BSC - Vietnam Daily Monitor 2015.10.14 - The short-term correction keep continue

Summary

VN-Index reversed at the last minute while the other two Index were able to keep green. Large-scaled stocks belongs to SCIC’s divestment plan increased sharply. Foreigners were net buyers on both floors today.

Recommendation

The market in general is still in short-term correction. Information about SCIC divestment partly helped maintain the positive sentiment. The trend for longer term is still positive. Investors should consider increasing the stock proportion in portfolio in the upcoming correction sessions, and should pay attention to stocks with good expected earnings for the 3rd quarter