20160202_BSC_Vietnam Daily Review_EN_VN-Index to continue shaking

Summary

Stock indices declined for the second session of the week. Both VN-Index and HNX-Index decreased slightly at the close. Yet, UPCOM-Index had a recovery session. Oil stocks continued to fall. The market breadth weakened. Foreign investors remained net sellers on the HSX, net buyers on HNX.

Recommendation

The market is likely to continue shaking, the index fell with a margin amplitude. This could be an appropriate time for the medium-term stocks buying. Investors can increase the proportion of shares in down sessions and quickly take profits in up sessions, not need to chase high price in the rally