20160119_BSC_Vietnam Daily Review_EN_Hope back to the resistance of 543 points

Summary

The market recovered after the recent sharp decline. The index closed at the highest price of the day. It seems that bottom fishing activities yesterday had a considerable support to market sentiment. The green dominate the electronic board today. Still, foreign investors remain net selling.

Recommendation

Most likely, VN-Index continued to recover in the next session and vibrate around 543 points thanks to gains today. Investors should be careful since foreign investors have not terminate their net sales. Investors should reduce stock exposure because the decline risk possibly returns.