20160118_BSC_Vietnam Daily Review_EN_The market to decline tomorrow

Summary

Rumors of stopping the real estate loans made investor sentiment worsen, the market fell sharply in early trading and led the call margin pressure increase. Market breadth was negative. Foreigners were net sellers on the HSX decrease, while net buyers on HNX back.

Recommendation

The market may recover after the recent sharp drop. However, investors should note that the recovery (if any) is not reliable due to the lack of supporting information. Adventurous investors might consider the moment to open the position. Prudent investors should reduce the proportion of shares to preserve the portfolio.