At the end of the trading session on June 3, the VN-Index increased by 10.95 points (+0.82%), to 1,347.25 points, showing that investor sentiment has somewhat stabilized after previous fluctuations. Green is spreading widely with 195 stocks increasing and 119 stocks decreasing on the HOSE, notably the group of securities stocks - the main driving force of the market in both scores and liquidity.
VNDIRECT's stock increased the ceiling (+6.7%) with more than 73 million units to be handed over - a record trading since the beginning of the year. The APG APG code also increases the amplitude after the high -level personnel changes. Cards of the same industry such as SSI (up 3.4%), VCI (up 2.5%), SHS (up 3%), MBS (up 5.2%), FTS (up 1.6%) ... are all strong breakthroughs, showing that cash flow tends to return to speculative groups. However, at the end of the session, the pressure closing pressure increased, causing some codes to start lowering the height.
Total trading volume in the whole market reached more than 1,156 million units, worth VND 25,725.7 billion, up 20% in volume and 23% in value compared to the previous session. The deal contributed more than 79.5 million shares, equivalent to VND 1,770 billion.
Although the market has recorded a short-term improvement, many investment institutions such as PYN Elite Fund are still cautious, believing that macroeconomic risks still exist.
Sharing the same view, Mr. Tran Hoang Son - Director of Market Strategy, VPBank Securities Joint Stock Company (VPBankS) - said that the Vietnamese stock market is still in a period of prolonged accumulation. According to Mr. Son, from mid-2024 to now, the VN-Index has mainly fluctuated within the range of 1,200 - 1,320 points, reflecting the sideways state of the market. The medium and long-term cash flow returned in May after a sharp decline in April, showing confidence gradually being consolidated.
Compared to the cumulative cycles in history such as the period 2004–2005 or 2014–2015, Mr. Son said that the current market is in the same phase. These stages often create a premise for large growth waves. "The market may continue to shake in June, but this is normal after the index touches the resistance area. With the medium -term investor, this is an opportunity to accumulate stocks, preparing for increasing waves that can take place in the fourth quarter of this year," he said.
Regarding the foundational factor, Mr. Son highly appreciated a series of support policies from the Government in recent times, especially Resolution 68 with the goal of strongly developing the private economic sector. He believes that this is a pivotal period that can reshape the structure of Vietnam's economy for many decades to come. nganh groups that have encountered difficulties such as real estate have begun to recover significantly thanks to legal and planning solutions, reflected in the strong increase of stocks such as NVL, CEO, DIG, etc., said Mr. Son.
Synthesizing these factors, VPBankS experts expect the market to be more active in the last months of the year. Although there are still corrections, this is an adjustment to go up, not a negative signal about the general trend.
