BSC - Vietnam Daily Monitor 2015.10.21 - Various challenges ahead

Summary

Markets reversed at the end of the afternoon session. Both indexes closed with negligible decreases, although at daily low. Market sentiment remains stable, leaning towards negativity with more losing stocks than gaining ones. Automobile stocks were traded actively and made impressive increases today. Foreign investors increased their net buying on all 3 floors.

Recommendation

Beliefs about the breakthrough is not strong enough. Most likely, indexes continue to face challenges in the next session. This week’s trend is still sideways. Investors should carefully observe, keep a reasonable level of stocks and consider partially profit taking in gaining stocks.