With the market looking up after the Lunar New Year, investors are once again enthusiastic.

(NLĐO) - Despite strong net selling by foreign investors, the stock market still rose sharply today, raising expectations of further gains.

Following a sharp decline on New Year's Day, the stock market today, February 4th, "compensated" investors for their losses with a strong rally.

The VN-Index recovered strongly with bargain hunting for stocks. Large-cap stocks, especially those in the banking and securities sectors, played a crucial role in consolidating the market's recovery trend.

In the afternoon session, strong capital inflows into the market helped the VN-Index maintain its upward momentum and close at its highest level of the day. The VN-Index rose 11.65 points to 1,264.68 points; the HNX Index increased 3.12 points to 226.61 points.

Liquidity improved with total trading value on HOSE exceeding 15,300 billion VND, indicating a more positive investor sentiment. Stocks contributing significantly to the increase included CTG, HPG, TCB, VCB, MBB, etc.

Despite foreign investors continuing to net sell over 940 billion VND on the HOSE exchange, the market still saw 361 stocks rise, 50 stocks remain unchanged, and 106 stocks fall.

The stock market was in positive territory today, raising expectations for further gains tomorrow.

Commenting on tomorrow's trading session, February 5th, Mr. Vo Kim Phung, Head of Analysis Department at BETA Securities Company, said that although market sentiment has stabilized and the recovery trend is spreading, investors still need to maintain caution. While some stock groups are attracting capital, massive disbursements could pose risks as the market has not yet truly confirmed a sustainable trend.

"The sensible strategy at this stage is to gradually invest in stocks with solid fundamentals, good liquidity, and those benefiting from positive macroeconomic factors. Foreign investors are continuously withdrawing capital, putting pressure on the market, which could affect investor sentiment. Therefore, instead of chasing high prices, investors should prioritize corrections to accumulate quality stocks," Mr. Phung said.

Experts from Vietnam Construction Securities Company (CSI) also noted that liquidity was a significant highlight today, with trading volume far exceeding the 20-day average (up 36.2%), signaling the return of large capital flows. Investors should continue to hold their portfolios and can confidently gradually increase their holdings in stocks that are showing profits after today's surge.

SHS Securities Company believes that in the short term, the market is under significant pressure from the global market as technology and telecommunications stocks are undergoing a correction, experiencing heavy selling pressure with a rather sudden increase in liquidity. However, the intrinsic quality of the VN-Index is improving well, with many stocks and groups of stocks showing quite outstanding Q4/2024 business results. Many stocks are at relatively attractive price levels compared to their intrinsic value and medium- to long-term growth prospects, making them suitable for accumulation.

Source: https://nld.com.vn/chung-khoan-ngay-mai-5-2-khoi-sac-sau-tet-nha-dau-tu-lai-hao-hung-196250204173759012.htm