Vietnam Insight

▶ In the trading session on Monday, the market experienced a tug-of-war in the morning session. However, the buying force showed a clear dominance in the afternoon session, focusing on selective stocks related to Banking, Brokerages, and Real estate sectors. Liquidity decreased slightly compared to previous sessions but was still at the 20-day average.

▶ At the end of the trading session, the VN-Index increased by 10.11 points (+0.76%), reaching 1,336.26 points; the HNX-Index increased by 4.04 points (+1.66%), reaching 246.77 points. Market liquidity reached VND20.7 trillion, equivalent to about 971.3 million shares traded. Foreign investors flipped to net buying of VND204.1 billion, mainly in VCB, VCI, and VHM.

▶ Technical perspective: The VN-Index resumed its uptrend, driven by renewed interest in real estate stocks. Trading remained within a typical range, with a positive candlestick formation signaling waning seller pressure and sustained buyer control. Although selling resistance was limited, buyers only modestly pushed the index upward. In general, a continued short-term uptrend remains the most probable outlook, though expect some volatility around current levels as traders accumulate positions.