Market preview (April 24th): VN-Index holds above 1,870 points, capital flows remain selective.

The April 24th trading session is likely to start in a mixed state, with the real estate sector continuing to be the focus, driven by overnight signals from VIC and NVL . Meanwhile, PC1 's performance suggests that the risk of individual price fluctuations remains, potentially creating psychological disruption among stocks in the same group. The VNINDEX is holding above 1,870 points, a near-term support level to watch, while the 1,880–1,890 point range will be the short-term resistance that will determine the potential for an extended rebound.

Overview of the trading session

According to data recorded up to April 24th, the VNINDEX reached 1,870.4 points, up 0.7%, indicating that the price base is being held up quite well after the previous movement. Meanwhile, the HNXINDEX retreated to 253.2 points (-0.8%) and the UPCOMINDEX was at 128.3 points (-0.4%), reflecting that market breadth remains selective rather than broad.

In terms of context, the morning session may retest the equilibrium zone around the reference point, after which capital flows will prioritize stocks with consistent technical signals and unique stories. The spread is not yet truly uniform, so upward movements still need to be confirmed by liquidity and consensus among leading stocks.

Index Value Fluctuation VNINDEX 1,870.4 +0.7% HNXINDEX 253.2 -0.8% UPCOMINDEX 128.3 -0.4%

Outstanding stock group

HOSE: Green concentrated in a few leading stocks.

In the group of strong gainers, SAB , VDP , and PVT all increased by 7.0%, showing that demand still exists for stocks with unique stories. Conversely, NNC and MDG both decreased by 6.9%, while TDW fell by 6.7%, reflecting a very clear divergence within each industry group.

Stock Code | Price Change | Notes SAB +7.0% Top gainer HOSE VDP +7.0% Top gainer HOSE PVT +7.0% Top gainer HOSE NNC -6.9% Top loser HOSE MDG -6.9% Top loser HOSE TDW -6.7% Top loser HOSE

Liquidity: cash flow is concentrated in a few large-cap stocks.

In terms of liquidity, the top three stocks on HOSE were SHB with 97.1M, VIX with 53.3M, and NVL with 41.7M. This development shows that capital flows are still prioritizing stocks with high levels of interest, with NVL continuing to be a notable bright spot in the real estate sector.

Stock Code | Volume | Group | SHB | 97.1M | Liquidity HOSE | VIX | 53.3M | Liquidity HOSE | NVL | 41.7M | Liquidity HOSE

Technical signal analysis

The group of stocks with the highest composite scores currently includes HAG and PAN , both reaching 76.9, followed by MSH with 75.9. All three are maintaining a positive technical state, with the EMA and MACD trending upwards, thus reinforcing their ability to maintain a better-than-average momentum.

Code | Composite Score | Notes HAG 76.9 | Positive Signal PAN 76.9 | Positive Signal MSH 75.9 | Positive Signal

At specific technical levels, HAG is trading around VND 16,350 with resistance at VND 16,500 and support at VND 16,350. PAN is at VND 31,850, with resistance at VND 32,750 and support at VND 31,750; MSH is at VND 37,900, with resistance at VND 38,000 and support at VND 36,500. Additionally, TIX and PVT are also noteworthy as they maintain price levels close to their nearest resistance zones.

HNX and UPCOM: mixed movements, selective trading remains the dominant strategy.

On the smaller market, the HNXINDEX retreated 0.8% to 253.2 points while the UPCOMINDEX fell 0.4% to 128.3 points. On the HNX , notable downside was the decline in SMT ( down 9.8%) and AAV (down 9.1%); on the UPCOM , MND (up 15.8%) and BHI (up 15.0%) were prominent gainers.

Exchange Index Movement HNX HNXINDEX 253.2 -0.8% UPCOM UPCOMINDEX 128.3 -0.4% Exchange Code Change HNX SMT -9.8% HNX AAV -9.1% UPCOM MND +15.8% UPCOM BHI +15.0%

Outlook and risks at the start of the session

The most likely scenario for the morning session is that the market will retest the equilibrium zone around the reference point, after which capital flows will prioritize stocks with consistent technical signals and unique stories. With breadth still leaning towards selective trading, the real estate sector remains the focus, but the rapid increases in some stocks also need closer observation to limit the risk of volatility.

The nearest support level for VNINDEX is around 1,870 points.

Short-term resistance: the 1,880–1,890 point range.

Risks to watch: individual volatility in strongly rising stocks and divergence across exchanges.

This data is for analytical and informational purposes only; it is not investment advice.