BSC - Vietnam Daily Monitor 2015.04.06 - To be under selling pressure tomorrow

Summary

The market closed at the lowest price of the day. VNM ETF Fund sold 200,000 fund certificates today in accordance with our statement last week.

Following last week, liquidity today (excluding transactions) fell quite on both floors, equivalent to 78% compared to last week.

Recommendation

We expect the market to release pressure from both domestic and foreign. Specifically, VNM ETF funds have the ability to continue selling tomorrow parallel to bottom 4th session last week on account.

We recommend that recommended caution investors continue to stay out of the market at this time.