The demand quickly returned
Vietnam's stock market has had an impressive trading week of the New Year. Despite the adjustment pressure in the first session of the week, the Cau Cau quickly returned, helping VN-Index have 4 consecutive gaining sessions, advancing to the old peak of 1,275 points.
The most positive signal in the past week came from the market that recorded an increase with a significant improved liquidity compared to the period before Tet holiday, with an average trading value of about VND 14,000 billion. However, the minus point is that foreign investors continue to maintain net selling pressure, with a total value of nearly VND 3,000 billion in the past week. The selling force focuses on technology codes (FPT), retail (FRT, MWG) and VNM, making this group less positive than the rest of the market.
Dr. Nguyen Duy Phuong, Director of DG Capital's strategic investment, said that on the trend of foreign investors, they continued to sell net and it was difficult to say this trend never ended. If clearing with scattered net buyers or agreed transactions, the net selling impact in the matching session is only around the small scale around VND 200-300 billion, basically does not impact too much on market transactions. Short -term cash flow, especially domestic investors, are expected to continue to increase due to cycle.
“As usual, the period after the Lunar New Year 2-3 weeks is usually the period of liquidity increased sharply and the highest year of the Vietnam stock market. However, in order for the market to really break through, the return of foreign capital is a key factor, because the domestic cash flow is currently lacking new motivation, ”Dr. Phuong stated.
VN-Index will continue to maintain the trend of gaining points
Regarding the market trading trend in the new week, with the valuation of the market also becomes more attractive after the fourth quarter business results are published and the cash flow is gradually returning, the experts still self. The VN-Index forecast will continue to maintain the trend of gaining points and close to the resistance threshold of 1,300 points.
Dr. Nguyen Duy Phuong evaluated the rising momentum were still maintained and surpassed the 1,280 points to advance to the psychological threshold of 1,300 points. However, there are still many variables from the outside that can not be concluded as the trade tension, so the expert in favor of the market script will go up with vibration or have shaking sessions to create more momentum.
Experts of VPS Securities Company said that the threshold of 1,280 points and right above is the area of 1,290 - 1,300 points is a very strong resistance milestone that the selling pressure, adjustment will take place and may be 2 - The first 3 sessions next week before recovering. The market will need to mobilize to accumulate some sessions before reaching the areas of 1,280 - 1,300 points. Opportunities for short -term transactions, investment opportunities have been appearing more for investors marking a smooth starting stage for a year of uptrend 2025.
Meanwhile, from a more cautious perspective, experts of SBS Securities Company said that, in terms of index, the movement of trading weeks after Tet holiday is quite positive. However, in terms of nature, it is only judged that this is a recovery week, but it has not been a real trend. Therefore, it is likely that next week, the struggle will return, the trend of struggle in the amplitude of 1,250-1,300 points is expected to dominate again.
The current stock market size is greater and the sensitivity to the information is also more, so the fluctuations will also be higher. Experts say that, with long -term investors, it is possible to take advantage of deep reduction sessions to increase position, focusing on large businesses that can receive capital flows when the market is upgraded, yes, yes Competitive advantage in the industry. For investors who prefer short -term transactions, to optimize capital, should follow cash flow, private stories to grasp the trend.
