VN-Index heads towards 1,270 points, stocks are the top choice for investors.

The flow of money into the VN-Index is trending upwards again, as many female investors express expectations for a brighter stock market this year.

Continuously increasing sharply

The stock market is returning to a vibrant state, continuously rising sharply from last week to now, gaining more than 50 points. The VN-Index closed the March 5th session at 1,269.98 points, approaching the 1,270 point mark.

VN-Index tăng dài, lấy lại niềm tin cho các nhà đầu tư nữ- Ảnh 1. — The market has been soaring since last week (Source: SSI iBoard)

With the real estate market still quite sluggish, gold prices soaring and fraught with risks, and savings interest rates at rock bottom, Ms. Nguyen Thi Nga (47 years old, Thanh Xuan District, Hanoi ) believes that the stock market is her top investment channel this year.

"After disbursing funds for real estate projects, I decided to enter the stock market and started saving money last year. But now, interest rates are too low, and the stock market is going up, so I decided to withdraw all my savings to invest more capital in the stock market. So, about 40% of my assets are in the stock market," Ms. Nga shared.

In fact, the flow of money into the market is showing signs of a strong comeback. On the HOSE exchange alone, liquidity is maintained at 19,000 - 22,000 billion VND, returning to the level before September 22, 2023. Furthermore, on March 5th, the money flow on HOSE increased significantly, reaching nearly 26,000 billion VND.

According to securities firms, this indicates that investor sentiment towards stocks has become more positive and they have greater confidence in the market.

On the VN-Index, positive performance was evenly distributed across various sectors, with different groups taking turns leading the market, such as: securities, banking, steel, real estate, chemicals, and seafood.

Stock groups that strongly influence the index.

VN-Index tăng dài, lấy lại niềm tin cho các nhà đầu tư nữ- Ảnh 2. — The upward momentum has prevailed throughout the past 7 sessions (Source: SSI iBoard)

Having considered withdrawing from the market last year, after much deliberation, Ms. Thanh Huong (29 years old, Hanoi) decided to stay: "For me, other investment channels are currently not as promising as the stock market. Although risky, I always act cautiously and develop a clear strategy, keeping up with macroeconomic information and monitoring market fluctuations. These things have helped me get through a volatile year in the stock market."

Like Ms. Nga, Ms. Huong has also invested more capital in stocks after the market continuously soared last week. With 5 years of experience investing in stocks, she believes the market is showing positive signs and expects the VN-Index to improve this year, especially with stocks in the steel, real estate, and banking sectors.

The stock market is attractive, but investors still need to be cautious when trading.

Assessing current investment channels, Associate Professor Dr. Nguyen Huu Huan, Head of the Financial Market Department at the Ho Chi Minh City University of Economics, stated that the gold market is currently fraught with policy risks, and savings accounts are offering record-low interest rates.

Therefore, with idle funds, investors can consider the real estate market to catch prices at their lowest, but this market requires a large capital investment. For the most reasonable and suitable option, the stock market is currently an attractive investment channel, especially with the more promising developments this year.

When it comes to stocks, investors should choose those with strong and stable fundamentals, rather than focusing solely on short-term price increases.

The VN-Index is currently in a fairly long upward phase with significant surges, and liquidity remains consistently high.

However, SSI Securities stated that the report shows that margin levels are not yet strained, meaning investors have not yet fully utilized their buying power. Furthermore, savings deposits remain high despite low interest rates. It appears that investors need time to observe how supportive policies will be absorbed.

Furthermore, many experts believe that while a correction or consolidation phase is possible, the overall trend will remain upward. Investors are advised to be cautious in their trading, taking advantage of corrections to accumulate stocks with potential and strong business fundamentals at reasonable prices, or to invest in stocks with potential risks.

Source