BSC - Vietnam Daily Monitor 2015.12.23 - Retesting at 561 points

Summary Market sentiment is very weak, hence the indices fell in the majority of trading time. Liquidity shrank in session today. Market breadth was narrow, indicating the amount of losers overwhelmed across the floor. Foreigners were net buyers today.

Recommendation

Short-term prospects is unlit. The weak market sentiment could cause the index move around the threshold of the bottom of 561 points in the next session. Still, this could be a buying time for the medium-term objectives. Investors medium and long term continue to buy into the basic stocks in the declining session, and not to buy if the market rallies.