According to securities companies, in the trading session on February 15, the stock market could not recover due to many factors, VN-Index may accumulate around 1,480 points.
Witnessing the "elevator" falling speed of the VN-Index in the session on February 14 , investors were stunned and did not understand what was going on.
VN-Index dropped 29.75 points to 1,471.96 points; HNX-Index fell 5.88 points to 421.01 points; UPCoM-Index fell 1.69 points to 110.85 points.
The market fell deeply, so the buying force was strong. The matching transaction value of VN-Index reached 23,828 billion dong, up +31.93% compared to the previous session. The total transaction value reached VND 25,921 billion.
In the trading session on February 14, investors were stunned when they witnessed the market's "elevator" falling speed
The remarkable point in today's session is that in addition to oil and gas stocks that simultaneously gained strongly in line with world oil prices, the market's decline in the second half of the afternoon session came from banking stocks, which were the main factors causing the market to decline. deeply reduced.
Specifically: VCB (-4.66), BID (-3.84), CTG (-2.57), TCB (-1.91), MBB (-1.79)... This made the VN-Index Index could not keep the support level of 1,445.68 points.
Market forecast on February 15, securities companies all said that the market could not recover. VN-Index will accumulate around 1,480 points.
According to BIDV Securities Company - BSC, in the trading session on February 15, the market is likely to accumulate around the threshold of 1,480 points.
According to BSC, with the previous sessions gaining timidly with weak liquidity, a sharp drop to this short-term support level of 1,470 does not cause investors to panic about the future. The market is likely to accumulate around 1,480 points.
The experts of MB Securities Company - MBS also gave advice, should limit "surfing" Notable point in the trading session on February 14, in addition to the group of oil and gas stocks, which simultaneously increased strongly according to the world oil price. Around the world, the market's decline in the second half of the afternoon session came from banking codes, which was the main reason causing the market's deep drop. This makes the VN-Index unable to keep the MA50 support and the risk of retesting the January bottom or the MA100 support at 1,445.68 points.
MBS recommends that investors should limit surfing when the market's volatility is increasing, do not average the price down and reduce the margin ratio to a safe level.
Sharing the same opinion, commenting on the trading session on February 15, Vietcombank Securities Company - VCBS said that the market could not regain the uptrend.
With the absence of supporting information, accompanied by the fact that VN-Index closing below the support level of 1,480 points will likely cause a negative psychological impact on most investors and continue to trigger selling in the market. school.
VCBS believes that the VN-Index will not be able to record an uptrend soon to regain the 1,500 point mark, but investors should also note that the downward correction may only happen in the short term when the demand Bottom fishing is still quite abundant around the support zone of 1,440 - 1,450 points of VN-Index.
In this context, many investors wonder whether to buy or sell
So, in the context that the market has just had a deep drop of nearly 30 points, should investors buy or sell?
Mr. Nguyen The Minh, Analysis Director of Retail Banking, Yuanta Securities Vietnam, said that a deeper decline session will be difficult to take place and the market will soon regain balance.
Giving a trading strategy to investors, the expert assessed that many investors' cash flows are not ready to return to the market and keep the proportion of stocks low.
Therefore, the strategy given to investors who have been disbursed is to continue holding and should not rush to sell stocks because the current risk in the entire portfolio is not large. However, when the current market trend has not been established clearly, investors should keep the balance of the portfolio below about 50%.
Especially, at this time, investors should not buy "bottom-fishing" stocks. However, in the event that the Fed has positive actions that have not raised interest rates in February and a slight increase from 0.25%, we can fully expect the market to continue to go up and investors can can disburse into stocks with good potential in the next trading sessions.
Talking about the decline of banking stocks, Mr. Minh sees this as an opportunity to accumulate attractive stocks. Despite establishing a strong downward trend, the expert still believes that the bank will have a chance to break through in the near future.