After a long period of competition, the stock market welcomed a prosperous first trading session of the week. The sudden strong cash flow caused the VN-Index to successfully surpass the 1,300-point mark on February 24.
In today's trading session (February 25), profit-taking pressure caused many stocks to reverse and decrease. However, active cash flow helps the VN-Index maintain the 1,300-point mark.
At the end of the session, VN-Index decreased by 1.4 points to 1,303.16 points, HNX-Index decreased slightly by 0.18 points to 238.31 points.
The widespread differentiation in many industry groups has caused the market to fall into a state of strife, especially in the banking group, essential and unessential raw materials and consumer goods.
Liquidity in the whole market today reached more than 22 trillion VND, equivalent to yesterday's session. The transaction level of over 20 trillion VND shows that cash flow is being attracted.
Foreign investors net sold more than VND420 billion, focusing on FPT shares VND192 billion). In contrast, this group net bought nearly 200 billion VND of MWG shares.
In 2024, the VN-Index had failed many times before the threshold of 1,300 points. Therefore, many investors are also wondering whether this price increase is really sustainable?
It can be seen that although the VN-Index is currently fluctuating around the 1,300 mark, analysts believe that this price increase is very different in both aspects of the macro context, cash flow, stock supply and investor psychology. Therefore, the opportunity for VN-Index to maintain the 1,300-point mark this time is much higher than at similar times in 2024.
The possibility of fluctuating pressure will appear when the index is in the psychological resistance zone, but thanks to the strong flow of money, the VN-Index will enter a new wave.
There is no bad news in the stock market today, instead there are growth drivers. Accordingly, the Government and the Prime Minister have issued drastic instructions to help the economy achieve the growth target of 8% or more in 2025 and double digits in the following years. This information will stimulate cash flow into the market.
In addition, the information that the Vietnamese stock market will be upgraded from now until the third quarter of 2025 has strongly affected investors' psychology. From the beginning of February until now, liquidity has improved compared to the end of last year with an average trading volume of 20 sessions reaching nearly 600 million shares.
In the short term, with the market and many stocks having increased sharply, the possibility of a fluctuation to re-check the short-term trend is necessary. However, investors should not focus too much on the general index but should closely follow their stocks and watch to buy when the stock has had adjustments to balance the technical support areas without having to wait for the VN-Index to adjust.
