BSC - Vietnam Daily Monitor 2015.12.29 - Hoping for the rally tomorrow

Summary

The market performed quite well today; the market breadth improved sharply. The three indices rose from the second half of the morning session. Large-cap stocks continued to play a pivotal role, supporting market sentiment. Foreign investors were net buyers on HNX and UPCOM, and on HSX as well if excluding the selling value of MSN.

Recommendation

The market indices might move in the narrow range, and it is a good time to accumulate stocks fundamentals. This is the appropriate moment for mid-term investments. Investors consider to increase the stock weight in the declining session.