Overview of the trading session
As of mid-session on April 14, 2026, the Vietnamese stock market continued its recovery trend, with the VNINDEX rising to 1,769.65 points, up 0.6%. The HNXINDEX reached 252.43 points, up 0.3%, while the UPCOMINDEX rose to 127.83 points, up 0.1%. Market breadth generally remained mixed, indicating that capital flows were not evenly distributed but rather selectively concentrated in leading stock groups.
Market liquidity remained at a noteworthy level. Specifically, HOSE recorded a trading volume of 382,224,330 shares; HNX reached 35,446,284 shares; and UPCOM reached 19,927,220 shares. This reflects the continued presence of significant capital flows, but with a tendency towards rotational trading in stocks with unique stories or more positive technical signals than the overall market.
| Floor | Index | Score | Fluctuations | Mass |
|---|---|---|---|---|
| HOSE | VNINDEX | 1,769.65 | +0.6% | 382,224,330 |
| HNX | HNXINDEX | 252.43 | +0.3% | 35,446,284 |
| UPCOM | UPCOMINDEX | 127.83 | +0.1% | 19,927,220 |
From a technical perspective, the indices maintain a short-term recovery trend, but the increase is not very strong. This implies that the market is entering a phase requiring further testing at nearby resistance levels, while intraday fluctuations may still occur as money shifts between sectors.
Outstanding stock group
On the HOSE, the leading gainers included FDC (+6.6%), BMP (+6.4%), and DAT (+5.8%). Conversely, the biggest losers were MDG (-6.9%), STG (-6.5%), and DCL (-4.6%). Additionally, NAV increased (+5.6%) and SBV increased (+5.3%), indicating that the divergence between individual stocks remains significant.
Stocks with outstanding liquidity continued to lead trading sentiment. SHB led the entire exchange with 42.56 million shares, followed by HPG with 22.56 million, CII with 17.40 million, VIX with 15.99 million, and NVL with 15.10 million. The concentration of liquidity in these stocks indicates that capital is prioritizing stocks with high recognition and a clearer potential for short-term price movements.
| Group | Ticket | Fluctuations | Note |
|---|---|---|---|
| A sharp increase | FDC | +6.6% | Leading the gains on HOSE |
| A sharp increase | BMP | +6.4% | Cash flow into the chemicals/materials group. |
| A sharp increase | DAT | +5.8% | Notable fluctuations during the session. |
| Sharp decline | MDG | -6.9% | Selling pressure prevailed. |
| Sharp decline | STG | -6.5% | Strong vibrations, high risk. |
| Sharp decline | DCL | -4.6% | Further adjustments to the overall market level. |
In terms of technical signals, several prominent stocks showed noteworthy scores, including DSE at 80.4; SJD at 74.0; VIX at 73.4; VHC at 71.8; and PGV at 71.0. On the HNX, high signals were observed in PSI at 74.4; CCR at 74.1; TPP at 72.8; PMP at 72.1; and MCF at 70.8. On the UPCOM exchange, IST at 76; BTU at 76; USD at 74; BTH at 74; and MQN at 73 continued to be in the relatively positive signal group.
Industry analysis
Looking at the sector structure on the HOSE, the Banking group continues to play a fundamental role, with many large-cap stocks maintaining positive gains, although SHB experienced a slight correction despite its very high liquidity. Industrial metals and construction materials also attracted significant capital inflows, with HPG and CII contributing significantly to market liquidity. On the positive side, chemicals and some stocks belonging to the real estate fund group also showed notable gains.
Conversely, profit-taking pressure was more concentrated in some pharmaceutical and oil and gas stocks, where stocks like DCL and BSR performed less positively. On the HNX, the financial services and construction materials sectors played a leading role, while some pharmaceutical and food stocks fluctuated strongly in both directions. On UPCOM, capital flows continued to selectively favor large-cap stocks such as OIL , VGI, and HNM , but the high degree of divergence meant that individual stocks continued to experience larger-than-average price movements.
| Floor | Featured industry group | Cash flow characteristics | The group needs to take note. |
|---|---|---|---|
| HOSE | Banking, Industrial metals, Building materials | Liquidity is concentrated in leading stocks. | Pharmaceuticals, Oil and Gas |
| HNX | Financial services, Building materials | A clear trend of selection by code. | Pharmaceuticals and food prices are experiencing significant fluctuations. |
| UPCOM | High-liquidity stocks, wide group differentiation. | Exploratory cash flow, high deviation. | The codes offer deep discounts with large margins. |
Prospects
For the remainder of the session, the market is likely to continue testing the sustainability of the recovery around short-term resistance levels. For the VNINDEX , the 1,770 point level is acting as a crucial psychological benchmark, while pauses may occur if demand is not strong enough to extend the upward trend. On the downside, the nearest support area will be a key point to observe in order to assess the strength of the current recovery trend.
The next development will likely depend on the level of consensus among leading sectors, particularly banking, steel, construction materials, and some stocks with high composite scores. If capital continues to concentrate in highly liquid stocks, the market may maintain a positive trading pattern; conversely, if breadth narrows and profit-taking pressure spreads, short-term volatility will increase. Several factors to watch include the index's reaction at nearby resistance levels, the rotation between sectors, and liquidity levels at the end of the trading session.