BSC - Vietnam Daily Monitor 2015.09.16 - An internal divergence inside VN-Index

Summary

BID was highly volatile after VNM ETF announced BID was no longer added on the list in this review period. In contrast, the market in general remains cautious with low liquidity and low price volatility.

Recommendation

The market’s trend is expected to be more transparent in the last session as news regarding the FOMC meeting is formally announced. Prudent investors should continue to stand out of the market. Adventurous investors can open buy positions and short-term transactions.