(NLDO) – Investors should take advantage of the recovery to restructure their portfolios and consider buying promising stocks in the shipping, import-export, banking, etc. industries.
At the end of the trading week, VN-Index stopped at 1,257.5 points, down 5.07 points; HNX Index rose to 227.07 points, up 0.07 points. Tourism and entertainment stocks contributed to the market's remarkable growth, while banks caused the market to decline.
HVN, VNM, KDH, GEE, GEX increased positively, while TCB, VCB, HPG, GVR, VPB made the market less positive.
The total value of matched transactions of VN-Index decreased by 7.92% compared to last week. The next negative point is that the net selling pressure of foreign investors is still quite large, with over 1,300 billion VND on HOSE alone.
Although the VN-Index only recorded a slight decrease of 0.4% last week, the actual pressure that stock investors have to go through is much greater.
The Fed's more cautious approach to interest rate cuts next year has caused strong volatility in global financial markets.
US stocks were red, the USD index (DXY) soared past 108 points... putting pressure on the USD/VND exchange rate and the VN-Index also fluctuated negatively.
Stocks are expected to continue to recover in the last week of the year.
Entering the next trading week, Mr. Dinh Quang Hinh, Head of Macro and Market Strategy, VNDIRECT Securities Company, said that the international financial market could develop more positively when negative information has been largely reflected in prices. A more stable global financial market will help improve domestic investor sentiment and promote the recovery of stock indices. The VN-Index could increase to around 1,270 points.
"Investors should take advantage of the recovery to restructure their investment portfolios and reduce their leverage if it is high. Build their investment portfolios around industries with supportive information and improved business prospects such as shipping, logistics, import-export (textiles, seafood) and banking..." - Mr. Dinh Quang Hinh expressed his opinion.
Mr. Vo Kim Phung, Head of Analysis, BETA Securities Company, believes that investors should prioritize risk management strategies. Maintaining a reasonable cash ratio will help to have enough resources to buy stocks when the market has opportunities at attractive prices.
For current portfolios, investors need to review and prioritize holding stocks with good fundamentals, stable business results and long-term growth prospects. Limit increasing the proportion of stocks with high speculative or volatile nature.
Sharing the same positive view on the coming days, experts from Pinetree Securities Company argued that the bottom-fishing cash flow that appeared at the end of the week helped the VN-Index not fall too deeply. It is likely that the recovery trend will continue next week, with the VN-Index possibly reaching the 1,262 and 1,267 point levels.
Source: https://nld.com.vn/chung-khoan-tuan-toi-tu-23-den-27-12-mua-co-phieu-nao-trong-tuan-giao-dich-cuoi-nam-196241221223457707.htm
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