BSC - Vietnam Daily Monitor 04.03.2015_Market may continually rises on Thursday

Summary

- VN-Index has finally closed higher than 600 pts since Dec 2014.

- Securities stocks rose sharply.

- Foreigners continued buying strongly on Vietnam market.

- Technical views: The VN-Index is facing tuhe resistance at 600 points and continue to conquer this level in the next session, when the demand is still maintained strong.

Recommendation

- We believe that the market will maintain the momentum in tomorrow.

- Investors who have already stocks in the portfolio, especially the basic stock may apply the purchase explosive momentum strategy to increase the position. For those who have not yet stocks, investors might consider the shaking rymths to open the position.