BSC - Vietnam Daily Monitor 2015.12.30 - VN-Index to approach 580 points

Summary
Keeping the exciting motion, the indices all increased, particularly at the end of the day. Not only the large-cap stock, but also the mid-cap stocks had a good gains today.
Foreign investors increased their net buying value on 2 main exchanges, while sold on UPCOM.


Recommendation
Positive sentiment continued to spread, but the uptrend has not really clear. The rally force may decrease due to the increased selling pressure which probably increase when the VN-Index hit the resistance of 580 points. We remain the recommendation of buying for the medium-term goal. Short-term investors can partly take profit when the VN-Index move to 580 points, while wait and buy if the VN-Index dropped to a lower area.