BSC_Daily report 07.01.2015_Investors' sentiment will continually get better_Comments on the SBV’s reference exchange rate increase

The market has got strong differentiation today, the blue chips rose while mid-cap and small cap adjusted. The the oil and gas group’s immunity from the world oil prices decline can be considered as a good sign; because if the world oil prices stop falling, the oil and gas stocks will be likely to rebound, at least in the short term. As we have comment in the previous daily report, when the big blue chips can alternately stand out as "pillars", the market will be more stable; investors’ sentiment can be improved.

Recommendation

The market situation today is still following in the scenario we expected, therefore our investment advice should be preserved. Investors may consider increasing stock ratio in market corrections.