The VN-Index rose 6 points, but the market showed several negative signals, including a sharp drop in liquidity, 8 consecutive sessions of net selling by foreign investors, and more declining than rising blue-chip stocks.
Widespread selling pressure, with 70% of stocks declining, dragged down the stock market. The VN-Index closed down nearly 11 points, its steepest drop since the end of July.
The stock market extended its winning streak to 9 sessions, with the VN-Index accumulating 29 points, but declining stocks still outnumbered advancing ones.
According to experts, now is a suitable time to invest in stocks, but a phased capital allocation strategy is necessary due to the high risk of short-term fluctuations.
Driven by strong cash flow into the market, the VN-Index extended its winning streak to seven consecutive sessions, surpassing the 1,600-point mark to establish a new historical peak.
After a volatile week, the stock market is likely to remain turbulent with alternating gains and losses. Investors should be cautious and focus on strong stocks, according to experts.
Early session buying and cash flow into small and mid-cap stocks weren't enough to lift the VN-Index, as the stock market continued to lose the crucial 1,500-point mark.
The VN-Index rose more than 14 points, reclaiming the psychologically important 1,500-point mark thanks to strong cash flow into pillar stocks such as banking, securities, and real estate.