20160323_BSC_Vietnam Daily Review_EN_Investors should keep their eyes at 580 pts

Summary
Vietnam's stock market had an exciting trading day despite the tumble in other countries. The two main indices rose slightly, while the UPCOM-Index boomed dramatically. The four stocks including GAS-MSN-MAR-BID led the HSX movement; the three ones as PVS-DGL-KLS surged on HNX, and MSR-VEF soared dragging the UP-COM performance. The market breadth was positive today.
Foreign investors remained net buyers in Vietnam, mainly focusing on HSX.


Recommendation
Despite the market developed positively in the session today, we believe that the indices are still in the process of testing the psychological movement. VN-Index will continue to fluctuate in the range of 570-580 points in the next session.

Cautious investors in the transaction process as the market approaches the resistance level near 580.