Can stocks keep the rally going?

At the end of the session on May 6, the VN-Index increased by 20.5 points, closing at 1,241 points.

At the opening of trading, investors aggressively traded stocks at high prices, helping the market increase impressively. Groups of bank stocks, real estate stocks, securities stocks, etc. all increased in price, spreading this trend to hundreds of other stocks, including many stocks that increased to the ceiling price.

However, leading the market's increase was still the group of 30 large stocks (VN30) when GVR increased by 6.1%, BID increased by 2.6%, HPG increased by 2.3%...

At the end of the session, the VN-Index increased by 20.5 points, closing at 1,241 points. Liquidity on the HoSE floor improved somewhat when 864 million shares were successfully traded.

With the above developments, VCBS Securities Company commented that the market has not completed the downtrend. The general indices are still in the recovery phase and may fluctuate and adjust in the next session.

"Investors should maintain a cautious mindset, closely follow market developments in the coming sessions, and can plan short-term transactions to realize profits if unexpected selling pressure occurs," advised Mr. Nguyen Quoc Bao, senior analyst, VCBS Securities Company.

Meanwhile, Dragon Viet Securities Company (VDSC) commented that liquidity on May 6 increased compared to the previous session. This shows that cash flow is improving and has a supportive impact on the market, while the supply of stocks has not caused much pressure.

"The market may continue to be supported in the short term but the supply of stocks is expected to gradually increase. Investors can expect the market to recover but need to be wary of selling pressure" - VDSC forecasts and recommends

Source: https://nld.com.vn/chung-khoan-ngay-mai-7-5-co-phieu-co-the-giu-da-tang-gia-1962405061715158.htm