The stock market is experiencing a series of consecutive declines with low liquidity. In today's trading session on May 29, which is also the last trading session of May, the market continued to witness fluctuations with a low amplitude and sluggish, boring trading throughout the session.
With low liquidity and cautious cash flow from early in today's session, it did not give VN-Index any significant opportunities. Closing today's trading session on May 29, VN-Index decreased by 0.18 points (-0.01%), to 1,863.49 points.
Total trading volume reached more than 688 million units, worth 19,582.5 billion VND. Regarding foreign investors' transactions, this block continued to net sell more than 703.03 billion VND on the HOSE exchange, focusing on CTG (92.25 billion), VHM (81.26 billion), VPB (71.29 billion) and ACB (68.26 billion) codes.
Thus, at the end of the trading week from September 25-29, VN-Index decreased by 13.64 points, equivalent to -0.73%.
The highlight of the market in today's session is that the oil and gas stock group unexpectedly welcomed good buying power, with GAS closing the session at the ceiling price of +7% to 87,400 VND, two other codes in the same industry in the VN30 basket, BSR and PLX, followed immediately with an increase of around 4% each to 29,750 VND and 41,000 VND respectively.
Regarding the level of impact, VHM, VCB, BID and GEE are the codes with the most negative impact on VN-Index and took away more than 4.38 points. In the opposite direction, GAS, BSR, MCH and VIC are codes that maintained green color and helped the index increase by 6.65 points. Other bluechips mostly only fluctuated slightly in price.
Looking back at the diễn biến of the stock market in recent sessions, it can be seen that VN-Index has ended the strong growth phase, is moving to a correction and accumulation phase with the nearest support zone around 1,850 points, resistance around 1,900 points, corresponding to the current 20-session average price range.
VN-Index is under adjustment pressure to the price range of 1,850 points. The short-term trend only improves well when it surpasses the resistance of 1,900 points. In less positive cases, failing to maintain the support zone around 1,850 points, VN-Index may continue to be under adjustment pressure to 1,750 - 1,800 points.
In the short term, experts predict that the VN-Index will still fluctuate in a very narrow range with the influence of rotation between leading stock groups. However, the short-term quality has not really improved even though many stock groups are still in the medium and long-term accumulation process that has lasted from the end of March 2026 to now.
Investor sentiment is less positive when many short-term positions are not profitable, under pressure to stop losing when the price trend ends short-term growth.Investors should restructure and balance their short-term portfolios.Positions with increased investment proportions should only be considered when the short-term quality of the market improves well again.
