Overview of the market
According to Lao Dong, in the previous trading session - February 19, the market maintained an upward flow with a continuously expanding range. At the end of last session, VNIndex closed at 1,288.6 points, up 10.4 points (+0.82%) with 349 stocks increasing overwhelmingly.
The value of matched transactions reached VND 15.3 trillion, exceeding the average of VND 11 trillion since the beginning of the year. Most industry groups are spread.
Meanwhile, foreign investors returned to net buy VND356 billion after a series of 12 consecutive net selling sessions.
The most active contributors are OCB (+59 billion VND), TCH (+55 billion VND), FPT (+47 billion VND). In contrast, NLG (-40 billion VND) has the largest net selling value.
- VN30 +0.54%; has 26 increase codes. BCM, GVR, MWG, VRE all increased by more than 2%. The remaining, VNMidcap +1.53% and VNSmallcap +1.17%.
- The focus is on the Real Estate group (TCH, SIP increased ceiling, CEO +6.6%; VGC +3.9%; DXG +3.7%) with some outstanding codes REE, YEG ceiling; EIB +5.1%.
- The recovery is also recorded in groups that were previously under selling pressure such as Retail, Chemicals, Construction, Industrial Goods and Services.
- Insurance group encountered profit-taking supply after a strong increase (BVH -1.4%, MIG -1.1%). MSR -12%; KSV's floor loss continues to reduce the Mineral group.
Be cautious with high-priced stocks, expect VN-Index to surpass 1,300 points
According to Vietcombank Joint Stock Company (VCBS), the stock market is maintaining a positive increase as many industry groups recorded significant increases. In the next session, VN-Index is likely to continue its upward trend, towards an important resistance zone at 1,300 - 1,307 points.
However, investors need to be cautious with stocks that have increased sharply and are in high prices, limiting new disbursement if there are no signs of successful resistance testing.
According to Kien Thiet Vietnam Joint Stock Company (CSI), with the positive signals from the previous session, the upward trend of the VN-Index continues to be consolidated.
CSI recommends that investors maintain their portfolios, increase the proportion of stocks, and even open new buying positions in stocks that have broken out from accumulation if the market has a correction in the next session.
Notable stock code today
DBC: Target price 38,600 VND/CP, growth potential of 18% in 2025 thanks to increased pig prices and farm expansion.
NT2: Target price 23,500 VND/CP, growth of 29% in 2025 thanks to recovered electricity output, stable gas supply and strong finances.
PNJ: Target price 123,000 VND/CP, net profit in 2025 is expected to increase by 17%, benefiting from the ability to gain more market share.
Outstanding business events
VJC: sale of 50 million individual shares at VND100,000/CP, expected in Q1-Q2/2025.
CTG: Duyet distributed more than VND 12,565 billion in 2023 profits, divided dividends by shares.
BCM: Auctioned 300 million VND at the starting price of 69,600 VND/CP on April 28, 2025.
* Information on securities stocks is for reference only and may change from time to time. Please update the latest information.
Readers can refer to the latest updates on securities HERE.
