BSC - Vietnam Daily Monitor 11.03.2015_The support level of 580-584 is likely to sustain_NTP Update

Summary

The VN-Index and HNX-Index closed at their today lows.

Several large-cap stocks such as GAS, VIC, HPG and PVS declined.

PVB and MHC had large price volatilities today.

In the next session, a correction around the support is likely to continue to occur and not be able to recover quickly, if the demand was not really improved.

Recommendation

We continue to remain our previous recommendation. Accordingly, risk lovers consider opening position when the VN-Index moves to 580-584 points.

Stock Recommendation

Short-term portfolio: Open position in VIC

Company Update

NTP – Tien Phong Plastic JSC