BSC - Vietnam Daily Monitor 2015.04.21 - Foreign investors probably buy till the end of the week - PLC, MBB Updates

Summary

Short-term profit taking has caused the market closed in the red.

Foreign investors were net buyers for the 9th consecutive session on both exchanges.

Recommendation

The stock indices might fluctuate in the next session but will soon recover. Basically, the positive point is the return of foreigners yet, the market sentiment is still affected by the possibility of short-term adjustment of bank and Oil & Gas stocks.

We recommend investors to take profit bank stocks and turn to real estate, securities, and technology stocks.

Macro views

The economic news in April from Hanoi