Overview of the market
According to Lao Dong, at the end of yesterday's trading session (March 5), optimism continued to dominate the Vietnamese stock market in today's trading session. VN-Index closed at 1,309.4 points, up 4 points (+0.3%). On the HOSE floor, the market was balanced with 240 stocks increasing and 223 stocks decreasing.
Liquidity remained high with about VND17 trillion traded through the matching channel.
Vingroup stocks played a supporting role in the index with VHM increasing by 3.3%, VIC increasing by 2.1% and VRE increasing by 1.7%. In addition, cash flow also focused on the Securities (FTS +4.9%; VIX +3.1%; VCI +2.3%), Food - beverages (VNM +1.6%; DBC +2.7%) and Construction Materials (CTI +2.1%; VCG +1.9%).
On the other hand, stocks related to Bamboo Capital (BCG, TCD, ORS) decreased in floor pressure due to strong selling pressure. Shipping stocks (VTO -5.3%; VOS -2.7%) and some codes such as CTD, TPB, PHR, MSH are also under pressure to adjust.
Foreign investors reduced their net selling value to VND384 billion, mainly concentrating on TPB (VND-262 billion), TNH (VND-128 billion) and FPT (VND-73 billion). In the net buying direction, VHM (+129 billion VND), VCI (+82 billion VND) and GEX (+54 billion VND) received support from foreign capital.
Investment recommendations today
Maintain your portfolio, be cautious with new points of purchase
AIS Securities Company believes that the VN-Index continues to maintain an upward trend with high liquidity, thanks to the supporting rotation of industry groups. With the current strong momentum, this securities company predicts that the VN-Index may move towards a 1,330-point range in the short term, with the most recent support at 1,290-1,300 points. Accordingly, AIS recommends that investors continue to hold a portfolio to make the most of the market's uptrend.
Meanwhile, Vietcombank Securities (VCBS) is warning about increased profit-taking pressure as the VN-Index has increased by more than 80 points from the lowest level of the year and exceeded the threshold of 1,300 points. This makes it more difficult to find a safe place to buy. VCBS recommends that investors take profits with stocks that have reached their targets, especially high-speculative stocks. At the same time, they should keep their purchasing power to monitor the market and wait for appropriate disbursement opportunities in the coming time.
stocks worth paying attention to today
HDG MBS Joint Stock Company recommends positive, target price 32,700 VND/CP
HDG benefits from renewable energy, hands over Charm Villa GD3 and removes real estate legality. Profit in 2025-2026 is expected to increase by 48%.
CTG Vietcap Joint Stock Company recommends buying, target price of 50,000 VND/CP
CTG has strong credit growth, cost optimization, and profits are expected to increase by 20%/year in the next 3 years.
HHV - Agribank Joint Stock Company recommends holding, target price 14,500 VND/CP
HHV benefits from public investment, stable BOT, and expansion to urban railways.
The information in the article is for reference only and is not considered a decision to buy, sell or hold any shares.
Investors need to consider carefully and please consult an expert before trading.
Refer to more stock news HERE.
