BSC - Vietnam Daily Monitor 2015.10.23 - The week ahead - Positive cumulation

Summary

Friday's session closed exciting, the VN-Index broke out the resistance of 600 points. The market sentiment is quite positive as various sectors increased positively. VIC and BVH are the 2 noticeable stock today. Meanwhile, foreign investors increased their buying value on three exchanges, especially the value of net buying on HSX.

Recommendation

The positive cumulative trend could be remained in the coming week. However the index likely to face challenge around the important psychological mark, while waiting for significant information to determine the next trend after this accumulation period. Investors should carefully observe, keep a reasonable level of stocks and consider partially profit taking in gaining stocks.

Risk loving investors might consider to increase stock weight during the down session.