Stocks tomorrow, May 30: VN-Index may surpass 1,345 points

(NLDO) - In the trading session on May 29, although investors showed caution, the market still holds potential opportunities for those who are sharp and patient.

VN-Index ended the session on May 29 down slightly by 0.01 points (equivalent to 0%), closing at 1,341.86 points.

The Vietnamese stock market entered the trading session on May 29 with a slight green color, continuing the positive trend from the previous session. However, the rapid increase was restrained when the VN-Index hit the resistance zone of 1,348 points, causing the market to cool down and trade cautiously.

At times, the market turned red due to profit-taking pressure, but the supply force was not strong enough to cause great pressure, helping the VN-Index maintain a stable state near the reference level.

VN-Index ended the session down slightly by 0.01 points (equivalent to 0%), closing at 1,341.86 points. Order matching liquidity on the HOSE floor reached 894.9 million shares, down from the previous session, reflecting the hesitation of both buyers and sellers.

Some securities companies commented that the fluctuation range of stock groups was not too large. The real estate group became the focus with active trading and many codes recorded green, led by VRE and VHM. Meanwhile, industry groups such as transportation, technology, and oil and gas were in the red, with codes such as PLX under significant selling pressure.

According to Dragon Capital Securities Company (VDSC), VN-Index continues to fluctuate around the 1,340 point mark. The decrease in liquidity shows the caution of both buyers and sellers. However, the market still has a chance to overcome the resistance zone of 1,340 - 1,345 points if it absorbs profit-taking supply well.

In the trading session on May 30, the tug-of-war situation may continue, but if VN-Index successfully conquers the 1,340 - 1,345 point zone, the uptrend will be consolidated and expanded. "Investors can take advantage of price increases to take profits, especially with stocks that have reached the expected profit level" - VDSC forecasts and recommends.

Source: https://nld.com.vn/chung-khoan-ngay-mai-30-5-vn-index-co-the-vuot-moc-1345-diem-196250529170439549.htm