Daily Review

20160324_BSC_Vietnam Daily Review_EN_UPCOM is really booming

  • Date

    24/03/2016

  • Language

    Tiếng Việt

  • Number of Downloads

    7

Detailed report

Summary
Cash flow continues to pour into UPCOM exchange with large values in many recent sessions, even higher than the HNX's values in today's session. The heat remains on the HSX, though, the two VN-Index and HNX-Index adjusted at the end of the session. The breadth on HSX and HNX narrowed, while the UPCoM was still very active.
Foreigners were net sellers on the HSX, net buyers on the remaining two exchanges.


Recommendation
VN-Index fell close to the threshold of 570 points which is the psychological support. Investors should be prepared for the scenario of a deeper fall if VN-Index loss 570 points level.

Investors narrow the list while the market correct to the support 570 points.

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