Stock market on November 14th: VN-Index needs more time to break through.

(NLĐO) – Capital is concentrated in certain groups of stocks, meaning the market needs more time to establish a sustainable upward trend.

At the close of trading on November 13, the VN-Index closed at 1,631 points, down 0.42 points (-0.03%).

The morning session on November 13th started positively with the VN-Index rising slightly by 2.63 points (0.16%) thanks to strong buying pressure on key stocks such as VIC, MSN, and MWG. However, the upward momentum soon slowed down, with the index fluctuating within a narrow range of +/- 5 points.

In the afternoon session, selling pressure intensified from the banking sector (SHB , TCB), Vingroup real estate, and securities, pushing the VN-Index below 1,630 points within the first 30 minutes. Fortunately, strong buying pressure returned towards the end of the session, focusing on stocks like SHB, VIC, and TCB, helping the market narrow its decline.

At the close of trading, the VN-Index settled at 1,631 points, down 0.42 points (-0.03%), marking the third consecutive session in which the index fluctuated within a narrow range.

According to Rong Viet Securities Company, liquidity on November 13th decreased slightly, indicating that supply has not yet exerted significant pressure. Investors are likely to trade cautiously in the next session. During this process, if the supporting capital flow is maintained and there is an action to absorb the supply, the market could create a new upward wave.

However, VCBS Securities Company believes that the VN-Index is currently in a consolidation phase, retesting the supply and demand of stocks around the 1,630-1,650 point range. Capital flows are clearly diversified, concentrating on stock groups that have not seen strong upward momentum recently, such as the oil and gas, livestock, and shipping sectors.

Given the current market conditions, VCBS Securities recommends that investors prioritize short-term investments, selectively choosing stocks with signs of increasing demand and making small disbursements during market fluctuations. Some notable sectors include construction, oil and gas, and chemicals.

Source: https://nld.com.vn/chung-khoan-ngay-14-11-vn-index-can-them-thoi-gian-de-but-pha-196251113170734616.htm