At the beginning of today's session (8.), the sentiment in Asian markets showed stability again. In Australia, the S&P/ASX 200 opened the trading session with a slight increase of 0.18%. Meanwhile, the Japanese market recorded a strong recovery with Nikkei 225 jumping 5.34% and Topix breaking through 5.53%. In Korea, the Kospi index increased by 2.26% and Kosdaq for small-cap companies also increased by 2.35%.
However, in this morning's trading session, April 8, with more negative news about tariffs, as well as the impact of the recent stormy session of other major markets, domestic stocks opened to a shocking decrease and the VN-Index fell to the 1,135 point zone, equivalent to a decrease of about 75 points after more than 1 hour of trading, stocks were on the floor.
Gradually towards the end of the trading session, bottom-fishing cash flow appeared, supporting the VN-Index to recover slightly. At the end of the session, VN-Index decreased by 67.74 points to 1,142.93 points. On HOSE alone, there were 482 codes of decline, of which 180 codes were on the floor price.
Liquidity continues to be a highlight when the trading value reached more than VND19,000 billion in the whole market, with HOSE alone reaching more than VND17,600 billion in liquidity.
Real estate and raw material stocks are a prominent focus of floor-to-bank stocks. Rare bright spots in the large-cap group are PGV and SAB. These two stocks are increasing slightly and holding back the market. The cautious and optimistic sentiment is still engulfing the market. Investors are still leaning towards selling, causing the index to continue to have negative developments.
However, according to experts, market risks always come with opportunities. The two recent trading sessions with record high liquidity showed that large cash flow from business owners participated in helping the VN-Index maintain the 1,200-point mark. This is a difference compared to the 2008, when retail investors left the market, leading to a loss of liquidity.
Currently, there are no fundamental factors that can change market developments, while investors are still waiting for information on tariff negotiations with the US. Technically, a recovery session has not changed the current short-term downtrend of the market, investors still need to monitor market liquidity in the coming sessions to have more bottom-up test signals in today's session.
Experts have recommended that investors have lowered their portfolio ratio and not used collateral, could disburse position exploration for blue chip stocks, limiting participation in industry groups directly affected by increased tax rates.
