BSC - Vietnam Daily Monitor 2015.10.02 - A week ahead - Seeking to Q3 earnings

Summary

Sideways trend continued. Two indices closed mixed today. Market sentiment was still quite hesitant, reflecting in the weakening of liquidity and market breadth. In Friday's session, foreign investors were net sellers on the HSX and HNX.

Recommendation

Sideways trend will likely continue in the coming weeks due to the absence of supporting information as well as the foreign investors' stock selling. The money flow will focus on a certain shares which have a positive expected Q3 earnings. Investors should maintain the ad·equate stock weights, focusing on the steady basic shares.