BSC - Vietnam Daily Monitor 2015.06.29 - Hard to soar tomorrow

Summary

The stock indices diverged today, VN-Index surged while HNX-Index closed down slightly. The supporting stocks were mainly banking, securities, construction and building materials stocks. Liquidity remained relatively stable and the market breadth was fairly balanced.

Recommendation

This rally session has been supported by the large-cap stocks, likely due to the transactions of foreign investors. The stock demand might not maintain strong; the indices might not increase well as today.

Investors should take profit in stocks which have increased significantly. Medium and long-term investors continue to hold and wait.