Entering the session on April 24, the stock market was opened with the green of the market indicators thanks to good effects from the story of the US and the world stock market capabilities.
US stocks increased on Wednesday (September 23), in the hope that US-China trade tensions could soon ease, while US President Donald Trump signaled that he has no plans to fire the Chairman of the US Federal Reserve (Fed).
At the end of the trading session on April 23, the Dow Jones index increased by 419,59 points (equivalent to 1.07%) to 39,606.57 points. The S&P 500 index moved 1.67% to 5,375.86 points, and the Nasdaq composite index, combined with 2.50% to 16,708.05 points. All three major indicators recorded their second consecutive increase.
Meanwhile, the developments of the domestic market in the first minutes were quite similar compared to yesterday morning, April 23, when the VN-Index had a stronger increase of 10 points when opening but also lowered the index immediately afterwards and retreated to near the reference level after more than an hour of trading.
At the end of the morning session, the HOSE floor had 230 stocks increasing and 226 stocks decreasing, the VN-Index increased by 3.08 points (+0.25%), to 1,214.08 points. Total trading volume reached more than 356.5 million units, worth VND 7,690.2 billion, down 26% in both volume and value compared to yesterday morning's session. The deal contributed nearly 7 million units, worth nearly 136 billion VND.
The bluechip group with two prominent names, BVH and VIC, had a remarkable increase compared to the rest. Accordingly, BVH +4.7% to 46,050 VND, matching 0.63 million units and VIC +4.44% to 61,200 VND, matching 4.2 million units.
On the other hand, SHB led the decline, but also lost only 2.7% to VND 12,650 and continued to be the leading liquidity stock in the VN30 group and the highest in the market with more than 45 million units matching orders. This development shows that pressure is appearing in large-cap stocks.
Although green is still dominant on the electronic board, most stock industry groups only have light green, especially bluechips and cash flow are generally quite cautious, causing liquidity to slow down significantly.
Only a few stocks in the seafood, export, industrial park, real estate groups... are attracting positive price buying orders.
SHB shares are leading market liquidity with a trading volume of more than 35 million units. Followed by NVL with a trading volume of more than 19.5 million units.
According to analysts, the return of banks, securities and temporary real estate helps VN-Index trading stable on 1,200 points. The market will have differentiation in the 24.4 sessions, mobilized according to the newspaper publication in the first quarter of the first quarter of 2025 and the level of influence from the reciprocal tax from the US.
Experts from SHS Securities Company assessed that the short-term trend of VN-Index is still declining below the nearest resistance zone of 1,230 points. VN-Index is trying to recover, creating a balance around the price range of 1,200 points.
This is a strong psychological support zone, an average price zone in the past 5 years, as well as the highest price zone in 2018. Stronger support is the price zone around 1,170 points, corresponding to the price of the recovery session after the US counterpart tax was postponed.
Meanwhile, market analysis at Yuanta Securities Company still maintains a positive forecast when it believes that the market may continue to increase in the next session and the VN-Index may challenge the 20-session average (ie 1,235 points).
At the same time, the market is still in a short-term accumulation period, so investors need to pay attention to the trend in each stock, and especially liquidity can still be low.
The market is entering the stock market congress season, so the development of stock prices may be affected by business plan information. The upward psychological indicator shows that investors are still optimistic about the current market developments.
