(NLĐO) - Selling pressure on stocks is quite strong; securities companies recommend investors wait for the market to recover before deciding to trade.
At the close of trading, the VN-Index settled at 1,304 points, down 7 points, or 0.55%.
Stocks opened higher on March 5th, driven by banking stocks and some large-cap stocks like VIC, VHM, and VRE. However, selling pressure soon emerged, causing the market to reverse and decline.
Entering the afternoon session, selling pressure from profit-taking was quite strong. The number of declining stocks reached 343 units, overwhelmingly outweighing the 128 stocks that remained in the green. Trading volume continued to be high at 22,000 billion VND.
At the close of trading, the VN-Index settled at 1,304 points, down 7 points, or 0.55%.
VCBS Securities Company believes that profit-taking pressure is quite strong and is overwhelming demand for shares. The market may experience a correction in the following sessions.
However, the company advises investors not to "chase" when stocks fall sharply, but to wait for rebounds in each trading session before deciding to trade. When the market reaches equilibrium, they can consider buying new shares.
Meanwhile, Rong Viet Securities Company (VDSC) suggests that investors should consider market corrections to accumulate shares at good prices, prioritizing those stocks that have shown positive performance recently.
Source: https://nld.com.vn/chung-khoan-ngay-mai-6-3-khong-nen-ban-duoi-co-phieu-196250305171410877.htm
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