Overview of the trading session
Mid-session on May 6, 2026, the Vietnamese stock market continued to fluctuate. The VN-Index stood at 1,872.2 points, down slightly by 0.1%, reflecting a divergent trend but without widespread selling pressure.
Liquidity on the HOSE remained at a notable level, with capital flowing into a few stocks with large trading volumes. NVL led in volume with 58.4 million shares, followed by POW with 16.0 million and SHB with 14.8 million shares.
Outstanding stock group
On the upside, several stocks surged significantly, such as ASP ( up 6.9%), PIT (up 6.6%), and FUCVREIT (up 6.4%). This group demonstrates that speculative activity remained evident during the session.
Conversely, selling pressure was concentrated on a few highly volatile stocks such as CMV ( down 6.9%), STG (down 6.9%), and HRC ( down 6.6%). The large price swings indicate that the market is still rapidly selecting between individual stories.
| Code | Fluctuations | Mass |
|---|---|---|
| ASP | +6.9% | But |
| PIT | +6.6% | But |
| FUCVREIT | +6.4% | But |
| CMV | -6.9% | But |
| STG | -6.9% | But |
| HRC | -6.6% | But |
Industry analysis
Sector performance continues to show clear divergence. Real estate stocks saw a 3.4% correction, while some stocks in the same group remained in positive territory, such as KBC ( up 0.7%) and DIG ( up 3.1%).
The banking sector continued to provide support for several stocks, with STB rising 3.3%, SHB 0.4%, ACB 0.9%, and HDB 0.8%. Meanwhile, the financial services sector also attracted capital flows, with HCM rising 3.8%, SSI 2.4%, VIX 2.7%, VCI 1.6%, and VND 2.2%.
In other sectors, the electricity group stood out with POW rising 2.2%, while the chemical group saw DGC increase 3.8% and GVR increase 1.3%. The retail sector recorded MWG's 0.6% increase, while technology faced pressure with FPT falling 1.5% and ELC declining 2.3%.
HNX and UPCOM
On the HNX, the HNXINDEX rose 0.2% to 248.0 points, with notable trading volume in SHS (4.9 million shares), PVS (2.6 million), and CEO (2.5 million). Several other stocks also performed well, including CLM ( up 10.0%), PJC (up 9.6%), and CMC (up 9.0%).
The UPCOMINDEX rose 0.2% to 127.5 points, but divergence remained high. Strong gainers included GND ( up 15.0%), SEA ( up 14.9%), and VXT (up 14.7%), while significant decliners such as UPC ( down 15.0%) and TTD (down 14.8%) indicated continued risk of short-term volatility.
Prospects and risks
Technically, some positive signals are still appearing in MWG , VHC , SAB , OPC , and GVR as both MACD and EMA are trending upwards, although RSI remains in the neutral zone. This suggests that the uptrend has not yet been fully confirmed.
In the short term, the 1,870 point level of the VN-Index remains a key area to watch closely, while the nearest resistance zone is identified around 1,875–1,880 points. If liquidity continues to be maintained and market breadth improves, the market may extend its recovery; conversely, the sideways trading and divergence are likely to continue for a few more sessions.