The stock market extended its upbeat momentum as capital continued to flow into large-cap stocks. The benchmark index for the ho chi minh city stock exchange remained in positive territory throughout the session, at one point gaining almost 30 points and surpassing 1,780 points. The increase later narrowed to 17 points, closing around the short-term resistance level.

This marks the third consecutive session of gains, bringing the index's total accumulation to 40 points.

In its weekly market report, analysts at Kafi Securities Company suggest that the short-term trend leans towards accumulation and recovery. If the index surpasses 1,760 points with sustained high liquidity, it could extend its recovery phase beyond 1,800 points. The rotation of capital among different sectors indicates an ongoing absorption of selling pressure, reinforcing the scenario of establishing a new price foundation rather than a deep correction.

Despite this, Kafi analysts still advise investors to avoid aggressively buying during strong rallies, recommending instead to wait for market corrections before deploying capital.

In today's session, the ho chi minh city stock exchange saw over 170 advancing stocks, outnumbering the 135 declining codes. The large-cap basket also escaped the "green outside, red inside" situation, where the index rises but declining stocks dominate. The VN30 index today gained over 20 points, with 21 stocks closing above their reference price, nearly three times the number of declining stocks.

VIC continued to lead the list of stocks positively impacting the VN-Index, contributing 9 points. This stock rose an additional 3,4%, surpassing 165,000 dong. Other stocks on this list included VHM, HPG, TCX, ACB, HDB, and more.

Investors monitor the electronic trading board at Kafi Securities Company, 4/2026. Photo: Quynh Tran

By sector, banking stocks performed best, although their gains were not substantial. VPB and ACB were two large-cap representatives that saw increases of over 1%, while HDB, SHB, TPB, TCB, CTG, and others fluctuated between 0,5% and 1% compared to their reference prices. Conversely, some stocks in this group experienced significant corrections, such as STB, MSB, and VIB.

In the oil and gas sector, red dominated. Key stocks like GAS and PLX fell 1,7% and 1,4% respectively, while BSR adjusted approximately 4% after an enthusiastic session earlier in the week.

The real estate sector experienced strong divergence today. QCG led the declines with a 2,8% drop, falling below 14,000 dong. Stocks of many other developers, including Novaland, Nam Long, An Gia, and Phat Dat, also closed in negative territory. Conversely, the Vingroup group, TTC Land, and DIC Corp supported the market.

Liquidity on the ho chi minh city stock exchange today reached nearly 23,500 billion dong, an increase of one trillion dong compared to the previous session. HPG and SHB attracted significant capital, with matching order values reaching 1,760 billion dong and 1,480 billion dong respectively.

Beyond the three consecutive sessions of gains, the market also showed positive signals with the return of net buying by foreign investors. This group disbursed over 2,300 billion dong while selling approximately 2,160 billion dong. Buying activity concentrated on Hoa Phat and MBBank stocks.

Phuong Dong