BSC - Vietnam Daily Monitor 2015.11.06 - Not easy to overcome 615 pts

Summary

Today is a cumulative version; however, the weaknes of other bluechips dragged the index into the red despite efforts to increase of VNM share. The number of declines increased, market breadth inferiored to that in the previous session. Foreign investors were net buyers on the Vietnam stock market today.

Recommendation

As stock indices' performance are now depending dramatically on several bluechips, the stock market will probably count on VNM, BVH, VCB, FPT, or VIC, etc. in the next session. Investors consider maintaining a reasonable stock weight, taking profits in the rallies and recovering in the down sessions. Investors should not to use margin at this time.