BSC - Vietnam Daily Monitor 2015.12.22 - The money is weakening

Summary

Trading volume on the two exchanges was 130 million shares, down 23% compared to yesterday. Market breadth was negative with 156 gainers / 206 losers on both exchanges.

Recommendation

Short-term trading opportunities is not much because money is being withdrawn from the market, especially foreign capital flows. We continue to remain previous our view that the market will continue to trade sideways and no significant changes during the last year. Medium and long term investors continue to buy underlying shares in the down sessions, not need to chase high prices.