After the rumors, the stock opened the floor with an aftershock

In the morning session of March 28, many stocks of basic commodities such as steel, seafood, textiles, rice, fertilizer… and many blue-chips gained. Mobile World (MWG) of Mr. Nguyen Duc Tai increased by 2,200 dong to 141,100 dong/share; Phu Nhuan Jewelry PNJ increased by 1,000 VND to 110,000 VND/share; GAS increased by 2,300 VND to 113,000 VND/share…

Recently, cash flow has tended to withdraw from hot stocks and has shown signs of pouring into blue-chips and basic commodity stocks. However, blue-chips are still consolidating and the market tends to move sideways.

At the same time as the opening session of the trading session on March 28, his FLC Group’s stock of FLC Trinh Van Quyet recorded a total ATO sell order of up to 32 million shares and a surplus of 33 million shares at floor price.

Faros shares (ROS) also in the “FLC group” also recorded 31 million units sold on ATO orders and 27 million units sold at floor prices. ROS shares closed the periodic order matching session, and the opening price also fell to the floor to 8,770 dong/share.

The share This continued to drop to the floor after that with FLC having a surplus of 59 million shares at the floor price, and ROS having a surplus of selling at the floor price of 51 million shares.

Other stocks such as: AMD, HAI, ART, KLF also fell to the floor with huge oversold.

However, the general market is not affected much. VN-Index only dropped 3-4 points while VN30 dropped 2-3 points.

On March 25, the State Securities Commission issued a decision on sanctioning administrative violations against FLC Group Joint Stock Company (FLC) in the 2018-2021 period with a fine of nearly VND 500 million.

Most of them are mistakes made in the past in the process of disclosing information, such as disclosing some documents on time or incompletely, such as: documents of the annual General Meeting of Shareholders; financial statements, reports on appointment/resignation of members of the Board of Directors as well as some resolutions on transactions with related parties…

The market shook at the beginning of the session.

According to MBS, in technical terms, VN-Index has not been able to regain the psychological level of 1,500 points but still fluctuates above the support zone of 1,485 – 1,495 points. If the market goes sideways for as long as it is now, opportunities will only be concentrated in a few industry groups that have their own stories, but for the whole market to have a new trend, it is necessary to have strong enough information to create a change. cash flow transfer.

MBS believes that investors can continue to pay attention to stocks with positive business prospects in the first quarter thanks to the benefits of basic commodity prices such as steel, seafood, textiles, rice, and fertilizers. …

According to SHS, the market rallied strongly in the first session of the week before March 21, and then went sideways and struggled around the psychological threshold of 1,500 points in four consecutive sessions and ended the week just below this threshold. The order-matching liquidity in the past week improved, showing that the cash flow is still pouring into the market, but caution appeared when the market surpassed the threshold of 1,500 points. The world situation in the past week did not have new developments as investors were still observing the war situation in Ukraine as well as concerns about rising inflation.

In the current context, SHS believes that it will be difficult for the market to break through in the short term, but will probably be more prone to tug-of-war and accumulation.

In the next trading week from March 28 to April 1, VN-Index may struggle and shake with a range of 1,480 – 1,520 points to accumulate the price base and wait for the opportunity to break out again.

V. Ha