Bank and real estate stocks continue to attract cash flow?

At the end of the session on August 12, the VN-Index decreased by 1.2 points (-0.1%), closing at 1,282 points.

Continuing the upward trend from the previous session, Vietnamese stocks continued to be green when entering the trading session on August 22. However, the upward trend quickly stopped and retreated at the 1,288 point area of the VN-Index.

At the end of the session, VN-Index decreased by 1.2 points (-0.1%), closing at 1,282 points.

In this session, demand focused on a number of banking and real estate stocks, helping to limit the market's decline. Accordingly, the stocks that had a positive impact on the stock indexes included: SSB (+4.85%), TCB (+1.59%), CTG (+1.17%),... Therefore, many investors expect this trend to continue in the next session.

Dragon Capital Securities Company (VDSC) believes that if cash flow continues to support, the market will head towards 1,305 points in the near future.

"Investors can consider corrections to buy stocks with positive developments. However, stock players need to limit buying when stock prices have increased, consider good price areas to sell for profit" - VDSC recommends

However, Asia Commercial Bank Securities Company (ACBS) has a different perspective. Specifically, in the session of August 22, investors traded in a narrow range and ended the previous 4 consecutive sessions of increasing points. The selling pressure focused on stocks with good price momentum in recent sessions, including many large stocks in the banking industry such as VCB, MBB...

"In the coming time, the market is likely to adjust from the resistance zone of 1,280 - 1,300 points, bringing the VN-Index back to the 1,250 point zone, creating an opportunity for investors to accumulate stocks" - ACBS forecasts.

Source: https://nld.com.vn/chung-khoan-ngay-mai-23-8-co-phieu-ngan-hang-bat-dong-san-tiep-tuc-hut-dong-tien-196240822183851792.htm