New week stocks: Full of important events investors need to pay attention to

Stocks - Photo 1.

VN-Index ended the week at 1,317 points with liquidity down 11.6%. This is the second consecutive week the market has recorded a decline in both liquidity and points.

Lots of information stock investors need to pay attention to this week

• Mr. Truong Hien Phuong - Director of KIS Vietnam Securities:

- VN-Index is in a rather "precarious" position, the possibility of correction below 1,300 is entirely possible. There are many factors that have put pressure on the market recently.

Global investors, including those in Vietnam, are concerned about the Trump administration’s tough tax policy. Most recently, Trump imposed a 25% import tax on all cars not manufactured in the US, 10 times higher than the current rate.

When Mr. Trump imposes tariffs, other countries will also have plans to respond, thereby making the situation more tense. Fears of rising inflation arise as global prices increase with tariffs.

Looking across the gold market, the price of this metal continuously breaks the peak, showing that investors' fear of inflation and search for shelter is increasing.

Not to mention Vietnam is a country with large import and export value, contributing significantly to GDP, so even if it is not a direct target, it will still have some impact.

Second, technically, the domestic stock market has been increasing for a relatively long time, profit-taking pressure has increased. Meanwhile, investors holding cash are "afraid" to buy at this time.

This week, the market received a lot of important information such as the US announcing a reciprocal tax policy targeting a group of 15 countries with high tax rates and large trade surpluses on April 2 local time.

Next is FTSE Russell's mid-term review of Vietnam's stock market. The possibility of Vietnam being upgraded in 2025 is considered very promising, especially for FTSE Russell's classification.

This is also the time when many general meetings of shareholders are taking place and the first quarter of 2025 business results are being received. It is expected that positive information from the general meeting season and financial reports will support market trends.

Low depth adjustment capability

* Mr. Dinh Quang Hinh, head of macro and market strategy department, VNDIRECT Securities:

- In the new week, the market may maintain a cautious sentiment and the VN-Index may test the important support zone of 1,300 points (+/-10 points). However, the possibility of the index falling deeper than this zone is not high.

In fact, tariff concerns have largely been reflected in the recent adjustment. Vietnam has recently taken strong and timely steps to minimize the risk of being imposed "draconian" tariffs by the US, including signing trade agreements worth up to $90 billion with the US and considering reducing tariffs on a number of imported products such as automobiles, ethanol, LNG, agricultural products, wood and wood products to somewhat balance trade with important trading partners.

The direct impact of tariffs on the stock market is limited because export-related stocks account for only a small proportion of the stock index structure. Therefore, I believe that the risks and impacts of tariffs may be overstated.

I maintain my view that if the VN-Index retreats to the support zone around 1,300 points, it will open up opportunities for disbursement at good capital prices for medium- and long-term goals, especially in sectors with positive prospects this year such as banking, securities, residential real estate, electricity and public investment.

In 2025, the market is converging many supporting factors to expect a positive trend, including attractive valuations, positive corporate profit growth prospects, great benefits from the implementation of the KRX system and market upgrade.

KB Vietnam Securities Analyst:

- VN-Index formed a "Spinning" candle (also known as a "spinning candle", understood as a single candle showing uncertainty in the market) around the 20-day MA threshold (the average line of the previous 20 sessions), showing that the trading trend is facing challenges in both directions.

Although some pillar stocks have created support for the entire market, liquidity has shown signs of decreasing around the support level, showing a rather cautious psychological development of bottom-fishing demand, and the VN-Index is likely to fall into a weakened state afterwards.

However, with the uptrend still dominant, the index is expected to soon regain recovery momentum with support points around the lower price zone.