BSC - Vietnam Daily Monitor 2015.11.18 - VN-Index to retest the 600-point support (2)

Summary

The market traded in a balanced way on Wednesday, there are no shares presenting the leading role. Foreigners have been net sellers for six consecutive sessions on HSX.

Recommendation

The market continued correcting slightly in the context that some blue-chips temporarily lose their rising momentum. Selling pressure of foreigners can make the market continually decline in the next sessions. Risk-seeking investors can take positions when VN-Index fall to the support level of 595-600 points and consider quickly cutting loss if this index break down with large volume.