Vietnam's stock market is about to enter the trading phase after the holiday season of April 30 - 1.5, with the psychology of investors generally cautious but still expecting the positive trend thanks to a series of support factors. Analysts evaluating business results, positive, market raising prospects and the operation of the KRX transaction system will continue to play as the main driving force in the short term.
Mr. Dinh Quang Hinh - Head of Market Strategy and metrics, VNDIRECT Securities Joint Stock Company - said that investor sentiment has improved thanks to a series of positive information, from the signal of cooling down US-China trade tensions to Mr. Donald Trump affirming that he has no intention of replacing Fed Chairman Jerome Powell. These are factors that help VN-INDEX quickly regain the lost points and end the week with an increase of about 0.8% compared to the previous week.
Regarding prospects after the holiday, Mr. Hinh said that the VN -Index can re -test the area of 1,240 - 1,241 points, which is the peak of recent recovery, and if this landmark is overcome, the market is capable of towards a higher target area, about 1,260 - 1,270 points. The positive quarter business results of listed enterprises, especially VN30 groups and large -capitalized enterprises, are expected to continue to act as the main force for the market in the short term.
The official operation of the KRX trading system from May 5, 2025 also brings new expectations, not only in terms of technical infrastructure but also opens up room for the development of new financial products, creating a premise for the goal of upgrading the market in the future.
According to the industry group, experts recommend that investors continue to hold stocks in a moderate proportion, prioritizing groups with positive business results in the first quarter and bright prospects for the second quarter such as banking, retail, seafood, electricity and public investment. The use of financial leverage should still be limited during this period as the market is still fluctuating strongly and risks related to trade policies have not been completely eliminated.
In the context of a strong market differentiation, analysts believe that a stock selection strategy based on a good foundation will be the key to helping investors take advantage of opportunities while still minimizing risks. The cautious sentiment before the long holiday can soon be rebalanced when investors return to the market, especially if cash flow continues to seek stocks with a clear growth story.
