HIGHLIGHTED NEWS
At the February 26th morning meeting of the Steering Committee for Price Management, aimed at summarizing price management and control work in 2025 and outlining tasks for 2026, the Ministry of Finance noted that several factors will put pressure on the price level next year, such as fluctuations in the prices of imported raw materials and exchange rates, which could increase domestic production costs and consumer prices. Simultaneously, military conflicts and global trade competition also pose a potential risk of pushing energy prices up. Furthermore, some construction materials such as sand and stone may also increase in price due to supply and demand factors. Based on the 2026 inflation target of approximately 4.5%, the Ministry of Finance developed three inflation scenarios for 2026, namely 3.6%, 4.1%, and 4.6%, respectively. It is known that the State Bank of Vietnam and international organizations have also respectively projected Vietnam's average inflation rate in 2026 to be around 3.5-4.5% and 3.2-4%.
TRADING STRATEGY
The stock market rebounded and closed near the 1,880 point mark, with significantly reduced liquidity compared to the previous trading session. Market differentiation continued. Capital tended to flow into leading stocks in the real estate, basic resources, and retail sectors. Meanwhile, selling pressure emerged in the oil and gas, industrial services, chemical, and utilities sectors. The VN-Index is likely to fluctuate around the 1,870-1,895 point range today.
The market experienced its third consecutive session of sideways trading around the 1,860-1,880 point range. The divergence between sectors showed signs of strengthening. This indicates that the VN-Index is in a consolidation phase, maintaining a positive index outlook even as many stocks have entered a short pause after their previous strong recovery. If there aren't significant fluctuations in cash flow in the following trading sessions, investment opportunities will likely remain in specific sectors or individual stocks supported by domestic macroeconomic factors, rather than spreading broadly across the board. Investors should continue to hold their positions, combining this with potential purchases to increase their holdings in strategic portfolios with a medium-term outlook, prioritizing purchases during dips in upward trends. Short-term trading should be flexible and adapt to cash flow developments.
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