Stock market comment on September 25th: Large-cap group rotated to support the market in the short term

2 min read

A slight drop in the context of unstable world markets is a positive thing for the domestic market at this time. Liquidity remained at a high level despite selling pressure at the close, which is a sign that the market is strong.

Although the domestic market today did not maintain its upturn momentum in the afternoon session, it was still positive compared to other regional markets. The factor that is supporting the market is that the liquidity continues to be pushed up and the lead from banking stocks.

Meanwhile, the foreign investors’ return to net selling also put pressure on the market. At the close, the VN-Index fell 3.92 points to 908.58 points, of which the VN30 dropped 5.09 points to 853.21 points.

Market breadth was inclined to sellers, the whole market had 133 gainers / 271 losers, in VN30 basket there were 8 gainers, 21 losers and one code kept the reference.

Market liquidity increased compared to yesterday, the pressure of taking profit pushed the trading price today to nearly 5,617 billion. Foreign investors’ trade was not very positive when they returned to net selling with the value of nearly 170 billion dong on the whole market.

Here are the comments of securities companies on September 25:

Nhận định thị trường chứng khoán ngày 25/9: Nhóm vốn hóa lớn luân phiên hỗ trợ thị trường trong ngắn hạn - Ảnh 1.

Source: FSC

MB Securities Joint Stock Company (MBS)

If the large cash flow has found that the market has a chance by strongly dropping money in the recent sessions, the upside wave is not counted by T + 3 rotation.

However, it is likely that the market will also have shaking sessions in the coming sessions. If the bottom-fishing demand is still maintained at a high level, the chance of recovery will come soon, while the cash flow is “indifferent”, investors should prepare a more cautious scenario.

Yuanta Securities Vietnam (FSC)

The VN-Index might still correct in the next session and retest the nearest support level of 905 points. At the same time, the market returned to accumulation, especially the risk of large-cap group increased slightly, so the market might see corrections in the next few sessions.

In addition, the psychological indicator is still in the optimistic area, so the appropriate strategy still holds a high share rate.

Bao Viet Securities JSC (BVS)

VN-Index received support from 900 – 905 points in the last session of the week. The index might drop to test this support level before recovering again.

In general, the market trend in the coming time with the expected destination is at 930 – 940 points. Market movements in this period were relatively unpleasant with a strong differentiation among stock groups.

Large-cap stocks still attracted the attention of cash flow and increased in rotation to support the market in the short term.

Investors should only consider comments of securities companies as a source of reference information. Securities companies all recommend disclaimer for the above judgment.

Source: vietnambiz.vn – Translated by fintel.vn