In this morning's trading session on March 18, VN-Index continued to rebound strongly with a range of about 30 points, up to 1,740 points, but the difference is that half of the contribution came from VIC stock when it increased sharply by nearly 6% from quite early.
In addition to VIC, other stocks in the Vingroup group such as VHM, VPL are also increasing well, up nearly 3%, along with quite a few bluechips with green color and the oil and gas pair GAS, PLX showing signs of recovery.
However, after a fairly positive start, the market unexpectedly encountered difficulties in the second half of the session, when supply pressure suddenly increased widely. This made VN-Index unable to maintain the high increase as at the beginning of the session.
Closing the morning session on March 18, VN-Index increased by 2.85 points (+0.17%), to 1,713.14 points. Total trading volume reached more than 404.4 million units, worth 12,043.6 billion VND.
The VN30 group, from the dominant green color, reversed direction, when the number of declining codes was 16 names. Among them, DGC was still the focus of selling, falling to the floor price of 64,000 VND, matching orders were only 0.38 million units and floor selling surplus reached more than 29.5 million units.
The pressure to sell off DGC shares of Duc Giang Chemicals took place fiercely after the information that the Chairman and many business leaders were arrested, showing that panic still enveloped investors. This is a shock for many investors who are expecting a long-term recovery of DGC - a group with good business results and healthy finances.
After this information, Mirae Asset Securities Company decided to remove DGC from the list of securities licensed for margin trading. Previously, this company granted margin for DGC code with a ratio of 45% and a block price of 75,000 VND/share. At the end of December 2025, DGC shares also had a period of continuous floor decline in many sessions even though no unusual information was announced.
Returning to the market, among the stocks that fell sharply this morning, there was also STB when it fell quite deeply -4.7% to 64,000 VND, matching more than 9.4 million units. The rest only decreased slightly, with FPT, MSN, HDB, SSI losing 1-2%.
On the contrary, VIC shares are still the main support when contributing more than 12 points to VN-Index with a level of +5% to VND 153,500, matching more than 2 million units. Other gainers also only slightly increased, with GAS, VPL, BID, PLX increasing by 1-2%.
The VN-Index recorded a slight recovery after a previous series of fluctuations, successfully regaining the psychological threshold of 1,700 points. However, liquidity is still maintained at a low level, showing that participating cash flow is still cautious. This is still what experts are concerned about for this market recovery.
Experts predict that the market may still have some rebounds and slight recovery with the nearest resistance being the 1.740-1.750 point zone (equivalent to MA20 week). If this point-wise zone is not soon regained, the current correction momentum may not end and VN-Index is likely to return to test the support zone of 1.650 points.
Investors should only hold stocks with solid fundamentals and positive profit growth prospects in the first quarter of 2026, and sell some stocks that are weakening in price.
