Overview of the trading session
The trading session on May 5, 2026 closed with a dominant green trend on the HOSE, while the HNX and UPCOM showed more mixed performance. The VN-Index increased by 20.8 points, equivalent to 1.1%, to 1,874.9 points; liquidity and market breadth indicated that capital flows remained positive in many leading stocks.
Conversely, the HNX-Index fell 2.6 points, or 1.0%, to 247.4 points, while the UPCOM-Index declined 0.4 points, or 0.4%, to 127.3 points. The overall picture shows that the market's upward trend is still being maintained, but there are signs of more selective capital flows across sectors and individual stocks.
| Index | Score | Fluctuations |
|---|---|---|
| VN-Index | 1,874.9 | +20.8 (+1.1%) |
| HNX-Index | 247.4 | -2.6 (-1.0%) |
| UPCOM-Index | 127.3 | -0.4 (-0.4%) |
Outstanding stock group
Large-cap stocks continued to play a supporting role for the market. Among the stocks that recorded gains, VHM rose 6.5% to VND 151,200, PVT increased 6.7% to VND 23,750, and GMD gained 3.3% to VND 77,600. These were all stocks that showed positive price momentum and strong buying interest during the session.
Conversely, HDB fell 0.4% to 26,400 VND, PSI decreased 1.2% to 8,300 VND, BCF dropped 0.9% to 42,500 VND, and VIW declined 5.6% to 35,200 VND. This divergence indicates that the market is not yet fully unified, prioritizing stocks with stronger trend signals.
| Code | Price | Fluctuations | Floor |
|---|---|---|---|
| VHM | 151,200 | +6.5% | HOSE |
| PVT | 23,750 | +6.7% | HOSE |
| GMD | 77,600 | +3.3% | HOSE |
| HDB | 26,400 | -0.4% | HOSE |
| PSI | 8,300 | -1.2% | HNX |
| BCF | 42,500 | -0.9% | HNX |
| VIW | 35,200 | -5.6% | UPCOM |
Industry analysis
The real estate, port, and transportation sectors continued to attract attention, with stocks like VHM , GMD , and PVT all recording significant gains. This reflects the expectation of capital inflows into businesses with unique stories and clearly improving price status.
Conversely, stocks like HDB , PSI , and VIW show that caution is still present in some sectors. When the market is rising but breadth is not truly uniform, stocks with strong accumulation bases are usually the first to attract buying pressure.
- Leading group: VHM , PVT , GMD
- Groups to watch: HDB , PSI , VIW
- More balanced group: BCF , IDV , PHP
Prospects
In the short term, the VN-Index is maintaining a positive trend and has the opportunity to test nearby resistance levels if liquidity continues to hold firm. A key support level to watch is around the psychological 1,870 point mark, while nearby resistance levels will be important indicators to confirm the strength of the current upward movement.
Given the continued divergence in the market landscape, investors should continue to observe stocks with high composite scores and outstanding price movements, rather than expanding too quickly into stocks without confirmed trends. In the coming sessions, the sustainability of capital flows and reactions around resistance levels will determine the market's ability to sustain its upward momentum.
This data is for analytical and informational purposes only; it is not investment advice.