Investment analysis
KBSV Securities: The VN-Index experienced a gradual decline with a widening range before partially recovering towards the end of the session. Selling pressure weakened somewhat, and increased bargain hunting around the support level near 1.07x helped the index avoid a sharp decline.
Nevertheless, with the downward trend remaining dominant, the VN-Index is facing the risk of retreating to a deeper support level around 1,055 before a clearer recovery opportunity arises. Investors are advised to restructure their portfolios to a safe level and only partially increase their holdings around this distant support level.
Asean Securities SC: The downward trend in the overall market continues as large capital inflows are not entering the market. In addition, Q3 earnings results so far have fallen short of expectations, causing most individual investors to hesitate to return to the market.
Analysts believe the market will likely need to retest the support zone near 1,080 – 1,090 points in the next session. Therefore, investors should continue to maintain an average stock allocation, limit trading, and wait for clearer signals from capital flows.
PSI Securities: The technical chart of the VN-Index shows a bearish Marubozu candlestick, indicating that selling pressure remains relatively strong. Liquidity continues to be low and below the 20-day average, reflecting cautious sentiment from investors.
Currently, the resistance zone for the VN-Index is 1,070 – 1,085 points. Additionally, the RSI indicator is currently in the oversold zone, so technical rebounds are likely to occur in the following trading sessions.
The current recommendation is to only restructure short-term stock portfolios during market rallies, avoiding panic selling during market downturns.
Stock market news brief
- Steel futures for January 2024 delivery on the Shanghai Futures Exchange fell by 59 yuan to 3,570 yuan/tonne at 10:00 AM (Vietnam time).
- The export price of Vietnamese 5% broken rice has returned to $643 per ton, the highest price during the rice price surge that occurred in early August .
Source
![[Photo] General Secretary To Lam presides over a meeting with the Editorial Teams to summarize 100 years of the Party's leadership of the Vietnamese revolution and 40 years of implementing the National Construction Program.](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2026/03/04/1772601288977_a1-bnd-8134-7576-jpg.webp)
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