Vietnam Insight

▶ In Wednesday's trading session, the market had a fluctuating session when the market fluctuated around 1,340 points. Increased profit-taking pressure made the market sentiment more cautious. Market liquidity cooled down but remained higher than the 20-day average.

▶ At the end of the trading session, the VN-Index increased by 2.06 points (+0.15%), reaching 1,341.87 points; the HNX-Index increased by 1.77 points (+0.80%), reaching 223.56 points. Market liquidity reached VND22.4 trillion, equivalent to about 964.5 million shares traded. Foreign investors net sold VND197.6 billion, mainly concentrated in VCI, VNM, VCB.

▶ Technical perspective: Except for the pull of the VIC group, the Mid-Cap group ended the session slightly down. VN-Index is showing a clear slowdown at 1,340 points. The strong support zone will be around 1,280-1,300 points (corresponding to EMA50). RSI is showing that the index is approaching the overbought zone, indicating that a slight decrease or sideways movement may dominate in the coming time. New positive information about tariffs will be important information to help the index maintain its upward momentum.

Strategy: Investors who prefer to hold for the long term can consider disbursing stocks with good foundations, with accumulation bases with low proportions. It is possible to focus on stocks that benefit from domestic internal factors in some industry groups such as: Steel, banking, securities, energy, etc. Opportunities can open up in down sessions.