Buying and selling stocks will be a tug of war.

(NLDO) - Some securities companies predict that investors will trade stocks modestly before there are clear supply and demand signals.

At the end of the session on December 2, the VN-Index only increased by 0.75 points (+0.06%), closing at 1,251 points.

Vietnamese stocks continued to be green at the beginning of the session on December 2, when some blue-chip stocks and public investment groups increased in price. However, due to increasing selling pressure, the prices of many stocks reversed and went down or fell back to the reference price.

The afternoon session did not improve as selling pressure continued to dominate and red tended to spread, causing the market to gradually lose momentum. Near the end of the session, tug-of-war periods appeared with more frequency. Some banking stocks increased in price and only helped the market regain an insignificant amount of points.

At the end of the session, the VN-Index only increased by 0.75 points (+0.06%), closing at 1,251 points. Liquidity decreased with 388.8 million shares matched on the HoSE floor.

Dragon Capital Securities (VDSC) forecasts that the market will continue to trade sideways in the near future, before there are clearer supply and demand signals. If supply increases again and dominates, the market will decline.

"Investors still need to observe supply and demand developments to assess the market situation. However, stock "surfers" can exploit some stocks that are gradually improving, considering recovery phases to take short-term profits" - VDSC recommends.

Meanwhile, VCBS Securities Company advised investors to take advantage of the fluctuations in each session to partially disburse stocks that maintain stable trends in the banking, fertilizer, retail sectors, etc.

Source: https://nld.com.vn/chung-khoan-ngay-3-12-mua-ban-co-phieu-se-giang-co-196241202170731149.htm