BSC_Daily report 09.02.2015_The VN-Index can get correction at its resistance around 575-580 pts

Liquidity continued to decline reflecting investors' sentiment before a long holiday. Meanwhile the 02 exchanges still have inconsistent movements. We believe banking stocks will be likely to get selling pressure in short term. The market trend will be more balanced if other stocks can rally instead of the banks only. The Vn-Index can get correction at its resistance around 575-580 pts, and then ranged for accumulating around 570-575 pts, the liquidity will remain low.

Recommendation

• Short-term: Investors should consider selling at resistance.

• Mid and long-term: Focus on the good fundamental stocks, continue accumulating in declined days.