VN-Index is underneath drive to right kind when encountering the robust resistance zone of one,255 issues -1,260 issues
VN-Index had the second one consecutive consultation underneath corrective drive when encountering a resistance zone. Corrective drive larger extra strongly within the afternoon consultation with many codes and teams of codes falling sharply and liquidity expanding much less definitely. On the finish of the buying and selling consultation on January 22, VN-Index lowered 3.56 issues (-0.29%) to one,242.53 issues, underneath drive to retest the bottom value vary of September 2024, round 1,240 issues. Whilst VN30 lowered 5.09 issues (-0.39%) to one,309.72 issues, underneath drive to right kind and retest the fee vary of one,305 issues, comparable to the common value of 200 periods, which is a robust mental strengthen house. Lately.
Marketplace breadth on HOSE persevered to lean unfavorable with 201 shares lowering, 100 shares expanding and 53 shares retaining the reference value. Liquidity larger with buying and selling quantity on VN-Index expanding via 5.6% in comparison to the former consultation, appearing larger momentary promoting drive because the marketplace is set to go into the lengthy vacation duration. International traders persevered to extend web promoting on HOSE with a worth of -249.4 billion VND within the January 22 consultation.
On the finish of the buying and selling consultation on January 22, VN-Index lowered 3.56 issues (-0.29%) to one,242.53 issues.
Consistent with mavens from Saigon – Hanoi Securities Corporate (SHS), the momentary development, VN-Index is underneath drive to right kind when encountering a robust resistance house of 1,255 issues -1,260 issues, comparable to the easiest value house. 2023 and moderate value of 200 periods. VN-Index is buying and selling in a slender vary with the closest strengthen round 1,240 issues. Whilst the VN30 is underneath drive to retest the 200-session moderate value vary, if the VN30 can not take care of this strengthen zone, momentary sentiment might turn out to be extra unfavorable, and promoting drive will building up more potent. The quick-term tendencies of the VN-Index and VN30 will best give a boost to once they take care of the robust strengthen spaces and above sentiment and triumph over the corresponding resistances.
Within the brief time period, the marketplace is strongly differentiated, many codes vary in reverse instructions whilst looking forward to data on industry result of the fourth quarter of 2024, in addition to companies’ 2025 industry plans. The marketplace is buying and selling with low liquidity as traders also are cautiously looking forward to this knowledge to reprice and review the expansion possibilities of the industry. In addition to the drive to scale back the percentage of momentary hypothesis when the Lunar New 12 months vacation starts this weekend.
“New up to date data presentations that the ratio of remarkable margin loans of securities corporations on the finish of the fourth quarter of 2024 larger to a brand new prime, with a worth of about 245,000 billion VND, this is still nice drive. available on the market these days. Traders can prohibit transactions right through this era and look ahead to the overall marketplace development to give a boost to extra definitely. Traders must take care of a cheap percentage. The funding function is in opposition to codes with just right basics, business leaders in strategic industries, and exceptional enlargement of the economic system,” SHS mavens mentioned.
VN-Index might vary within the house of 1,240 – 1,245 issues
Consistent with the research staff of ASEAN Securities Corporate (ASEANSC), the January 22 buying and selling consultation persevered with a slight correction, marked via a purple candle with buying and selling quantity final at a low degree. Then again, the macro context is appearing sure indicators when: Alternate price drive regularly cools down in step with the trends of the DXY index when the USD promoting price at home industrial banks fell deeply on January 22 (change price). VCB promoting value these days recorded 25,400 VND for 1 USD); International markets are nonetheless improving reasonably smartly after President Trump’s inauguration.
VN-Index might vary within the house of 1,240 – 1,245 issues (Representation: KT)
“The home inventory marketplace will proceed to have restoration periods within the close to long term, alternatively, traders must nonetheless be wary as shaking actions are nonetheless the principle development within the ultimate buying and selling week of 2024. (lunar calendar). Traders can believe proceeding to disburse in part with massive shares with elementary foundations and sure industry possibilities, and be in a position with money to determine a cast place when marketplace liquidity is operating out. “Superb and really horny valuation”, ASEANSC mavens commented.
Sharing the similar opinion, mavens from Yuanta Vietnam Securities Corporate (YSVN) imagine that the marketplace might nonetheless right kind in these days’s consultation, January 23, and the VN-Index might vary within the 1,240 vary. – 1,245 issues. VNMidcaps index has sure trends with prime liquidity appearing that money waft is basically concentrated within the Midcaps staff of shares. On the similar time, the marketplace is in an adjustment segment after the former sequence of will increase and momentary dangers proceed to regularly lower. As well as, the momentary sentiment indicator continues to extend, appearing that new purchasing alternatives proceed to extend
“The quick-term development of the overall marketplace stays impartial. Subsequently, traders can proceed to carry the percentage of shares at 40-50% of the portfolio and benefit from the adjustment duration to shop for new ones,” YSVN mavens advisable.