VIC family and export stocks increased strongly, VN-Index gained 12 more points

On April 24, the stock market opened with the VN-Index increasing by more than 3 points due to positive news from the trade war launched by the US. The index quickly jumped to 11 points in the first half hour when a series of codes related to "Trump tax" such as VHC, FMC, IDI, MSH, TCM, SIP, BCM, SZC, VSC... all recorded large increases. However, pressure from sell orders on banking stocks caused the index to even fall to the reference near the end of the morning session.

Thời báo Ngân hàng•24/04/2025

VN-Index tăng điểm trong phiên giao dịch

VN-Index increased points in the trading session

In the afternoon session, the positive effect after the information from the General Meeting of Shareholders caused VIC to quickly jump to the ceiling price, pulling up the increase of VHM and VRE. In addition, BVH and HDB also joined the strong increase. The explosion in the afternoon session of these large stocks, combined with the group of stocks "affected by Trump tax" from the morning session, helped the VN-Index increase again and close 12.35 points higher than the reference.

Commenting on the underlying market, stock experts said that major markets in Asia fluctuated slightly as investors waited for China's response after the US reduced tariffs on imported goods from this country. Domestically, the VN-Index increased by more than 12 points thanks to the increase of VIC and export-related stocks.

Technically, VN-Index continues to increase with low volume and close to MA20, making this 1,223 point area a challenging point for the trend in the next session. The main trend of the market is still down.

Technical analysis, VCBS said that VN-Index ended the session with a green candle and remained above the 1,220 point mark thanks to the efforts of VIC stocks. On the daily chart, the CMF indicator continued to move up, showing that the cash flow was moving more actively when VN-Index maintained well above the support zone of 1,200-1,210 points and gradually moved up to higher points. The MACD and RSI indicators unanimously pointed up, consolidating the recovery, however, the general index is approaching the resistance at MA20, so it is necessary to pay attention to the possibility of fluctuations in the next session.

On the hourly chart, the +DI line is about to cross the -DI line, indicating that momentum is gradually returning to the VN-Index. However, the ADX line is below 25, so in general, the short-term trend will be upward with alternating increases and decreases. The MACD and RSI indicators are in agreement with the upward trend as in the daily chart, so it is expected that the market will soon move up to test the 1,230-1,250 point range.

VCBS believes that the market continues to show differentiation between stock groups, even between stocks in the same industry group, there is a difference in growth amplitude and cash flow attraction power. This partly shows investors' expectations about the business results of each quarter as well as the prospects for each enterprise.

Source: https://thoibaonganhang.vn/ho-vic-va-co-phieu-xuat-khau-tang-manh-vn-index-co-them-12-diem-163323.html