After 4 consecutive weeks of decline with exhausted liquidity, VN-Index had a positive recovery week and closed at 1,635 points, up 2.27% compared to the end of last week and above the psychological support level of 1,600 points. VN30 Index also ended the week up 2.57% to 1,871 points.
Market breadth recovered positively, most industry groups increased in price after the adjustment and accumulation period. In many groups, insurance, oil and gas, agriculture , retail, securities, chemicals, construction, industrial parks... many codes increased in price well with positive liquidity.
Market liquidity decreased, trading volume on HOSE decreased by 21% compared to last week, showing strong differentiation, improved cash flow, rotation to good fundamental stocks, with positive business results. The negative point last week was still the net selling momentum of foreign investors, with more than 2,280 billion VND on HOSE - the 16th consecutive week of net selling.
Many investors expect the market to continue recovering after the "loss-bearing" period. In fact, many people say their accounts and investment portfolios are in the red, ranging from 20% to 30%.

Investors wait for a breakout session to confirm the uptrend is back
Mr. Dinh Viet Bach, analyst at Pinetree Securities Company, said that the recovery momentum last week was due to two pieces of information related to the market upgrade: the National Assembly set a GDP growth target of 10% or more in 2026 and some positive moves by FTSE Russell and Vanguard regarding investment in the Vietnamese stock market after the upgrade.
Cash flow has clearly shifted from pillar stocks to small and mid-cap stocks that were once quiet, such as oil and gas, chemicals, fertilizers, industrial parks, etc. On the contrary, large-cap stocks that led the previous uptrend have traded less actively, especially Vin, banks, and securities.
"Although foreign investors are still net sellers, market sentiment has been more stable this week as the VN-Index has had four consecutive recovery sessions and closed the week around 1,635 points. Next week, the market is waiting for a momentum breakout (FTD) session to confirm whether the VN-Index can enter a new uptrend or not? If a positive scenario occurs, the group of stocks that have the opportunity to lead will be mid-cap" - Mr. Bach expressed his opinion.

While foreign investors are net sellers, domestic institutional investors are net buyers. Source: CSI
According to SHS Securities Company, the short-term trend of VN-Index after the downward adjustment period is to recover and accumulate again. The factor to note is that liquidity is not really positive and the market is still under pressure to fluctuate and adjust to retest the support zone around 1,610 points. With the expectation of receiving new capital flows from investment funds, especially after FTSE Russell announced the list of stocks meeting the standards after upgrading, VN-Index can continue to recover. This is a good direction for investors to consider when allocating and increasing the proportion.
Regarding specific groups of stocks, CSI Securities Company believes that investors can buy with a small proportion when the general market has a correction and gradually increase when there is profit in industries with medium capitalization, which have made strong breakthroughs in the past week such as oil and gas, chemicals, retail, construction...
Source: https://nld.com.vn/ngat-mach-giam-sau-chung-khoan-lieu-co-phien-bung-no-tuan-toi-19625111611132316.htm






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