20160623_BSC_Vietnam Daily Review_EN_Looking for the vote result_Company updates and TA APC

Highlight

Optimism has helped global stock markets recovered since Monday, including Vietnam market. Today, the rise was more notable as VN-Index surpassed the resistance at 630 pts along with better liquidity. But when most of the market underestimated the possibility of Brexit, an unexpected result would cause a more serious impact than usual. Today, the votes for remain according to the survey was higher, but not overwhelming, and the campaign is still continuing. A day before the referendum, British Prime Minister Cameron still went to Birmingham to call for remain vote. Therefore, cautious was not useless.

Recommendation

While the key markets in the world are traded in cautiousness and trading volume remains low (such as the US market with the S & P 500 and Dow -0.27% -0.2%, Nasdaq -0.22% Germany -0.53%, -0.21% France) to wait for the results from Proposed referendum on United Kingdom membership of the European Union, VN stock market enjoyed positive session especially at the end of the trading session, volume increased. Proposed referendum on United Kingdom membership of the European Union will end at 22:00 BST 23.06 corresponding to 4:00 on 24.06 in VN and the preliminary results will be released about 4 hours later. VN stock market is expected to move corresponding to result from Brexit and will be more exciting. The market today trading activities was quite active and VN-Index closed above 630 after 4 attempts to conquer this resistance but retreat in recent 1 month. However, a negative result from Brexit is likely to negatively make the market more volatile in the short-term, so investors are recommended to hold the safe weights of stocks in the portfolio and wait for result before deciding to open new positions.

Company Updates - APC - An Phu Irradiation Jsc. (HOSE)

Technical Views - APC - An Phu Irradiation Jsc. (HOSE)