{"id":46869,"date":"2025-09-04T14:54:46","date_gmt":"2025-09-04T07:54:46","guid":{"rendered":"https:\/\/hbbgroup.net\/dien-bien-la-cua-chung-khoan-truoc-ky-nang-hang-chi-bao-nao-he-lo-ket-qua\/"},"modified":"2025-09-04T14:54:46","modified_gmt":"2025-09-04T07:54:46","slug":"dien-bien-la-cua-chung-khoan-truoc-ky-nang-hang-chi-bao-nao-he-lo-ket-qua","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/dien-bien-la-cua-chung-khoan-truoc-ky-nang-hang-chi-bao-nao-he-lo-ket-qua\/","title":{"rendered":"Di\u1ec5n bi\u1ebfn l\u1ea1 c\u1ee7a ch\u1ee9ng kho\u00e1n tr\u01b0\u1edbc k\u1ef3 n\u00e2ng h\u1ea1ng: Ch\u1ec9 b\u00e1o n\u00e0o h\u00e9 l\u1ed9 k\u1ebft qu\u1ea3?"},"content":{"rendered":"
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\"ch\u1ee9ng<\/p>

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Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n b\u1edbt h\u01b0ng ph\u1ea5n khi ti\u1ebfn g\u1ea7n v\u1ec1 m\u1ed1c 1.700 – \u1ea2nh: QUANG \u0110\u1ecaNH<\/p>\n<\/figcaption><\/figure>\n

\u0110\u00e0 t\u0103ng th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n ch\u1eadm l\u1ea1i<\/h2>\n

T\u00e2m \u0111i\u1ec3m ch\u00fa \u00fd th\u1ecb tr\u01b0\u1eddng s\u1ebd l\u00e0 k\u1ebft qu\u1ea3 \u0111\u00e1nh gi\u00e1 do FTSE Russell <\/a>– t\u1ed5 ch\u1ee9c qu\u1ed1c t\u1ebf chuy\u00ean v\u1ec1 ph\u00e2n lo\u1ea1i v\u00e0 x\u1ebfp h\u1ea1ng th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n – c\u00f4ng b\u1ed1 v\u00e0o ng\u00e0y 7-10<\/p>\n

D\u00f9 v\u1eady b\u00e0 Tr\u1ea7n Th\u1ecb Kh\u00e1nh Hi\u1ec1n – gi\u00e1m \u0111\u1ed1c kh\u1ed1i nghi\u00ean c\u1ee9u Ch\u1ee9ng kho\u00e1n MB (MBS) – ch\u1ec9 ra th\u1ecb tr\u01b0\u1eddng trong n\u01b0\u1edbc c\u00f3 m\u1ed9t s\u1ed1 t\u00edn hi\u1ec7u \u0111\u00e1ng ch\u00fa \u00fd nh\u01b0 \u0111\u00e0 t\u0103ng \u0111ang ch\u1eadm l\u1ea1i c\u1ee7a VN-Index khi ti\u1ec7m c\u1eadn 1.700 \u0111i\u1ec3m. <\/p>\n

Trong m\u1ee9c t\u0103ng 37 \u0111i\u1ec3m \u1edf tu\u1ea7n cu\u1ed1i th\u00e1ng 8 tr\u01b0\u1edbc \u0111\u00f3, m\u1ed9t n\u1eeda s\u1ed1 \u0111i\u1ec3m \u0111\u1ebfn t\u1eeb nh\u00f3m Vingroup (VIC, VHM) \u0111\u00f3ng g\u00f3p g\u1ea7n 10 \u0111i\u1ec3m, v\u00e0 VCB (g\u1ea7n 8 \u0111i\u1ec3m).<\/p>\n

\u0110\u1ed9ng th\u00e1i b\u00e1n r\u00f2ng m\u1ea1nh c\u1ee7a kh\u1ed1i ngo\u1ea1i \u0111ang k\u00ecm h\u00e3m \u0111\u00e0 t\u0103ng c\u1ee7a ch\u1ec9 s\u1ed1. N\u0103m 2024 \u0111\u01b0\u1ee3c xem l\u00e0 n\u0103m b\u00e1n r\u00f2ng k\u1ef7 l\u1ee5c c\u1ee7a kh\u1ed1i ngo\u1ea1i (kho\u1ea3ng -92.000 t\u1ec9 \u0111\u1ed3ng), nh\u01b0ng ch\u01b0a c\u00f3 th\u00e1ng n\u00e0o kh\u1ed1i ngo\u1ea1i b\u00e1n r\u00f2ng m\u1ea1nh nh\u01b0 th\u00e1ng 8 v\u1eeba qua v\u1edbi -42.700 t\u1ec9 \u0111\u1ed3ng, chuy\u00ean gia MBS cho hay.<\/p>\n

Ngo\u00e0i ra thanh kho\u1ea3n th\u1ecb tr\u01b0\u1eddng \u0111\u00e3 c\u00f3 d\u1ea5u hi\u1ec7u \u0111\u1ea1t \u0111\u1ec9nh \u1edf m\u1ee9c 62.000 t\u1ec9 \u0111\u1ed3ng, nh\u01b0ng gi\u1ea3m 27% \u1edf tu\u1ea7n cu\u1ed1i th\u00e1ng 8.<\/p>\n

\u0110\u1ed1i v\u1edbi c\u00e1c nh\u00f3m c\u1ed5 phi\u1ebfu<\/a>, ngo\u1ea1i tr\u1eeb nh\u00f3m ch\u1ee9ng kho\u00e1n v\u1eabn thu h\u00fat \u0111\u01b0\u1ee3c d\u00f2ng ti\u1ec1n v\u00e0 t\u0103ng 5% so v\u1edbi tu\u1ea7n tr\u01b0\u1edbc \u0111\u00f3, ph\u1ea7n c\u00f2n l\u1ea1i \u0111\u1ec1u gi\u1ea3m, trong \u0111\u00f3 c\u00f3 nh\u1eefng nh\u00f3m c\u1ed5 phi\u1ebfu c\u00f3 m\u1ee9c gi\u1ea3m tr\u00ean 50%.<\/p>\n

Hi\u1ec7n t\u1ea1i d\u00f2ng v\u1ed1n \u0111ang t\u1eadp trung ch\u1ee7 y\u1ebfu \u1edf nh\u00f3m c\u1ed5 phi\u1ebfu ng\u00e2n h\u00e0ng (t\u1ec9 tr\u1ecdng 30%) v\u00e0 ch\u1ee9ng kho\u00e1n 24% (m\u1ee9c cao nh\u1ea5t k\u1ec3 t\u1eeb \u0111\u1ea7u n\u0103m).<\/p>\n

“T\u00e2m \u0111i\u1ec3m c\u1ee7a th\u1ecb tr\u01b0\u1eddng s\u1ebd l\u00e0 th\u00f4ng tin n\u00e2ng h\u1ea1ng \u0111\u01b0\u1ee3c FTSE Russell d\u1ef1 ki\u1ebfn c\u00f4ng b\u1ed1 v\u00e0o ng\u00e0y 7-10 t\u1edbi, do v\u1eady nh\u00f3m c\u1ed5 phi\u1ebfu ch\u1ee9ng kho\u00e1n s\u1ebd l\u00e0 ch\u1ec9 b\u00e1o s\u1edbm”, b\u00e0 Hi\u1ec1n nh\u1eadn \u0111\u1ecbnh.<\/p>\n

C\u1ee5 th\u1ec3 theo gi\u00e1m \u0111\u1ed1c nghi\u00ean c\u1ee9u c\u1ee7a MBS, hi\u1ec7n c\u00e1c c\u1ed5 phi\u1ebfu n\u1ed5i b\u1eadt nh\u01b0 SSI, VND, SHS \u0111ang cao h\u01a1n so v\u1edbi VN-Index \u1edf ng\u01b0\u1ee1ng 1.700 \u0111i\u1ec3m. Do v\u1eady di\u1ec5n bi\u1ebfn c\u1ee7a nh\u00f3m ch\u1ee9ng kho\u00e1n trong 2 tu\u1ea7n \u0111\u1ea7u th\u00e1ng 9 c\u00f3 th\u1ec3 l\u00e0 ch\u1ec9 b\u00e1o s\u1edbm cho vi\u1ec7c th\u1ecb tr\u01b0\u1eddng c\u00f3 \u0111\u01b0\u1ee3c n\u00e2ng h\u1ea1ng v\u00e0o \u0111\u1ea7u th\u00e1ng 10 t\u1edbi.<\/p>\n

Trong khi \u0111\u00f3, kh\u1ed1i ph\u00e2n t\u00edch Ch\u1ee9ng kho\u00e1n Vietcombank (VCBS) v\u1eabn \u0111\u01b0a ra k\u1ecbch b\u1ea3n t\u00edch c\u1ef1c t\u1ea1i 1.854 \u0111i\u1ec3m trong 4 th\u00e1ng cu\u1ed1i n\u0103m 2025 v\u1edbi k\u1ef3 v\u1ecdng n\u00e2ng h\u1ea1ng th\u1ecb tr\u01b0\u1eddng c\u00f9ng lo\u1ea1t ch\u00ednh s\u00e1ch quy\u1ebft li\u1ec7t \u0111\u1ea9y m\u1ea1nh t\u0103ng tr\u01b0\u1edfng.<\/p>\n

Chi\u1ebfn l\u01b0\u1ee3c tr\u00e1nh b\u1ecb “\u1ea3o gi\u00e1c”<\/h2>\n

V\u1ec1 k\u1ef9 thu\u1eadt, kh\u1ed1i ph\u00e2n t\u00edch MBS cho bi\u1ebft th\u00e1ng 9 l\u00e0 m\u1ed9t trong 3 th\u00e1ng c\u00f3 hi\u1ec7u su\u1ea5t k\u00e9m trong n\u0103m, ch\u1ee9ng kho\u00e1n M\u1ef9 c\u0169ng c\u00f3 di\u1ec5n bi\u1ebfn t\u01b0\u01a1ng t\u1ef1 theo m\u00f9a.<\/p>\n

B\u00ean c\u1ea1nh \u0111\u00f3, ngo\u1ea1i tr\u1eeb nh\u00f3m c\u1ed5 phi\u1ebfu ch\u1ee9ng kho\u00e1n \u0111\u00e3 v\u01b0\u1ee3t \u0111\u1ec9nh, c\u00e1c nh\u00f3m c\u1ed5 phi\u1ebfu mang t\u00ednh d\u1eabn d\u1eaft hay v\u1ed1n h\u00f3a \u0111\u1ec1u \u0111\u00e3 t\u1ea1o \u0111\u1ec9nh v\u00e0 \u0111ang dao \u0111\u1ed9ng trong v\u00f9ng t\u00e1i t\u00edch l\u0169y tr\u01b0\u1edbc VN-Index.<\/p>\n

Do v\u1eady trong k\u1ecbch b\u1ea3n t\u00edch c\u1ef1c nh\u1ea5t h\u1ea7u h\u1ebft c\u1ed5 phi\u1ebfu s\u1ebd ph\u1ea3i ki\u1ec3m tra l\u1ea1i \u0111\u1ec9nh tr\u01b0\u1edbc khi h\u00ecnh th\u00e0nh xu h\u01b0\u1edbng t\u0103ng m\u1edf r\u1ed9ng, chuy\u00ean gia MBS d\u1ef1 b\u00e1o.<\/p>\n

Trong k\u1ecbch b\u1ea3n c\u01a1 s\u1edf, MBS cho r\u1eb1ng th\u1ecb tr\u01b0\u1eddng s\u1ebd h\u00ecnh th\u00e0nh v\u00f9ng t\u00e1i t\u00edch l\u0169y quanh ng\u01b0\u1ee1ng 1.700 \u0111i\u1ec3m. C\u00f2n v\u1edbi k\u1ecbch b\u1ea3n th\u1eadn tr\u1ecdng, c\u00e1c ng\u01b0\u1ee1ng h\u1ed7 tr\u1ee3 cho th\u1ecb tr\u01b0\u1eddng \u1edf khu v\u1ef1c 1.615 – 1.625 \u0111i\u1ec3m. Trong khi c\u00e1c \u0111\u1ec9nh cao m\u1edbi \u1edf v\u00f9ng 1.690 – 1.694 \u0111i\u1ec3m.<\/p>\n

V\u1ec1 chi\u1ebfn l\u01b0\u1ee3c giao d\u1ecbch, chuy\u00ean gia MBS khuy\u1ebfn ngh\u1ecb \u0111\u01b0a t\u1ec9 tr\u1ecdng c\u1ed5 phi\u1ebfu\/ti\u1ec1n m\u1eb7t v\u1ec1 m\u1ee9c c\u00e2n b\u1eb1ng. B\u1ed1i c\u1ea3nh hi\u1ec7n t\u1ea1i, n\u00ean t\u1eadp trung v\u00e0o c\u1ed5 phi\u1ebfu c\u1ee5 th\u1ec3, thay v\u00ec tham chi\u1ebfu v\u00e0o ch\u1ec9 s\u1ed1 chung d\u1ec5 g\u00e2y “\u1ea3o gi\u00e1c”.<\/p>\n

VN-Index d\u00f9 \u0111ang ti\u1ec7m c\u1eadn ng\u01b0\u1ee1ng 1.700 \u0111i\u1ec3m, nh\u01b0ng m\u1ed9t s\u1ed1 c\u1ed5 phi\u1ebfu \u0111\u00e3 gi\u1ea3m 15 -20% so v\u1edbi \u0111\u1ec9nh. Nh\u00f3m c\u1ed5 phi\u1ebfu n\u00e0y kh\u1ea3 n\u0103ng s\u1ebd c\u00f3 v\u00f9ng h\u1ed7 tr\u1ee3 tr\u01b0\u1edbc so v\u1edbi ch\u1ec9 s\u1ed1 chung. <\/p>\n

Do t\u1ec9 tr\u1ecdng v\u1ed1n \u0111ang t\u1eadp trung ch\u1ee7 y\u1ebfu \u1edf nh\u00f3m ch\u1ee9ng kho\u00e1n v\u00e0 ng\u00e2n h\u00e0ng, \u0111\u00e2y s\u1ebd l\u00e0 nh\u00f3m c\u1ed5 phi\u1ebfu t\u00edn hi\u1ec7u cho th\u1ecb tr\u01b0\u1eddng trong tu\u1ea7n n\u00e0y.<\/p>\n

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C\u00f4ng ty ch\u1ee9ng kho\u00e1n v\u1eabn k\u1ef3 v\u1ecdng kh\u1ea3 n\u0103ng \u0111\u01b0\u1ee3c n\u00e2ng h\u1ea1ng<\/h2>\n

Chuy\u00ean gia ph\u00e2n t\u00edch Ni\u00ean Nguy\u1ec5n – Ch\u1ee9ng kho\u00e1n Shinhan – cho bi\u1ebft nh\u00f3m c\u1ed5 phi\u1ebfu ch\u1ee9ng kho\u00e1n ghi nh\u1eadn m\u1ee9c l\u1ee3i nhu\u1eadn k\u1ef7 l\u1ee5c nh\u1edd s\u1ef1 s\u00f4i \u0111\u1ed9ng c\u1ee7a th\u1ecb tr\u01b0\u1eddng.<\/p>\n

Gi\u00e1 tr\u1ecb giao d\u1ecbch b\u00ecnh qu\u00e2n h\u1eb1ng th\u00e1ng trong n\u0103m 2025 \u0111\u00e3 t\u0103ng m\u1ea1nh, v\u01b0\u1ee3t c\u1ea3 \u0111\u1ec9nh c\u1ee7a giai \u0111o\u1ea1n 2021-2022. Ri\u00eang th\u00e1ng 7-2025, gi\u00e1 tr\u1ecb giao d\u1ecbch b\u00ecnh qu\u00e2n \u0111\u1ea1t 35.100 t\u1ec9 \u0111\u1ed3ng m\u1ed7i phi\u00ean. Sang th\u00e1ng 8-2025, con s\u1ed1 n\u00e0y ti\u1ebfp t\u1ee5c l\u1eadp k\u1ef7 l\u1ee5c m\u1edbi v\u1edbi 51.600 t\u1ec9 \u0111\u1ed3ng m\u1ed7i phi\u00ean.<\/p>\n

Tri\u1ec3n v\u1ecdng n\u00e2ng h\u1ea1ng th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam c\u00f9ng v\u1edbi \u0111\u00e0 t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf \u0111ang tr\u1edf th\u00e0nh l\u1ef1c h\u00fat m\u1ea1nh m\u1ebd \u0111\u1ed1i v\u1edbi d\u00f2ng v\u1ed1n \u0111\u1ea7u t\u01b0, theo chuy\u00ean gia Ni\u00ean Nguy\u1ec5n.<\/p>\n<\/div>\n

<\/pattern> <\/defs> <\/svg> \u0110\u1ecdc ti\u1ebfp <\/a> <\/pattern> <\/defs> <\/svg> V\u1ec1 trang Ch\u1ee7 \u0111\u1ec1 <\/a> <\/p>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n b\u1edbt h\u01b0ng ph\u1ea5n khi ti\u1ebfn g\u1ea7n v\u1ec1 m\u1ed1c 1.700 – \u1ea2nh: QUANG \u0110\u1ecaNH \u0110\u00e0 t\u0103ng th\u1ecb […]<\/p>","protected":false},"author":1,"featured_media":46870,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[94],"tags":[],"class_list":["post-46869","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tin-tuc-trong-nuoc"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/46869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/comments?post=46869"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/46869\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media\/46870"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media?parent=46869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/categories?post=46869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/tags?post=46869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}