The VN-Index increased by 8.83 points to 1,358.18 points, setting the highest mark since the beginning of the year. Notably, this is also the highest price zone in more than 3 years.
Market liquidity increased compared to the previous trading session, with the trading volume matched by the VN-Index reaching more than 734 million shares, equivalent to a value of more than VND 18,200 billion. HNX-Index reached more than 88.2 million shares, equivalent to a value of more than VND 1,700 billion.
Foreign transactions continued to be a minus point when they net sold nearly 225 billion VND in the whole market.
The main driving force for the market to increase the destination is large-cap stocks, especially Vingroup and oil and gas stocks. VIC shares alone increased sharply, contributing more than 4 points to the VN-Index, while VHM also contributed more than 2 points to the VN-Index.
It can be seen that, while the red color is overwhelming due to concerns about escalating tensions in the Middle East, both VIC and VHM stocks have increased strongly, becoming a fulcrum to help the market overcome the adjustment pressure.
The cash flow poured in decisively towards the end of the VIC stock pulling session, the ceiling increased dramatically "clearing the selling side" while VHM also closed with an impressive increase of 5.4%. The developments are somewhat surprising as these two stocks are in the process of adjustment after reaching a long-term peak.
Since the beginning of the year, VIC has increased by nearly 130% while VHM has increased its market price by 85%, ranking among the stocks with the strongest increase on the stock exchange. Market capitalization of Vingroup and Vinhomes reached VND350,000 billion (US$ 13.7 billion) and VND300,000 billion (US$ 11.7 billion), respectively, behind only Vietcombank.
A notable signal is the deliberate shift of cash flow. Cash flow is still rotating towards mid- and large-cap stocks - showing that market sentiment is proactively seeking new opportunities in addition to familiar leads. In that context, experts say that banking, real estate and energy stocks will continue to attract attention in the new week.
The market is entering a sensitive period as it awaits the results of international negotiations related to tariffs and trade, a factor that can affect global investor sentiment. In the country, the profit picture in the second quarter of 2025 is expected to improve but there will also be a clear differentiation between industry groups.
Experts from the Market Strategy Research section of HSC Securities Company commented that if there is a breakthrough progress from the tariff negotiation round with the US, the VN-Index may continue to fluctuate in the accumulation range from 1,300 to 1,350 points in the next few weeks. The support level around 1,300 points is still a reliable support, while 1,350 points continue to be a short-term resistance zone.
During the period of sideways market, the opportunity will belong to stocks with a separate story, capable of maintaining growth momentum despite general trends. Investors should limit strong disbursement at the peak, but can take advantage of technical adjustments to accumulate stocks that converge two factors. That is, they are in the group of industries that benefit from policies or are less affected by tariff risks. And the group has a different investment thesis than the rest of the industry.
