Stock market corrections can be great opportunities for investors to restructure their portfolios and search for shares in industries with growth potential, particularly State-held shares that will be sold this year. A session with unexpected sell-offs A volatile session unfolded in the Vietnamese stock market on March 18, characterized by unexpected sell-offs that initially sent the VN-Index plummeting by 42 points before recovering to a 1.6% loss by the end of the trading day. The market witnessed a surge in trading volume, with over 1.6 billion shares transacted on the HOSE, highlighting significant selling pressure countered by robust buying activity, which helped mitigate some of the losses incurred during the session. These pronounced declines, coupled with surging liquidity, are indicative of clear distribution signals, particularly in the short term. Technical indicators, such as the moving average convergence/divergence (MACD), have signaled a correction trend since March 11, despite brief rallies on March 12 and 13. The subdued liquidity during these rallies reflects investor caution amid apprehensions about a potential price increase trap. The ongoing upward pressure on the exchange rate between the U.S. dollar and the Vietnamese dong has led the central bank to intensify efforts to absorb liquidity through the […]