch tiu
Ch s u tun
Ch s cui tun
Tng/ gim cui tun
T l tng/gim
Tng KLGD tun
T l tng gim
Tng GTGD tun
T l tng gim

n v
im
im
im
%
CP
%
T ng
%

VNI Index
568.18
567.67
-0.51
-0.1%
482
-20.8%
7,886
-33.6%

HNX Index
78.29
78.09
-0.2
-0.3%
205
-4.9%
2,172
-19.5%

BIN NG TH TRNG
Tun ny, th trng chung ng lot gim im vi thanh khon gim. Trong tun, cc nhm c phiu tr tr
nn phn ha, nhm MidCap v nhm Penny tip tc xu hng gim im, p lc bn rng ca khi ngoi gim,
xu hng ch o vn l Sidewaydown.
GIAO DCH CA NH U T NC NGOI
THNG K GIAO DCH CA NH U T NC NGOI TRONG TUN
100
48.45

38.63

50
12.55

6.49

5.38

3.88 4.36

8.7

0
Th 2
-50

Th 3

Th 4

Th 5

Th 6

-44

-100
-150
-200

-175.81
HSX

HNX

Trong tun ny, khi ngoi tip tc bn trn c 2 sn vi tng gi tr l 91.37 t ng. Nh u t nc ngoi bn
mnh phin th 2 ngy 11/12 vi gi tr hn 163,26 t ng. Trn HSX, cc m c NTNN mua mnh l SVC,
DXG, NCT, HAH, ELC trong khi bn SSI, GAS, PVD, MSN, HPG. Trn sn HNX, cc m c NTNN mua mnh l IVS,
VCS, VND, HLD, DXP v bn cc m PVS, DBC, VCS, HUT, NDN.

TIN TC NI BT TRONG TUN

TIN TRONG NC
- Vietstock: vn bn tr li va c pht i, Th tng nu r, do thu ngn sch kh khn trong khi nhu cu tng
chi ln, m bo cn i ngn sch, Nh nc nhng nm qua phi duy tr bi chi mc cao. T 2012 n
2014 u trn 5% v 2015 l 5% GDP. n ngy 31/12/2015, mc n cng d kin khong 61,3% GDP, n chnh ph
khong 48,9% GDP v n nc ngoi ca quc gia khong 41,5% GDP, trong phm vi quy nh.
Tuy nhin, d n cng nhng nhng nm qua tng thm khong 7% GDP t 2011 n 2015, do yu cu phi tng

vay u t kt cu h tng kinh t - x hi, vn bn tr li nu r. V nh hng giai on 2016 - 2020, Th tng

cho bit, d kin thu ngn sch thi gian ti khng tng t bin, trong khi nhu cu chi ngn sch phi tng ln tr
cc khon n n hn, u t c s h tng, bo m quc phng, an ninh trong tnh hnh mi v tip tc thc hin
tt cc chnh sch an sinh x hi.
- Cc thng k H Ni: Ch s gi tiu dng (CPI) thng 12/2015 gim 0.03% so vi thng trc. Tnh chung c nm
CPI H Ni tng 0.7%.Trong thng 12, c 7/11 nhm hng c ch s gi tng. Nhm bu chnh vin thng v gio dc
gi nguyn so thng trc khng tng v 2 nhm hng gim l hng n v dch v n ung (gim 0.05%) v nhm giao
thng (gim 1.45%)...Nhm hng c ch s tng cao nht l nhm nh , in, nc, cht t, VLXD (tng 0.47%), tip
n l nhm ung v thuc l (tng 0.17%), thit b v dng gia nh (tng 0.16%)... Trong thng Mi hai, ch
s gi vng gim nh (gim 3.67%) v ch s gi USD (tng 0.55%) so thng trc./.
- Cc thng k TPHCM: Ch s gi tiu dng ( P ) thng 12 ca Thnh ph gim 0,11% so vi thng trc. Tnh
chung c nm 2015, P ti Thnh ph u tu kinh t gim 0,2%. ng gp vo mc gim chung ca ch s gi tiu
dng thng 12 l 5/11 nhm hng c ch s gi gim. Trong , gim mnh nht l nhm giao thng vi mc gim
1,83%, m nguyn nhn ch yu l do tc ng ca hai t gim gi xng du ngy 18/11 v 3/12, cng thm vic gi
v t khch gim 4,43%. Nu so vi hi u nm, ch s gi nhm giao thng gim 10,98%, bnh qun mt thng
gim 0,98%. ng th hai v mc gim l nhm thit b v dng gia nh gim 1,23%. K n nhm vn ha
gii tr du lch gim 0,58%; nhm may mc m nn giy dp gim nh 0,01%. ng ch , trong thng 12, nhm hng
n v dch v n ung - chim t trng ln nht trong r hng tnh P cng gim 0,17%.
TIN QUC T
M
- Reuters: Ph Wall tng im 3 phin lin tip vo ngy th T nh tng mnh ca nhm c phiu nng lng
khi hi phc ca gi du gp phn gii ta tm l th trng trc L Ging sinh. Ch s S&P 500 tng 1.24%,
nng tng mc tng trong tun qua ln gn 3%, sau khi u m m cho thng 12. Vi phin khi sc ny, S&P 500
khi sc tr li trong nm 2015 vi mc tng 0.26% trong khi ch s Dow Jones li li 1.24%.Kt thc phin giao
dch ngy th T, ch s Dow Jones tng 1.06% ln 17,602.61 im, ch s S&P 500 tin 25.32 im ln 2,064.29 im
v ch s Nasdaq Composite cng 0.9% ln 5,045.93 im. y l phin th 9 lin tip, Dow Jones bin ng 3 con s
v t u thng n nay ch s blue-chip ny c 15 phin vi bin bin ng nh vy.
- Marketwatch: Hp ng du th tng lai tng gi trong phin giao dch kt thc sm ngy th Nm v khp
tun vi tng mnh khi lng d tr du ti M suy gim. Tuy nhin, nhin liu ny vn trn lao dc (nu tnh
theo thng v theo nm) khi i mt vi tnh trng d cung dai dng trn ton cu. Kt thc phin giao dch ngy th
Nm, hp ng du th ngt nh (WTI) giao thng 2 trn sn Nymex tin 60 xu (tng ng 1.6%) ln 38.10
USD/thng. Du WT tng vt 5.7%/tun, gip rt ngn st gim trong thng 12 xung cn 8.5%/thng. Hp ng
du Brent giao thng 2 trn sn London tng 53 xu (tng ng 1.4%) ln 37.89 USD/thng. Du Brent, cng l du
chun ton cu, tin 2.7%/tun nhng vn bc hi hn 15% so vi thi im cui thng 11. Cho ti nay, du WT
rt 28%/nm trong khi du Brent lao dc gn 34%/nm.
- Reuters: Hp ng vng tng lai gim gi 2 ngy lin tip vo ngy th T, khi ng USD tng mnh trc L
Ging sinh. Kt thc phin giao dch ngy th T, hp ng vng giao thng 2 li 5.9 USD (tng ng 0.6%) xung
1,068.20 USD/oz, sau st gim vo ngy th Ba. c bit, trc hp ng ny tng 2 phin lin tip.
EU
- CNBC: Theo cc nh u t v chuyn gia phn tch, nguyn nhn chnh buc cc ngn hng phi thc hin chnh
sch khc kh hn l do tng trng kinh t tr tr, cng ngh i mi v cc quy nh cht ch hn v vn. 10
ngn hng ln nht chu u cho bit h c k hoch ct gim hn 130.000 vic lm trong 6 thng cui nm 2015
trong mt n lc nhm y mnh ct gim chi ph, sp nhp v ti c cu. Mi y nht hi u thng 12/2015, ngn
hng H Lan Rabobank cho bit s ct gim 9.000 vic lm.
- Vietstock: K t nm 2013, Ngn hng Trung ng c (Bundesbank) tin hnh a vng t Paris (Php) v
New York (M) v tr s ngn hng ny thnh ph Frankfurt, song vn gi nguyn s vng ct gi trc
London (Anh). Trong hai nm u tin, c a tng cng 157 tn vng v kho Frankfurt. Trong nm 2015, cng
c nhiu tn vng c a v t nc ngoi, song v l do an ninh, Bundesbank khng tit l thng tin chi tit.
Ch tch Bundesbank, Carl-Ludwig Thiele, cho bit cui nm 2012, mi ch c 31% tng s vng, tng ng 1.036
tn, c ct gi Frankfurt.
-Vietstock: Khu vc s dng ng tin chung chu u (Eurozone) ng gii ngn 1 t euro cho Hy Lp. S tin
ny nm trong gi cu tr th 3 tr gi 86 t euro dnh cho quc gia ny trong 3 nm v c cc ch n quc t

thng qua hi ma H va qua. Theo ng Klaus Regling, ph trch ch bnh n chu u (ESM), Ban lnh o EMS
nht tr chi 1 t euro cho Hy Lp. Khon tin ny s gip Hy Lp thanh ton cc khon n, cp vn cho ngn sch
v ti tr cc d n.
CHU
- Bloomberg: NHTW Trung Quc (PBoC) ngy 23/12 cho bit s ko di thi gian giao dch Nhn dn t trn th
trng ngoi hi Thng Hi t ngy 04/01, mt bc i quan trng trong qu trnh ci cch nhm thu hp khong
cch gia t gi trong v ngoi nc. Theo cc chuyn vin giao dch, ng thi ny cng s cho php giao dch trn
th trng ngoi hi Trung Quc trng lp vi gi giao dch ti chu u trong mt n lc mi nht ca Bc Kinh nhm
quc t ha ng ni t ca nc ny. Cc chuyn vin giao dch cho rng Chnh ph Trung Quc ang c gng y
mnh vic s dng ng Nhn dn t nh mt ng tin d tr ton cu sau khi Qu Tin t Quc t (IMF) tuyn b
a ng tin ny vo gi SDR (Quyn rt vn c bit) ca t chc ny trong thng 11.
- CNBC: Tng thng Philippines Benigno Aquino k ban hnh ngn sch 3.002 t peso (63 t USD) cho nm 2016.
y l ngn sch ln nht trong lch s ca Philippines. Mc ngn sch trn tng 15,2% so vi 2.606 t peso (55 t
USD) ca nm 2015, theo tng chi cho c s h tng v quc phng. ng Aquino cho bit ngn sch dnh cho c
s h tng nm 2016 s chim 5% Tng sn phm quc ni (GDP), so vi mc 4% GDP ca nm 2015. Trong tng s
ngn sch, phn chi ln nht s dnh cho dch v x hi vi 1.106 t peso (23 t USD), tip n dch v kinh t bao
gm cc lnh vc nh h tng c s, nng nghip, giao thng vn ti v vin thng vi 829,6 t peso (17 t USD).
- Marketwatch: Ni cc Nht Bn va nht tr thng qua mc ngn sch 96,72 nghn t yen (gn 800 t USD) cho
ti kha 2016. y l mc ngn sch cao nht k t trc n nay, vt mc 96,34 nghn t yen ca ti kho 2015.
Theo , hnh ph Nht Bn s dnh khong 1/3 ngn sch ti kha 2016 cho an sinh x hi, trong ch trng gii
quyt vn t l sinh gim v tnh trng gi ha ang tng nhanh. Ln u tin ngn sch chi cho quc phng ca
Nht Bn vt con s 5 nghn t yen, t mc k lc 5.050 t yen (khong 42 t USD), tng 1,5% so vi ngn sch
quc phng ti kha 2015. y l nm th t lin tip Tokyo tng chi tiu quc phng.

NHN NH TH TRNG
CHART
VNI INDEX

HNX INDEX

Th trng chung tun qua tr li xu hng gim vi thanh khon gim. Trn sn HSX, nhm c phiu tr tip
tc phn ha khi GAS, MSN, PVD tng im, trong khi VNM, BVH gi gi quanh tham chiu cn FPT, KDC gim im.
Nhm chng khon (HCM, SSI, BVS) v nhm ngn hng (VCB, CTG, BID, EIB, MBB) tip tc xu hng gim im vi
thanh khon gim. Nhm c phiu bt ng sn (DXG, KDH, NLG, NTL) trong tun giao ng trong xu hng
sidewaydown l ch yu. Nhm c phiu u c chng kin s tng gi mnh m vi lc cu khe ca c phiu OGC .
Trn sn HNX, nhm c phiu du kh (PVC, PVS, PXS) bn gim, tuy nhin vn cha c tn hiu phc hi. Trn
phng din k thut, Vnindex giai on ny ch yu bin ng trong xu hng tch ly, cc ch bo k thut v xung
lng th trng MACD, RSI, ADX co hp v cha c tn hiu o chiu, nguyn nhn chnh vn l dng tin vn ng
ngoi th trng v cc c phiu tr vn tip tc phn ha. Xu hng tip theo ca Vnindex c th vn tip din xu
hng sideway vi vng bin ng 557-580 im.

Phng u t Ti chnh - PVIF

Thng tin trong bo co c ly t ngun m PVIF cho l tin cy v c xem xt cn trng. Tuy nhin, PVIF
khng chu trch nhim i vi tnh chnh xc ca cc thng tin ny.Bo co ny th hin quan im ca ngi vit
ti thi im lp bo co, c th thay i m khng cn bo trc. Bo co ch c tnh tham kho m khng c hm
khuyn ngi c mua, bn hay nm gi bt c chng khon no. PVIF khng chu trch nhim i vi bt c khon
l no pht sinh do vic ngi c hnh ng theo cc thng tin trong bo co gy ra.