In the trading session on August 7, the market continued to be green thanks to the unexpected increase of Vingroup stocks. However, in general, the market was still cautious when increasing points and gradually retreated to the red price zone during the trading session.

At the end of the session, VN-Index increased by 5.6 points, closing at 1,215 points. Order matching liquidity on HOSE decreased, with 510.2 million shares.

The VN30-Index basket of large-cap stocks increased by 0.77 points, closing at 1,253 points. In the group, there were 10 stocks that increased in price such as VHM (+6.9%), VRE (+5.9%), GVR (+3.8%)... On the contrary, there were 14 stocks that decreased in price, including TCB (-2.2%), VPB (-1.9%), SSB (-1.8%)...

Many groups of stocks remained green but there was a divergence between stocks. The Vingroup group had a good increase and helped the market maintain its green color. The food, oil and gas, technology groups, etc. also had moves to support the market. The banking group in particular had a rather poor performance and retreated.

In the session of August 7, foreign investors continued to net sell on the HOSE with a value of 1,361 billion VND. In particular, they strongly sold shares of VHM (-719.8 billion VND), VPB (-117.8 billion VND), HPG (-112 billion VND)...

On the other hand, this group bought many shares of VNM (+210.2 billion VND), FPT (+36.6 billion VND), FRT (+29.8 billion VND)...

Rong Viet Securities Joint Stock Company said that cash flow is still generally cautious when the market increases due to the negative impact of the recent sharp decline. It is expected that the 1,220 point area will continue to put supply pressure on the market in the coming time and the risk of a decline is still latent.

"Investors need to be cautious about the unstable state of the market and limit buying to chase rising prices. At the same time, they still need to consider market recoveries to take profits or restructure their portfolios to minimize risks" - Rong Viet recommends.

According to VCBS Securities Company, the market is still maintaining its recovery rhythm. However, the correction vibration still appears because the blue-chip group has not had a uniform recovery.

"Investors should continue with T+ wave strategies, while strictly following investment rules on stop-loss and take-profit points to preserve profits. Some industry groups that can be considered for selective stock selection include oil and gas, retail, and chemicals" - VCBS recommends.