Expectations of heated stock buying

(NLDO) – In the stock market session on January 8, the selling pressure of stocks slowed down. Investors expect the buying power to increase in the next session.

At the end of the session on January 8, the VN-Index increased by 4.07 points (+0.33%), closing at 1,251 points.

The market was cautious and retreated at the beginning of the session on January 8. The number of stocks that lost points gradually spread. But the market reversed after the VN-Index retreated to the 1,240 point area.

The recovery momentum was more evident in the afternoon session. The market gradually regained the reference level and increased points at the end of the session. From there, many investors expected that stock buying power would heat up in the next session.

With the recovery, many stock groups have regained green. The increase in the price of banking stocks has contributed to supporting the market. In addition, steel, securities, real estate stocks, etc. have been trading quite actively.

At the end of the session on January 8, the VN-Index increased by 4.07 points (+0.33%), closing at 1,251 points. Liquidity decreased with 367.5 million shares matched on the HOSE floor.

Among the 30 large stocks (VN 30), 17 increased in price: MWG (+1.8%), SSB (+1.8%), POW (+1.7%), MSN (+1.7%), TCB (+1.3%) ... On the contrary, only 6 stocks decreased in price: HDB (-3.9%),FPT (-1.2%), STB (-0.5%), MBB (-0.2%), VJC (-0.1%), BID (-0.1%).

According to Rong Viet Securities Company (VDSC), the decrease in liquidity on January 8 shows that supply has cooled down. Although the increase in points is low, it also helps the market to relieve some of the negative sentiment after the recent decline. This support signal can help the market continue to recover in the coming time.

"Therefore, investors should temporarily keep their portfolio proportion at a reasonable level to prevent risks and can consider short-term purchases of some stocks that have improved from the support price zone" - VDSC recommended.

Meanwhile, VCBS Securities Company advises investors to take advantage of recovery sessions to restructure their portfolios. Accordingly, stock "players" can sell off stocks that have not shown a clear recovery trend, and buy stocks with the expectation of holding them for the medium to long term at low prices.

Source: https://nld.com.vn/chung-khoan-ngay-mai-9-1-ky-vong-suc-mua-co-phieu-nong-len-196250108171803124.htm