Although the performance of these pillar groups has not been maintained, the vibrant cash flow is still rotating smoothly through industry groups, with the new destination being real estate stocks, helping the VN-Index maintain a good increase.
When closed, the HOSE floor had 191 stocks increase and 263 stocks decrease, the VN-Index increased by 4.23 points (+0.32%), to 1,330.28 points. Total trading volume reached more than 1.02 billion units, worth VND 22,775.3 billion, up 6.8% in volume and 9.5% in value compared to the weekend session before March 7. The agreement transaction contributed 165.6 million units, worth VND 2,877 billion.
Thus, in just the first 6 sessions of March, along with the positive market developments when the VN-Index recorded a 25 point increase, equivalent to an increase of more than 1.9%, with an average liquidity of approximately VND 22,000 billion/session and the smooth circulation of cash flow through different pillars and industry groups, it shows that investors have high expectations for the market's upward trend.
Foreign transactions became a minus point when they continued to sell a whopping VND521 billion in the whole market. Of which, FPT shares were net "disbursed" the most by foreign investors in the whole market with a value of 160 billion VND. In addition, SSI shares were also sold at a strong net loss of VND119 billion. Foreign investors also net sold from 51 billion to 83 billion VND in a series of Bluechips stocks such as FRT, MSN and K Human.
In the opposite direction, MWG was able to buy a strong net of VND145 billion. Following that, many stocks were net bought from VND35 billion to VND64 billion, including: VCI, VIB and KSB.
Analysts from DSC Securities Company commented that the Vietnamese stock market will continue to increase in the coming sessions, the VN-Index may reach 1,340 points. In the following sessions, the index is likely to adjust healthily, re-evaluating the support zone of 1,300 - 1,310 points. This will be the time for investors to allocate more strongly to push up the proportion of stocks, preparing for a new, stronger wave of increase in the coming time.
Mr. Luong Duy Phuoc - Director of Analysis, Kafi Securities Company - said that the market has maintained the sensitivity level of 1,300 points in the past week, despite many adjustments in the session. This shows that, in general, in terms of market sentiment, investors are confident in the ability of the market to maintain a positive trend in the context of relatively attractive market valuation with business results forecast to continue to recover in 2025.
The positive trend is expected to continue in March thanks to a number of important supporting factors.
Firstly, the prospect of upgrading the market is improving as relevant agencies show their determination to complete the remaining conditions.
Second, socio-economic data in the first month of the year shows that although exports and the private economy still need more momentum, FDI and public investment are exceeding expectations, reflecting the effectiveness of measures implemented from the end of 2024 to present.
Third, the market is experiencing new drivers, including listed plans of large enterprises, positive business prospects from enterprises ahead of the General Meeting of Shareholders, as well as stock dividends of many large enterprises, contributing to promoting liquidity and investor sentiment.
