Are stocks and real estate still attractive for investment?

At the end of the trading week from September 18 to September 22, the stock market closed at 1,193.05 points, down 1.62% compared to the previous session and marking the second consecutive week of decline for the VN-Index. The sectors with stocks that were sold off heavily in the last sessions of the week included securities, construction, residential real estate, etc., causing the VN-Index to drop more than 30 points at times, before recovering and closing below the 1,200 point threshold.

Many investors who have bought securities and real estate stocks in recent sessions have expressed concern, as many stocks in these industries have fallen continuously. In the last session of the week alone, securities stocks hit the floor in a row, including VIG, SBS, BVS, TCI, AAS, SHS, AGR, FTS, BSI, etc.

If calculated in the last 2 sessions of the week, SSI shares -10.56%; VND -10.69%; MBS, SHS both decreased about 11%; VCI, SBS decreased up to 12%...

Cổ phiếu chứng khoán, bất động sản còn hấp dẫn để đầu tư? - Ảnh 1.

Stocks, real estate hit the floor in the last session of the week

Similar developments occurred with residential real estate stocks when they hit the floor in the last session of the week from DIG, DXG, CEO, DPG, TCH...

However, according to experts, the current correction of the VN-Index will soon end and securities and real estate stocks still have opportunities in the medium and long term.

Sharing at the stock talkshow of Nguoi Lao Dong Newspaper with the topic "Exchange rate increases, stocks still fluctuate strongly?", on September 23, Mr. Nguyen The Minh, Director of Analysis and Research of individual customer products, Yuanta Vietnam Securities Company, said that one of the expected stock groups is still stocks, especially large-cap stocks.

One of the strategic stocks recommended by SSI Securities Company in September is HCM of Ho Chi Minh City Securities Company. The argument made by SSI analysts is that positive business results are forecast in the third quarter when market liquidity has clearly improved, contributing to positive after-tax profits.

In fact, the liquidity of the stock market has increased sharply in recent times, with trading sessions exceeding 1 billion USD on the HOSE floor alone, and there have been sessions with trading value exceeding 30,000 billion VND...

Regarding the residential real estate stock group, Mr. Tran Trung Kien, analyst, Analysis Department, VNDIRECT Securities Company, also said that the most difficult time of the real estate market has passed, although challenges still exist, so the market is expected to gradually warm up in the second half of 2024. Investors need to closely monitor the current situation of capital channels, legal procedures and the development of the social housing sector to assess the recovery of the real estate market in general.

In this context, synchronously removing bottlenecks is the key to the recovery of the real estate market. The government has been making efforts to introduce many policies affecting: capital channels, legal issues and supply-demand balance to support the market. However, experts from VNDIRECT believe that efforts need to be more drastic and synchronous to best support the market recovery in order to promote the housing segment linked to the real needs of home buyers.

"The real estate market will continue to be sluggish in the next year, and the recovery will gradually become clear from the second half of 2024. Investors should focus on reputable businesses that demonstrate their strengths in large land funds, have completed legal procedures and infrastructure, and are ready to launch for sale in the period 2023-2025. The products are developed towards the affordable segment with healthy finances," Mr. Tran Trung Kien analyzed.

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