The securities company advised investors to buy in mid-cap stocks or blue chips and sell small-cap ones that have earned a sizeable profit for some time.
The market ended higher on Friday with improved liquidity. However foreign investors returned to net sell a value of over VND1.7 trillion (US$75 million) on the southern bourse.
The stock market is becoming a favoured and profitable investment channel for investors amid the COVID-19 pandemic but it also poses many challenges for regulators and market members.
Shares inched higher on Thursday morning as a wide range of big bank stocks recovered. But downside risk remains due to strong falls in real estate stocks.
Shares rebounded on Wednesday after a choppy session as the market’s sentiment recovered. But foreign investors continued to net sell on both main exchanges, but the value was much smaller.
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@2010 Công Ty TNHH Chứng Khoán Maybank - Website phát triển bởi LINKEE Technologies VP-10-01, Tầng 10, Tòa nhà Pearl 5, số 5 Lê Quý Đôn, phường Võ Thị Sáu, Quận 3, Thành phố Hồ Chí Minh Tel: +84 28 44 555 888 ; +84 28 38 271 020 - Fax: +84 28 38 271 030