Stock market November 13: Large stocks continue to lead the market?

(NLDO) - Fluctuations from large-cap stocks have led the market trend. This trend may continue in the session of November 13.

At the end of the session on January 12, the VN-Index closed at 1,642 points, up 10 points (+0.63%)

Opening on November 12, VN-Index continued to increase from the first minutes thanks to the green color spreading in the banking group (VCB +2.1%, BID +1.8%, CTG +2.3%) and retail (MWG +3.2%, PNJ +2.7%). VN-Index quickly surpassed the 1,640 point mark after only 30 minutes of trading.

Notably, the Vingroup group maintained its leading performance with VIC (+4.1%), VHM (+2.9%) and VRE (+3.5%) all making breakthroughs. The essential consumer group also contributed significantly when VNM (+2.6%) and MSN (+1.9%) attracted strong cash flow.

Entering the afternoon session, profit-taking pressure increased in some large bank stocks, causing the VN-Index to narrow its range, falling to the 1,635-point area. However, bottom-fishing demand quickly entered the market, helping the VN-Index recover and close at 1,642 points, up 10 points (+0.63%).

According to Vietcombank Securities Company (VCBS), the uptrend is being reinforced by large-cap stocks. VN-Index is likely to challenge the 1,650-point peak in the next 1-2 sessions if the banking group and Vingroup maintain the uptrend.

The research team of the Securities Company believes that retail and consumer stocks are in a breakthrough phase. Investors can disburse to explore during corrections, prioritizing stocks with improved liquidity.

However, MB Securities Company warns of short-term risks from profit-taking pressure and exchange rate fluctuations. Investors should manage their exposure and avoid using high stock margin.

Source: https://nld.com.vn/chung-khoan-ngay-13-11-co-phieu-lon-tiep-tuc-dan-dat-thi-truong-196251112162056038.htm