BSC - Vietnam Daily Monitor 2015.07.10 - Market might soon correct

Summary

Insurance stocks continued rising significantly on Friday. Market liquidity has been increasing. Market breadth was balanced with 205 advancers / 178 losers on both two exchanges.

Recommendation

The spread between the stock groups help us continue holding a positive view about market direction. But early next week, the market will most likely to shake because two ETFs may temporarily stop buying.

We recommend that investors should consider gradually buying stocks in the upcoming decelerations.