While stocks had their third consecutive decline, Vinhomes’ VHM shares rose to the ceiling at the end of the session, becoming a support for the VN-Index.
Stocks opened in the red as the market continued to decline following inertia after the previous two correction sessions. At about 9:30 a.m., the VN-Index increased again above the reference but could not hold for long. After 10 a.m., the market deteriorated, pushing the index below 1,860 points.
This price range was kept until 30 minutes in the early afternoon, then the market gradually improved. From 2:00 p.m., the HoSE index regained its green color but was still not sustainable. Stocks continued to be dyed red when entering the ATC session.
VN-Index closed at nearly 1,864 points, down approximately 11 points compared to yesterday. This is the third consecutive session that this index has gone backward.
Market breadth tilted strongly to the negative side when the entire HoSE floor had 217 stocks falling, 2.4 times more than the number of stocks increasing in price. From 10:00 a.m., the seller’s dominant position was extended until the end of the session.
The most negative developments came from the technology, telecommunications, banking, retail and securities industries. The stocks with the strongest pressure are banking groups such as VCB, TCB, VPB, BID…
Meanwhile, real estate is the only industry that attracted liquidity with an increasing industry index. However, the above rebound mainly comes from the “Vin” group of stocks including VHM and VRE. VHM alone contributed up to 9 points to the VN-Index, helping this index not fall too deeply.
Vinhomes’ shares went upstream as they increased at full amplitude in the last minutes of the session, closing at 157,700 VND per unit. Liquidity reached the highest level in the market with nearly 1,366 billion VND. This code records that more than half of today’s matched orders came from active buyers.
During the down market session, liquidity on HoSE went backwards. The total transaction value reached more than 19,500 billion VND, down nearly 4,700 billion VND compared to the previous session and is the lowest level in about a month. This shows that selling pressure is easing somewhat.
Market sentiment continues to be affected as foreign investors have been net sellers for 10 consecutive sessions. Today, they net sold about 586 billion VND with quite a spread of sales, only HDB was the only code that recorded over a hundred billion VND. On the contrary, only ACB is the stock with a net purchase of more than a hundred billion by foreign investors.
Investors are watching the stock market on their phones, April 2026. Image: Quynh Tran
In the news before trading hours this morning, VPBank Securities (VPX) gave a short-term perspective that the market continues to maintain a state of fluctuation and divergence when selling pressure still appears in many industry groups, while cash flow has not formed a leading group strong enough to create consensus for a new uptrend. The main movement index is in the support zone near 1,860-1,870 points, showing that short-term demand is still present but not strong enough to create a clear breakthrough.
Regarding cash flow developments, the circulation still takes place between stock groups but is local and does not spread widely. Technically, the indicators currently show relatively neutral signals. Given the current context, VPX believes that the possibility of VN-Index continuing to accumulate in the short term is still highly appreciated.