Get the stock 19/6: "Not possible to conclude bottom"

► Bloomberg said introducing and investment recommendations of a number of companies on the stock market performance on 19/6 ...

According to BVSC, investors should prioritize cash holdings and continue to take advantage of the rebound of the session to reduce the proportion of market shares.

Bloomberg said introducing and investment recommendations of companies on the stock market performance on 19/6.

Trading session on 18/6, snapping sharply decline, VN-Index recovered slightly with an increase of 0.36 points to 498.88 points. Similarly, the HNX-Index regained recovery session at 0.17 points and 64.99 points.


  Commentary Recommendation


FPTS market will remain difficult in the sensitive resistance, vibration may appear more affected by investors' short-term profits. We believe that investors can buy the shares at the time of adjustment of market, prioritization of basic shares rose more or less fell on the attractive price.


BVSC selling pressure from investors in the country is not really large, the acceptance of risk has not yet appeared, but the net sellers of foreign investors is a barrier to the ability of the market to recover. Should prioritize cash holdings and continue to take advantage of the rebound of the session to reduce the proportion of market shares.


The new MBS index temporarily halted while technical indicators still signal that should not be concluded reduce market bottom. Investors should still proceed with caution.


  In short, should take advantage of the recovery session to balance the portfolio at a safe level, depending on the level of acceptable risk.

Priority shares have not increased much

(The FPT Securities Joint Stock Company - FPTS)

"Version recovery day 18/6 can be considered positive when the supply - demand balance signs back multi-session series earlier adjusted continuously. Evolutions quite exciting deals in large capitalization stocks with existing cash flow is always reflected in the market liquidity remained quite still rising wave of support for the index.

However, the difficulties of the market has not completely terminated when foreign investors will likely continue to restructure their portfolios in the direction of stronger versions of the rest of the week and this will make the stock split became more pronounced.

On the other hand, investor sentiment remains concerned by the impact of the lack of positive information announced. Therefore, we evaluated the market trend in the short term may not really optimistic and investors should remain cautious, especially with stocks likely to be sold out by ETFs.

The market will remain difficult in the sensitive resistance, vibration may appear more influenced by investors taking profit on short-term, however, as the market has pretty much reduced from the peak price , we believe that investors can buy the shares at the time of adjustment of market, prioritization of basic shares rose more or less fell on the attractive price. "

Should prioritize cash holdings

(JSC Vietnam Securities - BVSC)

"Evolution today showed selling pressure from investors in the country is not really large, the acceptance of risk has not yet appeared, but the net sellers of foreign investors is a barrier to regeneration recovery of the market. Although in the short-term equilibrium has appeared, but the lack of information to support this equilibrium is difficult to maintain.

With a cautious view, we believe that investors should prioritize cash holdings and continue to take advantage of the rebound of the session to reduce the proportion of the market share. "

No conclusions can market to bottom


 (JSC MB Securities - MBS)

"The market closed slightly higher after falling sharply yesterday. Two indices forming small candle body that buying and selling is temporary equilibrium.

Technical indicators are noticeable today's HNX-Index PSAR. PSAR reversal above the price line, signaled down. The new index temporarily halted while technical indicators still signal that should not be concluded reduce market bottom. Investors should still proceed with caution. "


Long-term market outlook is positive
 
(The BIDV Securities Joint Stock Company - BSC)

"On the technical side, the market is gradually regain balance after the asymptotic support. However, the net selling by foreign investors and portfolio restructuring that ETF has somewhat decreased demand or in more conservative states.

Although market prospects in the medium term do not change, but in the short term, investors can take advantage of the recovery session to balance the portfolio at a safe level, depending on the level of acceptable risk.

In case the market corrects further, long-term investors have the advantage to choose good stocks underlying the long-term market outlook is we maintain a positive attitude. "

* Market outlook of the company Bloomberg quoted securities is only valuable as a source of reference information. The securities firm may have a conflict of interest with investors when making comments.