BSC - Vietnam Daily Monitor 2015.03.17 – The indices might increase tomorrow - KDC updates

Summary

Technical rebounce has occurred on Tuesday as we noted yesterday. Both VN-Index and HNX-Index gained slightly.

Foreigners back to buy nearly VND 1 billion (net value). They were net buyers on HNX and net sellers on HSX.

Recommendation

We believe that the market will continue rising tomorrow due to investors’ sentiment is improving after today rally. However, supply of domestic investors is still strong, and the market will continue to be in stable direction.

We recommend investors quickly taking profit the profitable stocks and consider buying shares in the declines.

Company Updates

KDC – Kinh Do Corporation (HSX)