The stock market regained its green color in a short time in the morning. However, due to the absence of the leadership of a group of stocks, the market trading took place quite sluggishly.
Notable developments only came in the second half of the afternoon session, when investors suddenly sold very strongly and decisively oil and gas, chemical stocks, while the red color also expanded in the bluechip group, causing VN-Index to officially break the 1,690 point mark and once again this support level took effect, attracting demand to participate, helping VN-Index narrow downward momentum when closing.
At the end of the session, VN-Index decreased by 13.37 points (-0.78%), down to 1,696.24 points. Total trading volume reached more than 1.02 billion units, worth 27,428 billion VND. Thus, in the past trading week, VN-Index decreased by 71.6 points, equivalent to -4.05%. As a result, it recorded the second consecutive week of sharp decline, after losing more than 112 points in the previous week, equivalent to a decrease of nearly 6%.
The most notable stock groups today are oil and gas and chemicals, when they were simultaneously sold at low prices at the end of the session. Among them, in the bluechip group is the oil and gas pair PLX and GAS when both decreased to the floor price of 48,400 VND and 91,800 VND, matching 11.9 million and more than 4.44 million units respectively, while chemicals are DGC when it decreased sharply by more than 4% to 77,400 VND.
Other codes in the group such as BSR and PVT also fell to the floor price, with BSR matching more than 35.6 million units and PVT matching more than 24.6 million units and still having a floor selling surplus of nearly 4 million units, while PVD, PVP decreased by more than 3%. Chemical industry stocks with DPM, CSV, DCM, BFC decreased from more than 2% to more than 5%.
In the real estate stock group, shares of No Va Real Estate Investment Group JSC (Novaland) continued to attract cash flow when increasing to the ceiling in the morning session of March 13, to 12,650 VND/share. Liquidity in the morning alone exceeded 22 million shares, the highest since November last year. This is the 4th consecutive increase session of this real estate code since March 10. In the two sessions of March 12 and morning, both increased to the ceiling. Not long before that, this stock sometimes fell to around 10,000 VND/share and then rebounded.
The increase helped the market capitalization of the enterprise founded by Mr. Bui Thanh Nhon exceed 28,000 billion VND. In the last 4 sessions, NVL's market price has increased by more than 26%.
However, the current price is still not the lowest level of this stock in about 1 year. In April last year, when the market was concerned about tariff risks from the US, NVL once fell below 8,000 VND/share. After that, the stock rebounded sharply by 145%, to about 19,000 VND/share in mid-August before turning down again.
The price movement of NVL in the past time has also been quite erratic. After reaching the nearest peak in mid-August 2025, the market price decreased by nearly half. By mid-November 2025, the stock had many ceiling increase sessions again, bringing the price back to the 16,000 VND/share range, right before Novaland announced a record Q4 profit of nearly 3,200 billion VND.
Commenting on the market, experts from CSI Securities Company believe that the conflict in the Gulf region has not shown signs of cooling down, which is probably the main reason why market sentiment is placed at a relatively cautious level and needs more time for VN-Index to re-accumulate and consolidate for the next trend.
Today's decrease was assessed as relatively appropriate when it curbed the excitement of the crowd, while there were still many bright names closing with a ceiling increase and becoming money-attracting machines when demand was not strong enough to carry the spreading factor.
The VN-Index is likely to move sideways, accumulating again in the range of 1,650-1,750 points with liquidity gradually decreasing before entering a new trend, depending on the diễn biến of oil prices in particular and the conflict in the Middle East region in general.
Accordingly, experts maintain a cautious view, recommending that investors not rush to return to new buying positions and investors should continue to hold their current portfolios, maintaining purchasing power in case the market has a correction.
