Stocks tomorrow, July 22: Stock selling pressure may not stop

(NLDO) – In the trading session on July 21, investors aggressively sold stocks to take profits and this pressure is forecast to continue in the next session.

At the end of the session on July 21, VN-Index closed at 1,485 points, down 12 points (equivalent to 0.82%).

VN-Index opened on July 21 in an upbeat mood, rising 11 points at the start of the session. However, the index quickly fell below the reference level at the end of the morning session due to strong profit-taking selling pressure.

The recent market-leading sectors such as securities, banking, and real estate have begun to show clear signs of differentiation. Some large-cap stocks such as HVN, VIC, and FPT played a supporting role in the index, helping the VN-Index limit its decline.

In the afternoon session, VN-Index continued to fluctuate strongly, approaching the 1,490 point area. Increased selling pressure from large stocks such as VHM, TCB, and GEE, along with the adjustment of the Securities group, put great pressure on the general index.

At around 2:00 p.m., VN-Index recorded a recovery thanks to the leadership of banking codes such as VPB, SHB , along with HVN and FPT.

However, immediately afterwards, VIC shares suddenly suffered strong selling pressure, falling by 6%, negatively impacting market sentiment and causing the general index to drop sharply.

At the end of the session, VN-Index closed at 1,485.05 points, down 12 points (equivalent to 0.82%) compared to the previous session, marking the sharpest decline in over a month.

Vietcombank Securities Company (VCBS) commented that the market has dropped significantly after a series of hot days. Investor sentiment has become cautious as cash-flow-attracting sectors such as securities and real estate have been under strong profit-taking pressure, with an average decrease of over 3%.

According to Dragon Capital Securities Company (VDSC), the current correction is a reasonable scenario after the VN-Index's attempt to surpass the 1,500-point threshold. Although liquidity has decreased slightly, it remains high, indicating that profit-taking pressure is still present, while the supporting cash flow shows signs of cooling down. It is forecasted that the market may continue to correct in the session on July 22, but this may only be a rebalancing phase after the previous rapid increase.

VCBS recommends that investors carefully observe market developments in the coming sessions and limit buying at high prices. Opportunities for disbursement may appear in stocks with "unique stories" in the second half of 2025, especially when the market re-establishes equilibrium and volatility decreases. Stocks in the Banking and Technology groups such as VPB, SHB, or FPT may be the focus of attention.

Source: https://nld.com.vn/chung-khoan-ngay-mai-22-7-luc-ban-co-phieu-co-the-chua-dung-lai-196250721173154952.htm