VN-Index has difficulty at 1,500 points

Although the market turned to correct in the last 2 sessions, the decrease was not too large and the liquidity decreased, showing that selling pressure was not really strong. If this zone is tested for a few more sessions, it may show that the demand is absorbing well and the market has motivation to gain.

Speculative cash flows still focus on a few groups with their own stories such as retail with FRT, PET still making new peaks or MWG – retail business The industry leader this morning also gained points.

Textile, garment and fertilizer group are also attracting attention, TNG increased by 4.4%, VGT STK also increased from 2-4%, DPM increased by 3.6%. Belonging to the group of export products, such industries or even seafood are also expected to have positive business results in the first quarter when the demand from world markets increases.

Securities stocks this morning were dominated by red color and only a few stocks in these groups moved slightly. The securities group has long been considered rather unattractive due to the drop in market liquidity.

At the end of December 2021, the margin ratio of 8/10 companies with the largest margin balance reached 150% and the situation was quite tense. To relieve this pressure, many companies are participating in the race to issue shares to raise capital. This capital increase will help securities businesses relieve investors’ demand for margin loans, while improving competitiveness, as well as retaining customers.

Hot stocks traded mixed like HQC, which closed the morning session at a relatively low level compared to the time when it hit the ceiling price, or HUT this morning gained after two strong declines, Hoang Huy TCH and HHS stocks again. are walking together.

The market moves sideways for as long as it is now, opportunities are concentrated in a few industry groups that are not representative of the market, but in order for the whole market to create a new trend, it is necessary to have really heavy information leading to cash flow changes. These factors do not seem to be clear at the moment and may have to wait until the season of business results as well as the general meeting of shareholders.

End of morning trading session, VN-Index down 0.53 points to 1,497.73 points. Transaction of 410.6 million shares, liquidity of 12,797 billion dong. The HN-Index fell 1.53 points to 461.27 points. Trading 74.4 million shares, worth 2,163.5 billion dong.

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