Daily Review

BSC - Vietnam Daily Monitor 2015.11.11 - Retesting the support level of 600 pts

  • Date

    11/11/2015

  • Security code

  • Company

  • Language

    Tiếng Anh

  • Number of Downloads

    61

Detailed report

Summary

The VN-Index and HNX-Index could not closed in the green at the end of today session, simultaneously, trading volume was down 18% compared to yesterday. Selling pressure of foreign investors has not been tensioned.


Recommendation

Cash flow is still weak. The market will probably continue declining to support levels 595-600. This downtrend is likely to stop when leading shares back to drive the market. Risk-seeking investor can take positions in the down sessions and quickly take profit in the rallies.

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