The Finnish foreign fund states that a stock market decline is unsettling, but it opens up opportunities to take profits and replace them with undervalued stocks.
While the stock market dropped nearly 19 points, Vinaconex's VCG shares bucked the trend, hitting their daily ceiling limit for the third consecutive session.
The VN-Index rose nearly 52 points, its strongest performance in six months, driven by widespread demand for low-priced assets, particularly among large-cap stocks.
The Iran conflict is predicted to support oil and gas stocks, but the valuation of this group is no longer cheap, making investors susceptible to "buying at the peak".
Banking, oil, and rubber sector leaders all lost their full trading limits due to intense selling pressure, but the VN-Index saw a modest decline, supported by Vingroup.
Vingroup and Vinhomes stocks hit ceiling prices with high liquidity, bucking the market trend as the stock market fell nearly 9 points with over 67% of codes declining.
Monday morning sell-off pressure plunged the Ho Chi Minh City exchange into the red, losing nearly 50 points and breaching the psychological 1,800-point threshold.
Driven by bellwether stocks like VHM, VGR, VNM, and MSN, the stock market gained over 12 points in the final minutes, ending a streak of seven previous correction sessions.
The VN-Index rose over 17 points in the first session of the week, nearing 1,900 points, driven by significant contributions from leading stocks in the real estate, oil and gas, and banking sectors.
