The stock market entered the trading session on April 17 in a positive state, inheriting the strong upward momentum from the previous session.
At the end of the trading session on April 17, VN-Index decreased slightly by 2.66 points (-0.15%) to 1,817.17 points, but still maintained above the threshold of 1,800 points. Meanwhile, HNX-Index increased by 3.51 points (+1.37%) to 260.00 points, continuing to maintain the upward momentum.
Vingroup shares differentiate, support moves to other pillar groups
In today's trading session, the Vingroup group of stocks continued to become the focus of the market as VIC, VHM and VRE maintained positive increases, contributing significantly to the general index's upward momentum.
Specifically:
- VIC ended the session with a score of 187.90 points, down 1.40 points (-0.74%);
- VHM ended the session with a score of 135.70 points, down 7.40 points (-5.17%);
- VRE ended the session with a score of 28.60 points, down 1.00 points (-3.38%).
Strong demand appeared in the afternoon session, showing that cash flow is still concentrated in the group of pillar stocks that are likely to lead the market. The positive developments of this group of stocks contribute to helping VN-Index maintain an upward state and strengthen investor sentiment in the context that the market is testing high price zones.
Banks and oil and gas attract money, keeping the market pace
Besides the pillar stock group, cash flow continued to record improvement in the banking group when many large codes such as VCB, BID, CTG, TCB, MBB and ACB in today's trading session all had positive green color, playing a role in supporting the index. In which:
- VCB ended the session at 59.50 points, up 0.10 points (+0.17%);
- BID ended the session at 40.30 points, up 0.10 points (+0.25%);
- CTG ended the session at 34.85 points, up 0.25 points (+0.72%);
- TCB ended the session at 32.25 points, up 0.35 points (+1.10%);
- ACB ended the session at 23.75 points, up 0.10 points (+0.42%);
This is still the group of stocks that has a major impact on the VN-Index diễn biến in the context that credit growth expectations in 2026 continue to be boosted.
In the oil and gas group, codes such as GAS, PVD, PVS, BSR and PLX attracted the attention of investors as world energy prices remained high and the supply risk from the Middle East has not cooled down.
Specifically:
- GAS ended the session with a score of 80.10 points, up 1.70 points (+2.17%);
- PVD ended the session with a score of 33.30 points, up 0.40 points (+1.22%);
- PVS ended the session with a score of 38.70 points, up 0.40 points (+1.04%);
- BSR ended the session with a score of 26.70 points, up 0.90 points (+3.49%);
- PLX ended the session with a score of 39.95 points, up 0.85 points (+2.17%);
In the context of the market continuing to differentiate, cash flow is likely to still prioritize the banking and oil and gas groups - two stock groups that are likely to lead the index and clearly reflect macroeconomic expectations in the coming time.
Global stock market cautious about Middle East developments
Asian stocks are heading for their second consecutive week of gains in Friday's session, while oil prices remain below the 100 USD/barrel mark as investors actively reduce risks before the weekend is considered crucial for the prospect of cooling down the Middle East conflict.
The 10-day ceasefire between Israel and Lebanon officially took effect from Thursday. At the same time, US President Donald Trump said that the next round of negotiations between the US and Iran could take place this weekend, when the current ceasefire agreement between the two sides is about to expire.
The market's optimism is reinforced by expectations of a diplomatic step forward, although the Strait of Hormuz - a strategic transportation route that accounts for about 20% of global oil and gas supplies - has not yet been fully unlocked. This development helps oil prices remain below the threshold of $100/barrel, although still significantly higher than before the conflict. Brent oil prices fell more than 1% to 98.14 USD/barrel, while US WTI oil fell 1.4% to 93.37 USD/barrel.
On the stock market, the MSCI Asia-Pacific (excluding Japan) index fell 0.83% as investors took profits after a strong increase in the month. However, this index is still approaching its highest level since the beginning of March and has increased by 14% in April, significantly reversing the decline of 13.5% in the previous month. Most stock markets have returned to the price range before the Iranian conflict broke out at the end of February.
In the US, futures contracts were almost sideways in the Asian session, while the European market was forecast to open cautiously. Previously, key indices such as the S&P 500 and Nasdaq continued to set new highs for two consecutive sessions, supported by positive business results of businesses.
Mr. Andrew Chorlton, Director of Fixed-Income Investment at M&G, said that the market is reacting quite quickly to the prospect of cooling down the conflict, even somewhat "subjective" as it does not fully reflect the risks to growth and inflation.
There is a clear difference between the warnings of policymakers and the current market valuation of risks," he said.
Sharing the same cautious view, Mr. Nick Twidale - Chief Strategy Officer at ATFX Global said that the stock market's upward momentum will only be sustainable if there is clear evidence of long-term peace, especially the full reopening of the Strait of Hormuz. Otherwise, the market may face strong corrections in the near future.
