Should limit buying stocks

At the end of the session on August 12, the VN-Index increased by 6.6 points (+0.54%), closing at 1,230 points.

Opening trading on August 12, investors were cautious in buying and selling stocks, so the market did not increase significantly in the morning session.

Entering the afternoon session, green was maintained in some large stocks such as FPT , GVR, GAS, supporting the overall scores. Near the end of the session, the demand unexpectedly increased, helping the group of stocks in the banking, securities, retail, petroleum, etc. increase in price.

Most notably, the group of 30 large stocks (VN30) had 19 codes increasing in price, such as FPT (+2.4%), SSI (+2.2%), GVR (+2.2%), PLX (+1.8%), MWG (+1.5%),... contributing to helping the market expand its upward momentum.

At the end of the session, the VN-Index increased by 6.6 points (+0.54%), closing at 1,230 points. Liquidity was low with 494 million shares matched on the HOSE floor.

According to Dragon Capital Securities Company (VDSC), the decrease in liquidity compared to the previous session shows that the supporting cash flow is still cautious, the driving force for the increase in points on August 12 was mainly due to the weakening supply of stocks.

"In the next session, the VN-Index is likely to reach 1,240 points but will create huge pressure on stock supply. Investors can expect the market to recover but need to limit chasing stocks" - VDSC forecasts and recommends

From another perspective, Vietcombank Securities Company (VCBS) believes that stock demand has gradually returned, helping the market increase.

"With this trend, investors can gradually disburse stocks that attract steady cash flow. Some industry groups that need attention are petroleum, seaport transportation, and retail," advised Mr. Tran Minh Hoang, Director of Research and Analysis at VCBS.

Source: https://nld.com.vn/chung-khoang-ngay-mai-13-8-nen-han-che-mua-duoi-co-phieu-196240812175444875.htm