BSC - Vietnam Daily Monitor 2015.11.10 - VN-Index to retest the supporting of 600 pts

Summary

The market indices slightly decreased due to the increasing selling pressure. The market breadth narrowed compared to that in yesterday. The blue chips kept fall, while the speculative stocks gaining that is similar to the market development in the previous day. Meanwhile, foreign investors returned to buy on the HSX, and remained the buying status on HNX and UPCOM.

Recommendation

The process of pulling, balancing after the recent Q3 earning results information will continue. Stock markets are likely to rebalance until the VN-Index back to the threshold of 595-600 points. Investors consider maintaining a reasonable stock weight, taking profits in the rallies and recovering in the down sessions.