Cash flow can spread

Vietnamese stocks continued to be green when opening the trading session on February 6. Many stocks increased impressively, most notably banking stocks such as TCB, VCB, LPB and BID.

Cash flow is not only concentrated in blue-chip stocks but also in small and mid-cap stocks. This shows that the spread is maintained, bringing the market to 1,275 points.

However, at this threshold, investors started selling, causing stock prices to gradually decrease. The market fell into the red zone at times in the afternoon session and gradually stabilized again at the end of the session.

At the end of the session, the VN-Index closed at 1,271 points, up 1.8 points, equivalent to 0.15%.

According to Vietcombank Securities Company (VCBS), the market is balanced at the resistance zone of 1,270 points when cash flow spreads stably.

Accordingly, many investors expect this trend to continue in the next session. However, Dragon Capital Securities Company (VDSC) commented that cash flow is moving cautiously as stock prices increase rapidly. The market's slowing down due to short-term profit-taking by investors may create adjustment pressure in the session on February 7.

However, VCBS still recommends that investors take advantage of the fluctuations in this session to increase the proportion of stocks with active buying liquidity. Some sectors worth selecting are fertilizers-chemicals, real estate, banking, etc.