At the end of the trading session on May 6th, VN-Index increased by 16.35 points (+0.87%), to 1,891.2 points; HNX-Index increased by 1.04 points (+0.42%), to 248.46 points. The breadth of the whole market with green color is somewhat overwhelming when buyers have 439 gainers and sellers have 302 losers. Similarly, green color also dominates the VN30 basket with 24 gainers, 3 losers and 3 reference codes.
Market liquidity increased compared to the previous trading session, with the matched order trading volume of VN-Index reaching more than 875 million shares, equivalent to a value of more than 23,825 billion VND; HNX-Index reached more than 521 million shares, equivalent to a value of more than 992 billion VND.
Regarding foreign investors' transactions, this block continued to net sell more than 1,102 billion VND on the HOSE exchange, focusing on FPT codes (453.35 billion VND), ACB (213.21 billion VND), HPG (212.12 billion VND) and VIC (186.88 billion VND). On the HNX exchange, foreign investors net sold more than 2.2 billion VND.
Regarding the level of impact, VCB, STB, TCB and LPB are the codes that maintained green color and helped the index increase by more than 3.7 points. In the opposite direction, MCH, FPT, NVL and VHM are the codes that have the most negative impact on VN-Index and took away more than 1.7 points.
The focus stock of the morning session, NVL, still maintained active trading this afternoon, but due to strong selling pressure, it could not reverse successfully when closing down 3.65% to 17,150 VND, the largest matched volume in the market of 75.34 million units.
The financial sector is the group with the strongest increase in the market with 1.39%.The securities company group had a positive trading session when all closed up.Although SSI had the 3rd increase in the VN30 basket, it was not the strongest gaining code in the group, but VIX and HCM when closing at the ceiling price of 17,600 VND and 28,450 VND.Liquidity also increased strongly with 56.15 million units and 26.25 million units.This group also had 2 more codes increasing by more than 4%, ORS and VND; 2 codes increasing by more than 3%, VCI and CTS; 8 codes increasing by more than 2%.
Today's gaining session, although less than yesterday's session, but the overall diễn biến is more positive when there is no longer a situation of "green shell, red heart", pulling pillars, but cash flow has spread more widely, green dominates the electronic board.The VN-Index recorded a recovery session with increased liquidity compared to the previous session, showing that cash flow has returned.
The diễn biến of the index is supporting the wave scenario that is forming with However, the VN30-Index is having a weaker increase than the main index, showing that the upward inertia is showing signs of weakening in the large-cap group.
The market is still significantly dependent on large-cap stocks, causing differentiation and volatility to possibly last in the short term.However, correction waves are still opportunities for cash flow to select and accumulate stocks with good foundations.
Experts predict that the VN-Index will still maintain its upward momentum but accompanied by fluctuations and caution of cash flow.The resistance zone of 1,865 that the index surpasses may become potential support in the near future, so it is estimated that the VN-Index will move in the range of 1,865-1,925 points in the short term.
In the context that the market is still struggling and a clear trend has not yet formed, the possibility of a strong breakthrough in the short term is not really convincing.In the near future, the 1,900 point range will play a role as a key resistance threshold, where profit-taking pressure may increase significantly and make the index face the risk of correction.
