This week's stock market is expected to be difficult to 'shock', investors should keep money and wait for disbursement

Forecasting the market this week, Mr. Dang Tran Phuc, Chairman of the Board of Directors of AZfin Vietnam Joint Stock Company, said that the VN-Index will continue to fluctuate within a narrow range, possibly around 1,300 - 1,340 points, with the possibility of retesting the support level of 1,300 points.

" In the current period, investors need to be cautious and maintain a certain amount of cash ready to disburse when the market adjusts, thereby taking advantage of the strong growth potential of the market in the long term ," Mr. Phuc advised.

The important support level of VN-Index this week is determined around 1,315 points, while the main resistance level is in the 1,335 - 1,340 point area. (Illustration photo)

Mr. Phuc analyzed that last week, VN-Index continued to record cautious developments when it closed with a red candle and trading volume also decreased compared to the previous week.

“ The reason is that investors are quite cautious when most industry groups fluctuate with low amplitude. The notable point is the technology industry when it is under strong adjustment pressure, in which FPT shares alone are strongly sold by foreign investors with nearly 2,000 billion VND.

Therefore, after 8 consecutive weeks of increase in VN-Index, last week there was a correction signal with a slight decrease of 0.15%, closing at 1,321.88 points. This is a sign that the market may be entering an accumulation or resting phase after a long growth streak ,” said Mr. Phuc.

Similarly, Mr. Dinh Quang Hinh, a securities expert at VnDirect, commented that the adjustment pressure may continue in the first sessions of this week. Investors need to closely follow the net selling of foreign investors and the bottom-fishing demand at the support zone of 1,300-1,320 points. If the VN-Index falls back to around 1,300 points, it will open up attractive disbursement opportunities.

In the medium term, the market still has many supportive factors such as attractive valuations, positive corporate earnings outlook in 2025, along with benefits from the KRX system and the possibility of upgrading to emerging markets by FTSE.

" The short-term correction is considered an opportunity to accumulate stocks at good capital costs, especially in promising industries such as banking, securities, residential real estate, electricity and public investment. These are key thresholds to help investors orient their trading strategies, in the context of the market continuing to fluctuate with low liquidity and cautious sentiment ," Mr. Dinh Quang Hinh shared.

According to Mr. Hinh, last week, the market faced strong selling pressure from foreign investors, especially in the last 3 sessions with net selling value each session fluctuating between 1,000 - 1,500 billion.

This move caused large-cap stocks such as FPT and MWG to fall sharply, putting pressure on the VN-Index. Market sentiment is more cautious as the Fed continues to keep its operating interest rate at 4.25-4.5% and signals that it is “not in a hurry” to cut interest rates due to concerns about the “potential” inflation risk from President Trump’s tariff policy, despite recent signs of weakness in the US economy.

Comment (0)