Overview of the market
According to Lao Dong, at the end of yesterday's session (February 26), the stock market had a slight adjustment session when supply pressure increased at the high score area. The VN-Index closed the session at 1,303.2 points, down 1.4 points (-0.11%). The spread is quite balanced with 214 codes increasing and 242 codes decreasing.
Liquidity remained vibrant with the transaction value matched at nearly VND 18.1 trillion.
The decline mainly came from the VN30 (-0.29%), however, the fluctuations of stocks in this basket were generally not too large.
BVH decreased the most (-2.6%), followed by VNM, GVR, FPT, HDB, VPB, VCB with a decrease of about 1%. On the contrary, BCM (+2.8%) and MBB (+1.7%) showed more positivity.
Mid- and small-cap groups improved with VNMidcap increasing slightly (+0.05%) and VNSmallcap increasing (+0.34%).
Cash flow tends to rotate to the Securities group (ORS +2.9%; BSI +2.3%; HCM +1.5%), Real Estate (VHM +1.2%; DXS +1.8%), Construction Materials (KSB +3.3%; VCG +2.6%), Electricity (NT2 +2.4%; PC1 +1.5%) and Oil and Gas (OIL +1.5%; BSR +1.5%).
Foreign investors continue to net sell VND338 billion, of which FPT is under the strongest pressure to disburse (VND192 billion). In contrast, MWG was actively bought with a value of up to VND221 billion.
Market forecast for today
The market will soon surpass the 1,300-point mark
According to UP Securities, although the market may continue to experience tug-of-war sessions, fluctuating around the 1,300-point threshold, according to the research team, this milestone "sooner or later will be left behind".
The positive trend of the market is supported by leading stock groups, when these groups rotate to coordinate reasonably - one group adjusts, another group bounces up - helping to maintain sustainability in the uptrend.
Another notable point that UP Joint Stock Company wants to note is that in addition to the affected pillar stocks, many stocks that are showing a very positive state on the electricity board belong to enterprises with prosperous production and business activities or receiving support from external factors.
Avoid buying hastily at high prices
According to VCBS Securities, investors can take advantage of the adjustments in the coming sessions to increase the proportion of stocks for the signal of successful inspection of the nearest support zone. However, you need to be cautious and limit chasing at high prices. Some industries worth paying attention to include real estate and oil and gas.
Notable stock codes today
MCH is recommended by BVSC for neutral, with a target price of VND 165,900/CP, corresponding to a growth potential of +10.9%.
SHB was recommended by BSC to hold, with a forecast pre-tax profit in 2025 reaching VND13,000 billion, up 14% over the previous year.
DXG is recommended by BSC to hold, with a target price of VND 23,100/CP.
KBC is recommended by KBSV to buy, with a target price of 36,100 VND/CP. The support zone for this stock is between 28,000 - 29,500 VND/CP.
The information in the article is for reference only and is not considered a decision to buy, sell or hold any shares.
Investors need to consider carefully and please consult an expert before trading.
Refer to more stock news HERE.
