20160411_BSC_Vietnam Daily Review_EN_VN-Index is likely to pass 580 thank to large-caps

Summary

The market rose sharply in the first day of week. The most advance are VIC, followed by BVH, GAS, MSN and VCB, that made VN-Index approach the resistance level of 580 points during the day. Investors' psychology were generally positive, especially on HSX and UPCOM. Foreign investors continued buying on the floor.

Recommendation

VIC has played pivotal role, inspire investors in today's session. In the next session, the market's upward momentum could continue to be maintained. VNM is the ticker that coul lead the market in the next few sessions. Investors consider decreasing the proportion of stocks in strong gain beats, limit buy on momentum by VN-Index still approaches the strong resistance of 580 points. Only buy in the reduction corrections.