Stock market tomorrow, July 1: VN-Index continues to increase points?

(NLDO) - VCBS Securities Company predicts that Vietnamese stocks need more time to accumulate points and continue to fluctuate in the session of July 1.

Closing session on June 30, VN-Index stopped at 1,376 points, up 0.34%, equivalent to 4.6 points.

Previously, Vietnamese stocks opened the June 30 session with a fluctuation of about 5 points. Banking, consumer and technology sectors were the main drivers, attracting strong cash flows and leading the market's growth. Notably, livestock and aquaculture stocks performed positively. Real estate, chemical and shipping stocks also attracted demand in the morning session.

In the afternoon session, VN-Index continued to fluctuate. Cash flow circulated among blue-chip stocks, with the banking group still leading the upward trend. However, some large stocks such as GVR (rubber) and MWG (consumer goods) decreased in price, and VHM and HPG were under the strongest downward pressure.

At the end of the session, VN-Index stopped at 1,376 points, up 0.34%, equivalent to 4.6 points. The bright spot of the session was the buying power of foreign investors, with a net buying value of VND591 billion, focusing on the codes MSN, NLG and DBC.

According to VCBS Securities Company, VN-Index needs more time to accumulate points to consolidate the uptrend. Therefore, investors should pay attention to the possibility that the market will continue to fluctuate in the next session.

"With cash flow strongly differentiated among industry groups and information on reciprocal tariffs between Vietnam and the US in the coming weeks, investors can continue to hold stocks that are on the rise; consider reducing leverage in sensitive industries such as industrial park real estate, seafood and textiles to manage risks" - VCBS Securities Company recommends.

Meanwhile, Dragon Viet Securities Company believes that the market is likely to continue to increase in the next session, but the fluctuation range is quite narrow.

Source: https://nld.com.vn/chung-khoan-ngay-mai-1-7-vn-index-tiep-tuc-tang-diem-196250630175346612.htm