Entering today's trading session (June 5), the stock market continued to increase early, heading up to the 1,840 point mark with the main support still being the familiar name VIC.
The rest of the electronic board is still dominated by red, while cash flow is still maintained at a low level, reflecting investors' caution with the current "green shell, red core" status.
Closing today's trading session, VN-Index increased by 7 points compared to the reference level to 1,838.9 points. However, if excluding the contribution of the Vingroup group, the index will decrease sharply. This is the third consecutive week that the market has traded below the psychological threshold of 1,900 points.
Thus, this week, the VN-Index recorded a decrease of 24.59 points and is the third consecutive week of adjustment after losing more than 13 points and 44 points in the previous two weeks.
On the HOSE floor, there were 203 declining stocks and 95 increasing stocks. Investors were not enthusiastic about participating in the market, causing liquidity to disappear with the trading volume on HOSE only having 503 million successfully matched shares, equivalent to 13,800 billion VND.
Liquidity mainly concentrated in the large-cap group with nearly 9,000 billion VND. The market did not record any codes matching orders of trillions of VND. In that context, foreign investors had a net buying session of more than 300 billion VND, cutting off the 15-session consecutive net selling streak.
VIC shares were the pillar for the market in the last session of the week when they increased by 3.4% to 207,000 VND, contributing to the index by more than 11 points. VHM increased by 1.3%, helping the index increase by more than one point.
Meanwhile, pillar stocks in other industries all had trading sessions that were not very exciting. In the banking group, leading stocks such as BID, LPB, STB, VCB and CTG all decreased below the reference level with a common decrease of 1%. The real estate group also had a correction session with many stocks of real estate giants decreasing by over 1%.
Analyzing the issue of cash flow in the current market, experts believe that the macroeconomic picture in May recorded some bright spots such as FDI capital growth, along with the recovery of exports, production and domestic consumption.However, pressure still exists as inflation continues to increase due to high oil and raw material prices, besides the large trade deficit in the first 5 months of the year increasing exchange rate pressure.
With these developments, the room for monetary policy easing is narrowed and the interest rate level is likely to remain high in the near future.At this time, cash flow is obviously affected, making it difficult for the stock market to have strong momentum to increase in the short term.
However, VN-Index will hardly fall deeply with the current low valuation level. The 1,800 point threshold may play an important anchor. If the market adjusts to this area, it is likely that strong enough demand will appear to support the index recovery. The market may also receive positive information related to Q2/2026 business results.
According to experts' assessment, the end of June is usually the period when business result estimation information appears.Therefore, this may be a suitable time to accumulate industry groups such as consumer goods, building materials and banking.
