VN Index Closes at 1,313 Points on May 15, a Gain of 0.26%
On May 15, the market opened with a gain of over four points but quickly faced corrective pressure from blue-chip stocks, particularly those of the Vingroup (VIC, VHM, VRE), along with BID, CTG, TCB, FPT, and HPG. After a strong shake-up in the middle of the morning session, buying demand gradually returned, narrowing the decline.
Banking stocks became the main support in the afternoon session, with MBB (+2.24%) and SHB (+5.38%) leading the recovery. Retail, securities, and investment-construction sectors attracted positive cash flow, indicating a rotation of capital among stock groups. However, profit-taking pressure increased, especially in blue-chip stocks, leading to a tug-of-war between buyers and sellers in the market.
At the close, the VN Index ended at 1,313 points, up three points or 0.26%.
According to Dragon Vietnam Securities (VDSC), the VN Index is likely to continue consolidating around the 1,310-1,315 range. Cash flow remains robust, supported by foreign net buying and rotation into potential sectors. However, stock differentiation will continue, requiring investors to carefully select stocks.
Meanwhile, VCBS recommends that investors take profits in stocks that have reached profit targets or show signs of strong selling pressure. They also advise investing in stocks with good accumulation and clear support zones in the banking, retail, securities, and investment-construction sectors during corrections.
Billionaire Investors Lose Big on Peripheral Land ‘Surfing’
Spending millions on auction land in the outskirts with the hope of selling it at a premium, many investors are now forced to cut their losses and offload their investments before the payment deadline, with some even forfeiting their deposits as the speculative wave subsides.
“Empowering Family Businesses: The Backbone of the Private Sector”
Establishing a robust knowledge base and network, empowering family-run businesses to thrive sustainably, professionally, and across generations.
Unveiling the Real Estate Hotspots in the Newly Merged Province-City
The Capital Region is experiencing a significant real estate investment boom, particularly in its satellite towns. The anticipated provincial and municipal mergers are expected to catalyze unprecedented market growth, presenting lucrative opportunities for investors and developers alike.
The Ultimate Golf Destination: Quang Ninh’s Vision for 8 Stunning Courses
The People’s Committee of Quang Ninh Province has given the green light to an extensive investment plan for the period 2025-2030, encompassing a total of 259 projects. This ambitious roadmap includes the development of eight golf courses, spanning an impressive 2.2 thousand hectares, showcasing the province’s commitment to diversifying its attractions and boosting its economic prospects.
“GENKAI – Affirming its Status as Vietnam’s ‘Seaweed King’”
With the aspiration to build a branded food conglomerate for Vietnam, GENKAI Group, under the leadership of its founder and chairman, Nguyen Cong Nam Hien – dubbed the “Seaweed King” – is steadily conquering the domestic and international markets.
