BSC - Vietnam Daily Monitor 2015.12.31 - A week ahead-A probable fluctuation

Summary

The buying value on the large-cap stock relating to institutional portfolio increased dramatically in the last session of the year that helped the indices closing in positive status. VN-Index closed in the red with no significant margin, while the HNX-Index and UPCOM-Index had more positive gains. Market breadth was positive and the liquidity grew. Foreigners were net buyers on Vietnam stock market, mainly the MWG 's buying value on HSX .

Recommendation

This positive psychology could be extended to the first session of the new year. However, the increase will be modest because no positive factor is strong enough to support market sentiment. Investors consider reducing the proportion of the first session of the new year, taking profit the significant increased stock, and wait for redemption when the market corrects.