VN-Index closed the trading week from April 13-17, increasing by more than 67 points, extending the four-week consecutive recovery streak. At the end of the trading week, the VN-Index increased by 67.17 points, equivalent to +3.84%, to 1,817.17 points.
Liquidity has not exploded yet, but maintained stability. The main driving force of the market still comes from the Vingroup group of stocks, especially VIC and VHM. These two codes contributed the majority of the index's increase, with VIC pulling nearly 63 points and VHM adding about 14 points throughout the week.
Market breadth is generally positive but strongly differentiated. Real estate is the most prominent group, besides retail, agriculture and steel. In the opposite direction, insurance, pharmaceuticals and oil and gas are under adjustment pressure.
However, foreign investors continue to be a major minus point. Accumulated after 5 sessions, foreign investors net sold VND 4,689 billion across the market.
Most experts and securities companies expect the market's upward momentum to continue, but investors are still recommended to maintain a cautious strategy in the context of possible fluctuations.
According to the assessment of analysts at Pinetree Securities Company, positive information from the US-Iran negotiation developments at the end of the week may support the upward momentum in the first half of the new week. However, current cash flow does not show the possibility that the market may continue to rise immediately, but it is likely that a short correction will be needed.
On the technical chart, the appearance of many Doji cand candlestick patterns in the hour frame reflects a state of hesitation and profit-taking pressure is still high.
In the last trading week before the holidays, Pinetree experts said that the positivity of the large-cap group made the market look better than it actually did, but cash flow in other key sectors such as banking was not too positive.
The market in the last trading week before the holidays is highly likely to have a phase of adjustment accumulation, investors should limit leverage ratios, open new purchases in the investment session and proactively take profits to preserve profits.
Asean Securities Company assesses that the VN-Index is likely to continue its recovery momentum in the short term. The near support zone is defined around 1,750 points, while the near resistance is in the 1,900 point area.
With the short-term trading school, investors who have a large proportion of cash can disburse partially at fluctuations, prioritizing stocks that are moving in a short-term uptrend on the technical chart, belonging to the fields of real estate, banking, securities, retail - consumer...
With the long-term buying and holding style, the AseanSe analysis group recommends that investors prioritize holding, focus on leading stock groups and maintain profit growth prospects in the 2026 period.
According to the assessment of Saigon - Hanoi Securities (SHS), the short-term trend of VN-Index still maintains its upward momentum, heading towards the resistance zone around 1,850 points. However, the possibility of surpassing this zone in the short term is not really clear because after a 4-week consecutive increase from the 1,600 point zone to near 1,850 points, adjustment pressure began to appear. The main driving force of the market - the group of stocks belonging to the Vingroup ecosystem - is under short-term profit-taking pressure as it approaches the historical peak.
SHS experts believe that the opportunity for strong growth on a large scale is still unclear as many industry groups are still showing less positive developments. However, cash flow is showing signs of gradual improvement after the accumulation phase, opening up opportunities to select stocks.
Investors are recommended to maintain a reasonable ratio, monitor macroeconomic factors such as geopolitical developments in the Middle East or margin balance data for the first quarter of 2026 before increasing the ratio.
Dr. Nguyen Duy Phuong, Investment Director of DG Capital, said that in the context of a "green shell, red heart" market, observing the index is no longer very meaningful, but it is necessary to focus on price behavior and cash flow on each stock.
