BSC - Vietnam Daily Monitor 2015.05.08 - Slightly increase in the next week

Summary

Decreased in the early morning, market indices soon turned back and maintain the green color in most of the time of the session.

The market breadth is positive today, especially the marketable stocks.

Foreign investors were net buyers in today's session.

Recommendation

The market is moving sideways as expected in our previous reports. We believe that the stock index will fluctuate with no specific trend in up to a half of next week since the market is currently lack of strong information.

We continue to recommend investors to reduce stock weight in the rally, while waiting for a buying chance in the correcting session which might occur 1 or 2 times in the upcoming sessions.