The stock market has a session not beyond the forecasts of securities companies. After the morning session decreased quite strongly due to increased pressure in the Bluechip group, the market entered the afternoon more pressure when the selling force was still large. In addition, the main pillars are VIC, VHM, and VCB significantly narrowing the momentum also preventing the recovery momentum of the index.
At the end of the session today, April 15, VN-Index fell 13.65 points to 1,227.79 points. The total trading volume reached nearly 1.07 billion units, worth 24,216.2 billion dong, equivalent to both volume and value compared to yesterday. HNX-Index fell 4.76 points to 210.24 points. The total matching volume reached more than 70.7 million units, worth VND 1,198.8 billion.
The real estate group of industrial parks is not very positive. KBC, SZC, SIP simultaneously reduced the floor, BCM decreased near the floor. Group of GVR, DPR, PHR rubber businesses with industrial park land funds in the same trend. GVR, BCM reached the strongest impact group to VN-Index today. Besides, the banking group is also the main agent of the decline.
Foreign investors continued to be in the opposite direction of domestic development when they returned to net buying more than 210 billion dong on HOSE in the reversing session on April 15, with the disbursement center of HPG, MWG and VCB shares.
According to experts, this is an unpredictable adjustment session of the market, even necessary after the recovery rhythm of nearly 150 points in the previous three sessions. Along with that, the selling force today is not too drastic, investors only hesitate in some stocks that are sensitive to tariff policies from the US such as industrial parks, seafood, export ...
Dr. Nguyen Duy Phuong, Director of Investment DG Capital recommends and opting for disbursement at this time, investors still need to be cautious with industry groups directly affected by tariffs as export enterprises into the US market, or enterprises in the supply chain for FDI enterprises. These are the chain enterprises, when they have difficulty exporting, they will reduce orders with enterprises that provide raw materials or process machining.
However, the expectation that is put in the administration policies of the Government will help compensate for influence from the new US tariff policies while retaining GDP growth such as economic stimulation from promoting public investment, increasing credit to support businesses.
Sharing in the meeting of investors on April 14, Mr. Tran Hoang Son - Director of VPBank Securities Market Strategy (VPBANKS) emphasized in a careful script, Vietnam's corporate profit growth this year can still reach at least 15-20%.
The expectation of the VN-Index can still reach the threshold of 1,400 points, thanks to stories such as restructuring the economy, changing trade to better suit the current context, promoting public investment disbursement, combined with domestic consumption growth growth. That is the strong internal force in the stage of adapting to global fluctuations.
"However, this year, when VN -Index recovered and approached the old resistance areas such as 1,300 - 1,320, investors should be cautious in the process of buying, because the short -term turbulence on tariffs remains," Mr. Tran Hoang Son said.
