Daily Review

20160406_BSC_Vietnam Daily Review_EN_Indices to keep moving

  • Date

    06/04/2016

  • Language

    Tiếng Việt

  • Number of Downloads

    12

Detailed report

Summary
The market continues to recover, the investors' sentiment is also rising sharply after the boost in the afternoon. The indices gained, especially VN-Index and UPCOM-Index. Market breadth was increased, the high frequency trading stocks had a good growth in prices today.
Foreign investors sold a huge value of VIC on HSX. Basically, they are buying strongly on Vietnam stock market excluding the net sale of VIC.


Recommendation

The money is in a relatively stable market. Foreigners also accompany with local investor to buy the stock. This recovery phase may be the technical one, it's hard to say how long it will last. However, investors can take advantage of this time span, most likely to remain in the next session, to generate profits in the short term.

Investors can make purchases new shares when the market successfully conquers resistance at 570.

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