BSC - Vietnam Daily Monitor 2015.12.18 - Technical rebounce on Monday

Summary

The market was quite calm before the wave of selling in the late minute relating to the ETF's portfolio restructuring. All 3 indices decreased, while the market breadth narrowed. Foreigners were net sellers on two main floors today.

Recommendation

The market seems to rebalance after the recent consecutive rally sessions. The indices could increase at the beginning of next week, however, it is difficult to increase sharply. Investors consider to buy in decline, sell in rally in the near future, avoid chasing excitement in the session.