Overview of the market
According to Lao Dong, yesterday's trading session (February 18) ended with quite positive developments. The market remained blue throughout the morning until there were signs of slowing down at the end of the trading session.
The VN-Index increased by more than 5 points (+0.43%), closing at 1,278 points. The HOSE also actively traded with 293 stocks increasing, including 13 stocks increasing the ceiling.
Liquidity at the HOSE floor reached VND14,300 billion in the winter, down more than VND3,400 billion compared to the previous session.
Foreign investors have narrowed their net sales to VND154 billion - the lowest level in the past 12 sessions.
- MWG (VND-67 billion) and GMD (VND-57 billion) were sold strongly, while VCI (+106 billion VND) and HPG (+94 billion VND) were net bought the highest.
- VN30 increased by 0.25%, VNMidcap +0.41%, VNSmallcap +0.26%.
- Insurance group leads the increase with unemployment insurance, MIG +4.4%, BMI +3.8%. Many other industry groups also flourished, with outstanding cash flow in TDC (increased by all levels), GEE +6.3%, DXS +2.8%, VRE +2.4%, DIG +2.4%.
- Mineral groups are under strong profit-taking pressure, KSV decreased the floor, MSR -6.7%, BMC -4.7%. Some individual stocks such as VSC -3.5%, ACV -2.6%, PNJ -1.9% continue to move cautiously.
VN-Index still has the potential to break out
According to the research report of CK UP Joint Stock Company, the VN-Index is maintaining the support zone of 1,270 points and is aiming for resistance of 1,280 points.
If domestic buying pressure increases and foreign investors decrease sales, the VN-Index can break out and surpass 1,280 points, towards 1,285-1,290 points.
This depends on the cash flow participating from domestic investors, especially when positive signals from large-cap stocks are consolidating the recovery trend.
However, according to CK KB Vietnam Joint Stock Company (KBSV), the risk of bull-trap and adjustment still exists when the VN-Index has not clearly broken out of the resistance zone.
Investment recommendations for today's session, February 19
VCBS Securities Joint Stock Company recommends that investors maintain a portfolio for stocks that are holding a good uptrend, have high liquidity and are testing the resistance zone convincingly.
In the context of the market still Diversifying, choosing stocks with good fundamentals and strong cash flow will be a safe strategy.
Meanwhile, CK Asean Joint Stock Company believes that investors can consider disbursing when the market has an explosive session with strong liquidity increase. This will confirm a more solid uptrend, minimizing the risk of unexpected adjustments.
In the short term, investors can take advantage of fluctuations to buy stocks that have not increased sharply from the support price base.
Notable stock code today
VIP (HOSE): Target price 20,300 VND/ part, potential growth rate of 38.1%.
SAB (HOSE): Target price 63,900 VND/ part, dividend rate 6.8%.
VNM (HOSE): Target price 75,700 VND/share.
Outstanding business events
KPF (HOSE): Stocks subject to suspension of trading.
EIB (HOSE): Pre-tax profit target VND 5,580 billion, bad debt 1.99%.
NLG (HOSE): The investment director registered to buy 100,000 shares but was unsuccessful.
IDC (HNX): Dragon Capital increases its IDC ownership ratio to 7%.
* Information on securities stocks is for reference only and may change from time to time. Please update the latest information.
Readers can refer to the latest updates on securities HERE.
