Stocks tomorrow, August 15: Will bank stocks still cause a price "storm"?

The stock market opened on August 14 in an upbeat mood as the VN-Index rose sharply by 17 points, thanks to consensus from many industry groups. Banking stocks continued to be the focus, with large-cap stocks such as VPB, TCB, STB, andSHB leading the increase, helping the index maintain its green color. Meanwhile, some large stocks such as FPT, MSN, and GVR recorded a slight decrease, not enough to hinder the general trend.

In the afternoon session, the VN-Index continued to break out, conquering the 1,640-point mark before facing profit-taking pressure in some banking stocks. Cash flow gradually spread to other sectors such as consumer and real estate, but banking remained the focus.

VN-Index closed at 1,640 points, up 29 points (+1.81%), marking a vibrant trading session. However, foreign investors continued to net sell strongly with a total value of VND 2,366.06 billion, focusing on codes such as HPG,FPT , and SSI.

Vietcombank Securities Company (VCBS) said that VN-Index continued to set a new peak with liquidity maintained at a high level, reaching over VND52,000 billion. The leadership of banking stocks helped VN-Index increase by an impressive 30 points. High liquidity and well-absorbed profit-taking supply showed that the market is still in a sustainable growth trend.

According to Dragon Capital Securities Company (VDSC), cash flow continues to support the market, and supply has not created significant pressure. It is forecasted that VN-Index may head towards the 1,650 - 1,660 point range in the session on August 15. However, profit-taking pressure may increase in this range, leading to fluctuations.

VCBS recommends that investors should maintain a high proportion of stocks in strong uptrends, especially banking groups such as VPB, TCB, STB, and SHB; and consider buying stocks that are accumulating and have positive cash flow signals in the consumer, steel, and real estate groups.

Several other securities companies believe that banking stocks are likely to continue to be the main driving force of the market in the session on August 15, thanks to positive sentiment and strong cash flow. However, investors should be cautious with profit-taking pressure as the VN-Index approaches a strong resistance zone.

Source: https://nld.com.vn/chung-khoan-ngay-mai-15-8-co-phieu-ngan-hang-con-gay-con-bao-gia-196250814173507793.htm