After 2 consecutive declining sessions last weekend, the stock market regained green color in today's trading session May 25 thanks to the fairly good recovery of some bluechip codes such as Vin group and banking, but selling pressure is still always present, so the general index is difficult to jump high.
Closing today's trading session on May 25, VN-Index increased by 8.9 points (+0.47%) to 1,886.03 points. Total trading volume reached nearly 702.6 million units, value 18,958 billion VND, down 17.7% in volume and more than 15% in value compared to the previous weekend session on May 22.
Market liquidity decreased sharply to the lowest level in more than 1 month, along with the fact that foreign investors still maintained strong net selling status with a value of up to 2,000 billion VND.
Two stocks VRE and VHM increased best by 3.5% and 3.2% respectively; while VIC also slightly eased the amplitude when closing the session up 1.1%, contributing nearly 9 points to the overall index.
In addition, the bank stock group also traded more actively in the afternoon session. Especially ACB, although under considerable pressure from foreign investors when continuing to be net sold more than 5.8 million units, domestic demand participated strongly, helping ACB close the session leading the bank stock line with an increase of 3.1% and explosive liquidity, reaching 30.5 million units.
In the opposite direction, the trio of stocks in the energy group still led when continuing to fall deeper, with PLX down 5.4%, BSR down 5.1% and GAS down 3.4%, of which BSR had the best liquidity in the industry, reaching more than 15.1 million units. This is also the group of stocks that decreased the most in the market when other members such as PVT decreased by 5%, PVD decreased by 4.9%.
With the current market situation, cash flow is still weak and highly differentiated between stock groups, so investors need to closely monitor the developments of the next trading session to create appropriate response scenarios.
In a positive scenario, if in the following sessions witnessing the shift of cash flow from the leading group that previously increased sharply to the group of stocks that have not increased or are in a reasonable price range, the market is likely to accumulate again in the area around 1,850 points and create a basis for a recovery wave to increase again.
Conversely, in a less positive scenario, if there is no clear cash flow rotation between stock groups, selling pressure may continue to spread and we will tend to a scenario where the market continues to adjust deeper to the 1,800 point zone, or even retreat to the 1,750 point zone in the worst case.Therefore, investors should maintain a balanced stock ratio, prioritizing observing cash flow signals before disbursing new capital.
