BSC - Vietnam Daily Monitor 2015.04.24 - The positive trend is continuing - Macro updates

Summary

Market sentiment became slower in the last sessions of April, the matched volume on both exchanges continued to decline compared to the previous trading session.

The market focus on the energy stock in the recent sessions thank to the recovery of oil price. Besides, share price of corporation which had mutation earnings also increase.

Basically, foreign investors keep buying in this session, extending to a row of 12 consecutive sessions of net buying.

Recommendation

We continue to maintain a positive view on the market on Monday next week. The recent positive point which is the net buying momentum of foreign investors will likely lengthen after the holiday.

We recommend investors to maintain equity in the general portfolio.

Macro Updates

National CPI slowed in April. TPP negotiation updates on 24/4.