At the end of the session on May 19, VN-Index stopped at 1,296 points, down 5 points, equivalent to 0.39%.
Opening with a decrease of nearly 8 points, the general index was under great pressure from the adjustment of the blue-chip group, especially the codes FPT , LPB and VPL.
However, the green color from some large stocks such as VPB, TCB and the breakthrough of Vingroup stocks, especially VIC and VHM, helped the market narrow the decline and temporarily surpass the 1,300 point mark in the morning session.
In the afternoon session, VN-Index maintained a slight green color in the first 30 minutes, but selling pressure suddenly increased, causing the index to slide and close below the reference level. Although VIC maintained its ceiling price (+7%), this code was not enough to support the market. Notably, foreign investors sold strongly at the end of the session with a net value of VND568.14 billion, focusing on codes such as VHM and MSN.
At the end of the session on May 19, VN-Index stopped at 1,296 points, down 5 points, equivalent to 0.39%.
According to Rong Viet Securities Company, market liquidity decreased compared to the previous session, reflecting the cautious sentiment of cash flow. It is expected that VN-Index will continue to be supported at the 1,290 point area in the next session and is likely to recover slightly thanks to bottom-fishing demand.
In the context of market fluctuations, VCBS Securities Company recommends that investors realize profits from stocks that have increased sharply in price in recent times. At the same time, stock "players" can take advantage of fluctuations in each session to consider disbursing stocks in industries that attract cash flow such as real estate, public investment, banking, etc.
Source: https://nld.com.vn/chung-khoan-ngay-mai-20-5-co-hoi-hien-thuc-hoa-loi-nhuan-196250519170650638.htm
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