Market Session Overview
The market at the close of 25/05/2026 remained mixed but leaned positive, with VNINDEX rising 0.5% to 1,886.0 points. Overall liquidity on the HOSE remained high, reflecting that capital flows have not left the leading groups, even though market breadth has yet to truly break out.
The session's upward momentum came from the banking and real estate groups, while some oil and gas and technology stocks faced correction pressure. On the HNX, HNXINDEX gained 1.6% to 271.8 points; by contrast, UPCOMINDEX was nearly flat at 126.1 points.
| Index | Value | Change |
|---|---|---|
| VNINDEX | 1,886.0 | +0.5% |
| HNXINDEX | 271.8 | +1.6% |
| UPCOMINDEX | 126.1 | -0.0% |
Notable Stock Groups
Stocks with high liquidity remained concentrated in large-cap names. On the upside, notable gainers included ACB, up 3.1% to 23,550 VND per share, VHM, up 3.2% to 158,700 VND per share, and KDH, up 3.2% to 22,900 VND per share.
On the downside, correction pressure was more pronounced in oil and gas and related infrastructure names, including BSR, down 5.1% to 28,200 VND per share, PLX, down 5.4% to 39,700 VND per share, and FPT, down 2.1% to 73,500 VND per share.
| Ticker | Price | Change |
|---|---|---|
| ACB | 23,550 | +3.1% |
| VHM | 158,700 | +3.2% |
| KDH | 22,900 | +3.2% |
| BSR | 28,200 | -5.1% |
| PLX | 39,700 | -5.4% |
| FPT | 73,500 | -2.1% |
Sector Analysis
The banking sector continued to provide support for the market, with ACB, SHB, and HDB maintaining good liquidity. In real estate, VHM, VIC, and KDH all rose together, suggesting capital continues to favor large-cap stocks with index influence.
Conversely, the oil and gas sector faced clearer pressure as BSR and PLX both fell sharply. In technology, FPT edged lower, while some materials and financial services stocks retained a positive divergence trend.
- Banking: green across the board, driving the index higher.
- Real estate: benefiting from buying demand in large-cap names.
- Oil and gas: negative volatility, with demand to be monitored further.
- Technology: correction following the previous rally.
Outlook
In the short term, the 1,880-point zone for VNINDEX remains a notable level for the current trend. If buying demand in banking and real estate stays steady, the index could move toward higher levels; conversely, profit-taking pressure in leading groups would make the upward momentum more cautious.
Investors should keep watching liquidity developments and the extent to which capital flows spread in the coming sessions. Fluctuations around nearby resistance zones will be an important signal for assessing the sustainability of the trend.