Opportunity to buy bank stocks?

(NLDO) – Bank stocks are expected to continue to lead the stock market as they continuously trade positively, attracting cash flow.

In the trading session on February 11, the focus of cash flow in the stock market was no longer on steel stocks, but the banking group played a leading role in the recovery of the VN-Index.

At the end of the session, VN-Index increased by 5.19 points, closing at 1,268.45 points; HNX Index increased by 0.9 points, closing at 228.87 points. SharesFPT , HPG, CTG, HVN, LPB... increased positively, while VCB, MWG, BCM, SAB, GAS... dragged the market down.

Although closing in green, the total matched value on the HOSE floor reached more than 14,200 billion VND, a sharp decrease compared to the previous one. Investors expect the market to continue to improve, despite the net selling momentum of foreign investors. In today's session, foreign investors net sold more than 580 billion VND on the HOSE floor, focusing on MWG, VNM, SSI...

Mr. Vo Kim Phung, Head of Analysis Department of BETA Securities Company, commented that the positive point is that the selling pressure has shown signs of slowing down, and investors are becoming more cautious. However, foreign investors still maintain a strong net selling trend, putting some pressure on the index.

The stock market is expected to trade positively tomorrow, with bright spots continuing to come from banking stocks.

Commenting on tomorrow's session (February 12), BETA experts said that although domestic cash flow is quite well balanced, there is a clear differentiation between industry groups, and the VN-Index is likely to continue to fluctuate within a narrow range. Investors' portfolio structure should aim for a balance between defensive stocks and stocks with growth potential, maintaining a reasonable cash ratio.

Investors expect bank stocks to continue to increase amid expected credit growth from the beginning of the year to support capital for businesses and the economy .

In February 2025, experts from Mirae Asset Securities Company (MAS) said that VN-Index could head towards the 1,280 - 1,300 point mark in the context of an upward momentum reinforced by attractive market valuation.

On the other hand, there is caution about the risks from over-reliance on the banking group recently. Global macro factors such as the Russia-Ukraine conflict, persistent inflation in the US, Europe... are key risks to monitor in the first quarter of 2025.

Looking more broadly, in 2025, the Research Department of Thien Viet Securities Company (TVS Research) believes that the VN-Index could reach the threshold of 1,380 - 1,400 points thanks to Vietnam having enough conditions to negotiate with the US to avoid import tariffs on goods. Vietnam's GDP growth is expected to reach 7.2%, positively supporting the stock market...

"Expect cash flow from foreign investors to return after Vietnam's stock market was upgraded by FTSE Russell. The forecast for the whole market's profit to grow 16.2% compared to last year, contributed mainly by two main groups: banking and real estate" - said an expert from TVS Research.

Source: https://nld.com.vn/chung-khoan-ngay-mai-12-2-co-hoi-mua-co-phieu-ngan-hang-196250211181431623.htm