The domestic stock market basically had a week (March 10-14) with little fluctuation due to the strong correction of the US and European markets. If it had not been for the strong recovery session at the end of the week, the US stock market would have had a "shocking" week. The points were partially compensated, but overall, the US market also had the strongest week of decline in the past 2 years. Statistics show that the Dow Jones index fell 3.1% - marking the strongest week of decline since March 2023. The S&P 500 and Nasdaq both fell more than 2% - extending the 4th consecutive weekly decline.
The EU stock market is no better. Last week was the second consecutive week of decline since the peak, although there was a recovery at the end of the week and the upward momentum has been maintained since the beginning of the year. Meanwhile, some Asian markets reversed the trend and increased points such as Japan, Korea, China...
If we only look at the scores, the Vietnamese stock market also had a week of gains and extended its streak of gains to 8 consecutive weeks, although there have been signs of slowing down.
Closing the last session of the week (March 14), the VN-Index reached 1,326.15 points, up only +0.1 points, equivalent to an increase of +0.01% compared to the previous week. The increase slowed down somewhat when profit-taking pressure occurred in the group of small and medium-sized stocks: Smallcap decreased -1.79%, Midcap decreased -2.18%, while the VN30 group only decreased slightly -0.2%.
Most industry groups decreased last week, but the market maintained its position thanks to Vingroup, followed by the securities group. On the other hand, many groups decreased such as: Technology (-7.04%), Viettel (-6.64%), Seafood (-4.25%)...
Liquidity was perhaps the most positive point last week. Statistics show that the average total liquidity of the entire market last week reached VND24,805 billion/session, up +3.3% compared to the previous week, in which the matched liquidity also increased +8% to VND22,475 billion. Cash flow strongly flowed into the Vingroup group; the remaining groups were differentiated, even the securities group, cash flow was good but clearly differentiated...
Foreign investors increased their net selling last week. The net selling value nearly doubled compared to the previous week, with more than 1,945 billion VND. Accumulated from the beginning of the year, foreign investors have net sold 19,593 billion VND. The group of stocks that were net sold last week focused on: FPT (1,187 billion VND), VNM (270 billion VND), VCB (217 billion VND)... Meanwhile, foreign investors net bought VIC (+516 billion VND), VHM (+442 billion VND), MWG (+345 billion VND)...
Currently, the market's P/E (ttm) has increased from 13.5 times in mid-February to 14.5 times, but is still 14.5% lower than the 5-year average.
Source: https://nhandan.vn/thi-truong-chung-khoan-tuan-moi-17-2132025-xu-huong-dao-chieu-chua-ro-nhung-tien-co-the-bat-day-nhom-vua-va-nho-post865598.html
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