Should you hold or sell when the market is volatile?

(NLDO)- Dragon Viet Securities predicts that tomorrow the market will likely compete in the 1,235 - 1,240 point range.

Entering the morning session on January 13, the market was quite quiet and gradually retreated, at times the VN-Index retreated to near 1,220 points. Entering the afternoon session, the market gradually improved.

After recovery efforts, the market regained green at the end of the trading session. At the end of the session, VN-Index increased by 5.17 points, closing at 1,235 points. The basket of large-cap stocks VN30 increased by 5 points, closing at 1,298 points.

In the group, there were 18 codes increasing in price such as PLX (+2.1%), SSI (+1.9%), MBB (+1.7%)... On the contrary, there were 7 codes decreasing in price such as VPB (-1.1%), VRE (-0.9%), MSN (-0.8%), VIC (-0.5%)...

With the market recovery, the red color gradually narrowed and many stocks also turned green. Steel, technology, banking, securities stocks... showed signs of recovery.

In today's session, foreign investors continued to net sell on the HOSE with a value of 72.1 billion VND. Of which, they strongly sold FPT shares (-137.7 billion VND), VPB (-38.9 billion VND), DGC (-21.7 billion VND),... On the other hand, they strongly bought HDB shares (+71.4 billion VND), PDR (+25.1 billion VND), KDH (+14.3 billion VND)...

Rong Viet Securities Joint Stock Company said the market is temporarily likely to contest the 1,235 - 1,240 point zone, the support zone that the market lost on January 10, 2025.

Market developments in session 13-1

Therefore, the company recommends that investors need to observe the supply and demand developments to assess the market status. Temporarily, it is still advisable to keep the portfolio proportion at a reasonable level to prevent risks or restructure the portfolio to minimize risks until the market has developments that create a good support foundation.

According to VCBS Securities Company, with many stocks having discounted to low prices, a technical recovery may occur in the next session, however, the market has not yet confirmed that it has created an equilibrium point.

VCBS recommends that investors proactively take advantage of the recovery, restructure their portfolios of stocks that have lost their trend in the medium and long term, and patiently wait for clearer bottoming signals before increasing their portfolio proportions.

Source: https://nld.com.vn/chung-khoan-ngay-mai-14-1-nen-giu-hay-ban-khi-thi-truong-chao-dao-19625011317455712.htm