Market hot spot
With the collective rebound of peripheral stock markets, the Vietnam index rose all the way after the opening today, without any selling pressure. As of the close, the Vietnam index rose 12.67 points to 1476.21 points.
Trading volume picked up and investor sentiment gradually thawed. Specifically, the total turnover in Ho Chi Minh market reached 25.726 trillion Vietnamese Dong (about 7.17 billion yuan), an increase of 12.68% over last week.
Of the 21 plates, Only the banking sector (down 0.5%) and the fertilizer sector (down 0.2%) fell slightly. With the news that a piece of land in Ho Chi Minh City Shoutian was sold at a price of 2.4 billion / m2, a large amount of funds poured into the real estate sector (up 3.6%), which may stimulate the real estate market to enter a new round of price rise. With optimistic expectations for the next few quarters, the construction sector (up 3.8%) continued to be strong. At the same time, steel (up 2.0%) also rebounded strongly.
The net inflow of foreign capital continued, and the total net purchase in Ho Chi Minh market exceeded 45 billion Vietnamese Dong (about 12.46 million yuan). The concept stocks of vingroup group group are still the stocks with the largest net purchase by foreign capital, including VHM vinhomes Co., Ltd., Vic vingroup group group and VRE vincomretail Co., Ltd.
Investment advice
Vietnam index rebounded strongly, and the market trading volume improved significantly compared with the last four trading days. Funds tend to flow into the construction, securities, industrial and real estate sectors. In addition, the process of benefiting from public investment accelerated, and relevant beneficiary stocks also rose strongly.
Can the rise in real estate and construction continue to rise? For the price fluctuation of such stocks, it is actually necessary to be vigilant against the rising trend of several waves this year, so the share prices of some real estate enterprises will have the possibility of correction. However, from the perspective of the general trend, real estate stocks rose more and fell less in 2021. From the current time point until 2022, it is expected that the market will continue to pay more attention to the real estate sector.
Although it is not confirmed whether the Vietnam index returns to the rising channel, some sectors have shown their strong characteristics. Therefore, Vietnam construction securities recommends investors to make tentative purchases of strong stocks and hot plates.
Stocks that broke through the rise today include cti-idico qiangshun Development Investment Co., Ltd., dig Construction Development Investment Co., Ltd., NLG Nanlong Investment Co., Ltd., NTL flux Urban Development Co., Ltd. and VGC viglacera head office.
