BSC - Vietnam Daily Monitor 06.03.2015_Slight decline might persist

Summary

- Vietnam to hike electricity price by 7.5% on March 16.

- The market declined in the morning session and recovered in afternoon session.

- Stocks which benefited from euro depreciation traded positively.

- The technical indicators corrected, the market to check the level 600 and failed today.

Recommendation

- Risk lovers who have high cash position can wait a decline to open long position. Stocks which we continue to be interested in include real estate stocks (VIC, DXG), cement shares (BCC, HT1) and NT2.