BSC - Vietnam Daily Monitor 2015.11.02 - It's just a profit-taking session

Summary

Rising in early morning, Vietnam stock indices suddenly dropped. At closing, all of them closed at the lowest price of the day, especially HNX-Index. Foreigners were net sellers on the HSX, however their value trading which exclude the sale of HAG is still buying. They bought on both HNX and UPCOM exchanges.

Recommendation

The market is still in a state of accumulation. It could decrease more due to the momentum of selling pressure. However, this decrease might dimming soon. Investors should take profits gradually in the rally and increase stock weight in the down session.

Stock recommendations

Short-term portfolio: Buy VND, SD9

CANSLIM portfolio: Buy CHP