BSC - Vietnam Daily Monitor 2015.12.11 - Lack of leading factor

Summary

Market breadth was positive with 260 advancers / 147 losers on both exchanges. Foreign investors have been net buyers for 2nd consecutive sessions on HNX.

Recommendation

The market is being supported at the level of 561 points. Impact of event that Fed may rise USD interest rates was partly reflected in the stock price. The market is likely to flat and may create short-term bottom at around 561 points. Risk-seeking investors can buy stock in the down sessions. Medium and long term investors could gradually take position in fundamental shares.