BSC - Vietnam Daily Monitor 2015.03.20 - Stock market might be challenged in the next week

Summary

The ETF's activities made the indices increase slightly with a surging surge.

The most gainers were securities stocks, such as BSI, HCM, SSI, etc. and real estate stocks, namely FLC, HDG, KBC, etc.

Recommendation

Despite the technical indicators showed the positive, we believe the results can be bias due to mutations of ETFs' transactions. In our point of view, the foreign capital flows are not really active in the short term. Hence, the market will likely continue to be challenging.

Investors should not rush back into the market. We recommend investors to monitor the movement of the promising basic stocks which have a positive expected Q1 results.

Short-term portfolio

We recommend to sell all of the shares in the short-term portfolio since the market trend might be not good in the coming time.