The Top Stocks to Watch at the Start of the 14th of August

FPT Securities (FPTS, HOSE: FTS) seeks to further divest its stake in May Song Hong (HOSE: MSH) amidst a cautious market sentiment towards stocks of exporting businesses.

For the savvy investors out there, the top-performing stocks with high liquidity could have doubled, tripled, or even quadrupled your boba tea money in the past 7.5 months.

Recently, the stock market has been on a record-breaking streak, causing a significant shift in the fortunes of Vietnam’s billionaires on the Forbes rich list.

Today’s session (August 13th) saw the VN-Index fluctuate around the 1,600-point mark multiple times. The intense back-and-forth movement at this strong resistance level has put investors in a tricky situation: buying now risks buying at the peak, but selling early could mean missing out on potential gains. Experts suggest that if the market undergoes a technical correction until the end of August, it would present an opportunity to enter instead of rushing to buy at higher prices.

The HoSE witnessed a notable trading session on Thursday, with foreign investors and securities companies taking center stage. While foreign investors displayed confidence in the market by snapping up stocks, securities companies offloaded a substantial amount, amounting to a net sell value of VND 621 billion. This contrasting behavior between the two key market players has left market participants intrigued, with many wondering what the future holds for Vietnam’s stock market.