BSC - Vietnam Daily Monitor 10.03.2015_Short-term correction has ended_Will the gasoline price increase

Summary

The selling pressure from foreign investors has reduced.

Banking stocks, especially VCB, helped general market increase.

Market breadth was significantly improved.

The VN-Index continued to receive the lower level 580-580 is the temporary support, we need to wait signs of recovery, the market may return to the old accumulative resion 590-595 formed from 2 weeks ago.

Recommendation

We believe that Vietnam stock market will rise tomorrow.

We continue to recommend that investors should remain a high stock proportion and open positions if the VN-Index moves to 580-584 pts.

Macro Views

Will the gasoline price increase?