BSC - Vietnam Daily Monitor 2015.07.24 - Accumulating in next week

Summary

VN-Index adjusted at the last minute, but the full-room stocks including VSC, TCM, MWG and BMP, had strong gains. Meanwhile, the HNX-Index rallied in the session with weakened width. Foreigners were strong net buyers on the HSX and net sellers on HNX.

Recommendation

The market maintains its positive status and the divergence will occur more strongly in the near future. However, positive factors from foreign investors have subsided significantly, which may affect the positive trends mentioned above. Investors should focus on the stocks with positive market news or high expectations for quarterly earnings results.