Research Center

In the short term, the uptrend of the VNIndex is still intact. Therefore, investors may be held their long position and focus on leading tickers.

Based on the selling pressure, the downside risk increases in the next session. However, the uptrend of the VNIndex is still intact. Therefore, investors may be held their long position and focus on leading tickers.

The market sentiment has become optimistic as the short-term uptrend of the VNIndex is still intact. Therefore, investors should hold their long position and focus on leading tickers.

Last week, buying activities ticked up. Breaking down by sectors, Financials, Energy, and Consumer Staples were accumulated the most whilst Real Estate, Materials, and Utilities absorbed the most selling activities across the market. Regarding to ETF flow, the flow of money came back to Vietnam thanks to SSIAM VNFIN Lead, VFMVN Diamond ETF, and X FTSE Vietnam which attracted the total of USD7mn.

Despite the second contraction session, the short-term uptrend is still intact as the VNIndex closed above the 900-pts threshold. Therefore, investors should hold their long position and focus on leading tickers.

The Index has already shown some signs of weakness near June’s peak. Therefore, investors should continue to hold the current positions. For new positions, only buy when price collapses.

In this quarterly review, VN30Index and VNFIN LEAD Index rebalances its weight according to the new free float rate. While VN DIAMOND Index is expected to remove DXG.

Profit-taking makes market sentiment to become cautious, but the short-term uptrend is still as the VNIndex closed above the 900-pts threshold. Therefore, investors should hold their long position and focus on leading tickers.

Market sentiment has become optimistic in the short term thanks to the uptrend. The cash flowed into Banking and Energy tickers. Therefore, investors should increase their long position and focus on leading tickers.