In just 2 years, our company's profits have increased sixfold.

Amended land laws, along with the efforts of businesses to reduce debt pressure, are driving the resurgence of the "big four" sectors in the stock market (banking, real estate, steel, and securities).

According to recent information disclosed by Sơn Hải Corporation, they have invested a substantial amount of money in purchasing modern equipment from abroad to construct highways in Vietnam. Despite this investment increasing costs, the payment rate will remain unchanged.

In addition to core business operations, many "hobbyist" entrepreneurs use their spare funds to invest for short-term profits.

February is often associated with the Lunar New Year holiday. While there may be some profit-taking to "celebrate the New Year," overall this is still a relatively positive period for the stock market.

With a dynamic strategy, major investment funds in the past year have achieved outstanding profitability compared to the VN-Index. Analyzing the investment strategies and portfolio allocation of these funds provides us with additional insights to make investment decisions in 2024.

Last week (29/01-02/02/2024), stock transactions of the main investment funds leaned towards buying.

Securities companies (SCs) advocate buying VHM as this company will lead the recovery of the Vietnamese real estate market; purchasing HPG with positive business prospects in 2024; and holding onto SIP due to its long-term growth potential as it owns a large retail land bank.

On February 2nd, proprietary trading firms bought shares worth over VND 428 billion, while foreign investors sold shares worth nearly VND 271 billion.

The market opened higher this morning, with the VN-Index gaining 5.46 points to reach 1,178.01 points. On the other hand, the HNX-Index dropped 0.25 points to 230.31 points. The overall market sentiment leaned towards selling, with 306 stocks rising and 318 stocks falling. The VN30 basket saw 15 stocks rising, 10 stocks falling, and 5 stocks remaining unchanged.