Overview of the market
According to Lao Dong, at the end of yesterday's session (February 27), the VN-Index experienced a strong fluctuation with an margin of more than 11 points but was able to regain its green color, closing the session at 1,307.8 points, up 4.8 points (+0.4%). The market continued to differentiate with 236 stocks increasing and 215 stocks decreasing.
All three main indicators recorded an increase: VN30 increased by 0.22%, VNMidcap increased by 0.62% and VNSmallcap increased by 0.7%. Market liquidity was vibrant with the matched trading value reaching VND 17.7 trillion, up 14% over the previous session.
The trading session witnessed cash flow circulation. VCB (+1.8%) led the session, but then the Steel - Refinery group (HPG +2.5%; HSG, NKG ceiling) and the Real Estate and Construction Materials group (NHA +6.2%; DPG +4.1%; DXG +3.9%; PDR +3.1%) became the focus. HAG, DBC, BAF, IJC, ANV stocks attracted strong cash flow, while selling pressure increased significantly at GEE, TCD, EVF, BCG.
Foreign investors continue to net sell strongly with a value of VND 638 billion, focusing on bank codes such as STB (VND-187 billion), TPB (VND-95 billion) and VCB (VND-95 billion). In the net buying direction, no code has created a notable highlight.
Investment recommendations today
Continue to hold good core stocks
According to AIS Securities, VN-Index maintained its upward momentum, closing at the highest level of the session with stable liquidity, helping the index maintain above the threshold of 1,300 points. Although the market fluctuated, short-term selling pressure was quickly replaced by new demand, showing that the general trend was still positive. Investors are advised to continue holding stocks with good fundamentals and positive price trends.
Disbursement when shaken
Vietcombank Securities (VCBS) also commented that the upward momentum of the VN-Index will continue to be consolidated as the index maintains a stable sideways state. Investors should keep a percentage of stocks that are trending to increase strongly, while looking for opportunities in stocks in the industry group that attract cash flow but have not increased much compared to stocks in the same industry. Some notable industry groups include real estate, banking and food. Disbursement is recommended to be carried out during fluctuations during the session.
Notable stocks today
VNM - Vietcombank - VCBS Joint Stock Company recommends neutrality with target price of 67,500 VND. VNM is assessed to have a stable outlook thanks to the recovery of the consumer industry, the profit margin remains good despite the increase in input milk powder prices. Domestic revenue increased slowly, but exports continued to expand thanks to cooperation with major milk brands.
IDC - Asean Joint Stock Company recommends buying at the target price of 62,560 VND. IDC benefits from FDI capital flows into the semiconductor and high-tech industries, along with the advantage of the 3rd largest industrial park land fund nationwide. The electricity sector is expected to grow thanks to favorable hydrological conditions, while the civil real estate sector may record a sudden revenue in 2025.
DGC - Agribank Joint Stock Company recommends holding at a target price of VND 119,000. DGC has a slow growth prospect in 2025 due to unchanged output and selling price factors. However, the valuation is still reasonable with a P/E of about 14 times, and the long-term potential comes from the Duc Giang Nghi Son chemical project.
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.
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