Continuing its recovery, the VN-Index rose nearly 19 points.

VN-Index tiếp tục tăng khá mạnh trong phiên giao dịch đầu tuần

The VN-Index continued to rise quite strongly in the first trading session of the week.

In the early afternoon session, a series of stocks, both large and small, surged, including some affected by tariffs such as ANV, VHC, and VGC. The price surge of these stocks, combined with the limit-up gains of nearly 30 other stocks, resulted in over 300 stocks rising on the HSX. The VIC group duo, VIC and VHM, continued their strong upward trend, reaching their upper limit. As a result, the Vn-Index closed up nearly 19 points from the reference point. However, trading volume only reached just over 24 trillion VND.

Regarding the underlying market, experts said that Asian stocks rose across the board as more positive prospects emerged in trade negotiations with the US. Domestically, the VN-Index increased by nearly 19 points, led by the VIC group of stocks.

Technically, the VN-Index rose sharply and closed with a small-bodied candlestick, indicating that although buying pressure remained dominant, it no longer completely overwhelmed selling pressure as in previous sessions. The index is approaching the 1,250-point resistance level and is predicted to fluctuate around the 1,230-1,250 point range for the next few sessions. Investors should avoid chasing the next resistance level.

From its perspective, VCBS stated that the VN-Index continued its recovery, rising 19 points despite a slowdown in liquidity. The main driving force was the Vin Group (VIC hit the ceiling price, VHM +4.86%, VRE +3.09%) and HPG (+4.12%). Conversely, the banking sector showed signs of correction, somewhat impacting the overall index's upward momentum. Money flow showed a clearer divergence, shifting to other stocks/sectors such as real estate-industrial parks, retail, chemicals-fertilizers, and construction. Liquidity decreased by approximately 45% compared to the same time in the previous session, indicating the market is seeking equilibrium after two strong recovery sessions.

With stronger buying pressure, the VN-Index widened its gains in the afternoon session, reaching a daily high of over 20 points above the reference level. Besides the groups of stocks that maintained their upward momentum from the morning session, the afternoon saw further gains from the securities sector (VIX +7%, VND +6.6%) and the shipping sector (HAH +5.88%, PVT +7%). Foreign investors returned to light net selling with a total net value of 113.82 billion VND, mainly sellingFPT , HCM, and VNM. At the close of the session, the VN-Index closed at 1,241.44 points, up 18.98 points, or 1.55%.

Technical analysis by VCBS suggests that the VN-Index closing near its highest point of the session reflects the efforts of buying pressure and the support of some large-cap stocks. On the daily chart, the index is moving closer to the old support zone of 1,250 points with clearer differentiation between industry groups. The CMF indicator has risen above 0, indicating that buying pressure is still temporarily dominant, with smart money seeking out stocks with good short- and medium-term potential. However, all three lines +/-DI and ADX are moving above 25, so it is highly likely that the VN-Index will trade sideways in the 1,230-1,250 point range to find equilibrium before moving to higher levels.

On the hourly chart, the RSI and MACD indicators are moving into higher zones and have not yet shown signs of forming a peak. Simultaneously, the CMF money flow indicator remains above 0 and is trending upwards, indicating that the market is still in a stable recovery phase. However, with liquidity no longer fluctuating as sharply as in previous sessions, there is a high probability that the general index will stabilize around the old support zone of 1,230-1,250 points to achieve short-term equilibrium.

Regarding trading strategy, VCBS believes that the market continues to recover and rise, however, the upward momentum has slowed down somewhat as capital flows signal potential divergence in the coming sessions. Given the current situation, investors are advised to continue holding stocks that are maintaining strong upward momentum, and may consider selectively investing in a few stocks within sectors attracting strong capital inflows during the session with small proportions to capitalize on the overall market recovery. Some sectors to watch include retail, shipping, and securities.

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