The stock market next week is forecast to continue to maintain a state of differentiation after VN-Index ended the trading session on Friday moving around the 1,800 point zone. Cash flow is likely to continue to focus on banking and oil and gas stocks - two groups that are playing a role in supporting the index in the context of the market testing high price zones.
Banking and oil and gas groups continue to play a leading role
In recent trading sessions, VN-Index has maintained stability above the 1,800 point mark despite short-term fluctuations. This development shows that cash flow is still concentrated in the group of pillar stocks that have a major impact on the index.
The banking group continues to play a role in supporting the market with large-cap stocks such as VCB, BID, CTG, TCB, MBB and ACB maintaining positive trading status. This is still the stock group that has a major impact on the VN-Index diễn biến in the context of credit growth expectations in 2026 continuing to be boosted.
In the oil and gas group, codes such as GAS, PVD, PVS, BSR and PLX continue to attract investors' attention as world energy prices remain high and supply risks from the Middle East have not cooled down. Cash flow tends to turn to stock groups benefiting from oil price fluctuations, thereby supporting market sentiment in the short term.
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 in the next trading week.
The international market and monetary policy continue to be important variables
In the international market, geopolitical developments in the Middle East are still a major factor affecting global investor sentiment. Although expectations of diplomatic progress are helping the financial market stabilize, risks related to the Strait of Hormuz – the world's strategic energy transport route – have not been completely eliminated.
In addition, the market also continues to monitor US economic data to assess the policy outlook of the US Federal Reserve. Expectations that interest rates will remain high for a long time may affect global capital flows, thereby indirectly impacting the stock market.
In the basic scenario, VN-Index is likely to continue to fluctuate in the range of 1,800–1,850 points when cash flow is still concentrated in the pillar stock group. However, the market may experience short-term fluctuations if geopolitical factors or international interest rate fluctuations increase.
