BSC_Daily report 06.01.2015_Rally will most likely continue rising and differentiate between stocks

The GAS, PVD, PVS have declined but VCB today stood out as a support pillar for the VN-Index. This helped the market sentiment improved significantly compared with the previous version although the world oil price movements are still negative and fell below the 50 area. The WTI oil prices fell 1.5% to $49.3 / barrel and Brent oil down to $52.3 / barrel. The performance today has shown that the impact of oil and gas group on the general market is reduced. Then if the big blue chips can alternately stand out as "pillars", the market will be more stable; investors’ sentiment can be improved. On that basis, the market has chances to go up gradually and the differentiation among stocks will be likely to occur in the context of forthcoming business results in Q4/2014.

Recommendation

Investors may consider increasing stock ratio in corrections, especially in the expected sectors such as power, construction & building materials (steel, cement, etc.)