BSC - Vietnam Daily Monitor 2015.10.19 - Hard to breakout - CMS, SD5 and CMG Updates

Summary

The stock market was up slightly in the first week, Vietnam Dairy Products JSC played the leading role in the VN-Index. Market sentiment was quite positive. Foreigners were net sellers today.

Recommendation

The market movement trend remains positive, the majority of indices continue to accumulate. However, the closer the VN-Index is reaching of 600 points, the profit taking pressure will increase. Investors should hold stock weight and consider to increase the stock weight in the portfolio during the corrections, and should pay attention to stocks with good expected earnings for the 3rd quarter.

Stock recommendations

Short-term portfolio: Buy CMS, SD5

CANSLIM portfolio: Buy CMG