BSC - Vietnam Daily Monitor 2015.10.30 - The market is having a consensus of gain

Summary

Trading activities on Friday were relatively balanced. Bank stocks supported the market. The index continued to accumulate with a slight increase. The positive point is the net purchase of foreign investors, with a significant amount on HSX.

Recommendation

Market’s short term momentum continue to be strengthened. The medium-term remained positive. In the next sessions, in case there is no influential information, the index will continue to consolidate at the current price level. Investors should maintain the proportion of stocks at a reasonable level, taking profit in increasing sessions and increasing stock proportion during decreasing ones.