BSC - Vietnam Daily Monitor 2015.11.19 - Foreigners keep selling

Summary

Ttoday's trading session continued to be a psycho test for the market. Torned in the session, then closed down last session, the 2 indices fell slightly. The market breadth was fairly balanced. The advances of the day were mainly the speculative stocks. Foreigners were net sellers on the HSX, but they turned to buy on HNX.

Recommendation

The demand at low prices tend to strengthen, promising expectations of a recovery session if the market fell too deep. In the next session, stock indices will up to the movement of the large-cap stocks, and blue-chips. 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.