BSC - Vietnam Daily Monitor 2015.11.30 - The margin pressure could be stronger

Summary

The stock indices had a similar scenario in the day of last week: fluctuating and falling sharply with a larger margin in the late afternoon. The number of declines rose on all 3 exchanges. Besides, foreign investors returned to buy net on the 3 floors thought domestic demand remains weak.

Recommendation

The fall has not diminished, and there is no positive signal. The upcoming market action largely depends on the next few days. If the decline momentum is not stopped, the selling pressure might increase due to the margin call. Adventurous investors should lower the proportion of stocks and observe.

Stock recommendations

Short-term portfolio: Cutloss CMS, VND, SD9 and IJC