Speedy trading sessions
Recently, real estate stocks recorded positive developments with exciting trading sessions and impressive liquidity. The market continuously witnessed strong cash flow "flowing" into real estate stocks.
During the trading session on August 21, VN-Index increased 11.5 points to 1,284.05 points, however, real estate stocks were "quiet" after a strong increase on August 20. Before that, a series of "purple" stocks increased at full amplitude such as: DXG, FDC, PDR, HPX, SGR and had no oversold. Of which, DXG matched 22.9 million shares, with excess buying at ceiling price of 1.2 million units; PDR matched orders of 17.1 million shares, surplus buying at ceiling price of 3.5 million units.
In particular, many codes increased, reversed from a state of decline during the session, and turned to a strong increase at the end of the session . Of which, DIG increased by 5.7% to 25,050 VND, matched 26.1 million shares; HTN increased by 5.2%; NVL increased by 5% and matched 25.5 million shares; CCL increased by 4.8%; FIR increased by 4.4%; DXS increased 4%; SCR increased by 3.5%; AGG increased by 3.4%...
After a long period of "floating" at the bottom, real estate stocks such as DXG, CEO, DIG, HQC, QCG, KBC... recorded positive developments since the beginning of August. A series of stocks such as L14 , DXS, NVL, HDC, KBC, NTL, CEO, NVL, HDC... all prospered with high increases from 4% to nearly 8%. The codes PDR, DIG, DXG, NHA recorded an increase to the ceiling and were "white on the selling side".
According to VNDirect Securities, the cash flow in the market in the first half of the year did not pay much attention to the housing real estate industry stocks, stocks in this group tend to adjust in the first half of the year such as: NVL, DXG, DIG, CEO…
However, for businesses that maintain good sales ability, there are stories such as successful restructuring, good growth potential, and completion of paying land use fees according to the Government's old land price framework to keep Good profit margins in the coming period will maintain a good price level compared to VN-Index.
It is difficult to make a breakthrough in the last months of the year
According to the analysis of the VNDirect expert group, part of the reason for the price movements of real estate stocks "fluctuating" in the first half of the year and starting to show positivity recently is due to the business results of This industry group is often slow in the first half of the year, thus not creating enough good effects on investor psychology.
“We think that it takes more time for supportive policies and new Real Estate Laws to exert a positive influence on investor psychology in the stock market. Due to the new laws, there will be negative impacts on the real estate market in the short term" - VNDirect commented.
Regarding the impact of new laws on the market, Dr. Le Xuan Nghia - Economic expert - also said that the Land Law, Housing Law, and Real Estate Business Law were promulgated and implemented on August 1, 2024. is an extremely important bright spot for economic recovery in general and macroeconomic stability in particular. These are laws and decrees that have a widespread impact on many industries and fields, including the stock market.
Many foreign investors, both direct and indirect, highly appreciate the shortening of the validity period of the above three laws, creating confidence for investors to expand investment in production and business and return to the market. stock market positively.
However, according to VNDirect Securities, it is difficult to expect a strong increase in the real estate group in the last months of the year. The recovery trend will be slow and gradually clear when the market witnesses the business and financial situation. of businesses improved.
Investment opportunities in real estate stocks will be differentiated, businesses that have proven good project implementation capacity, have fully legal projects, have sold goods in recent times as well as have good financial status. Healthy investment, using low leverage... will be a potential investment opportunity during this period.
