BSC - Vietnam Daily Monitor 2015.10.15 - Reaching the milestone of 595 pts

Summary

The market sentiment was strenghthened thank to the rise of BVH and CTG. The HSX's movement improved, especially since the early afternoon. HSX's and UPCOM's breadth were fairly positive, HNX's one keep balance. Foreigners turned to sell on the HSX, while kept buying on HNX.

Recommendation

The index is likely to go into an accumulation status; the medium term trend is still positive. For VN-Index, 595 points is strong resistance which was established in the first half of 2015. Investors should consider increasing the stock proportion in portfolio in the upcoming correction sessions, and should pay attention to stocks with good expected earnings for the 3rd quarter

Company updates

HPG - Hoa Phat Group (HSX)