Overview of the trading session
The trading session on April 20, 2026, witnessed a clear divergence across the market. The VNINDEX rose 1.1% to 1,837.1 points, indicating that the short-term trend remains somewhat positive. Conversely, the HNXINDEX fell 1.0% to 257.3 points, while the UPCOMINDEX increased 0.9% to 129.5 points.

Market breadth is skewed towards leading stocks as capital continues to flow into highly liquid stocks with positive technical signals. This development indicates that the uptrend is still present, but the level of stock selectivity is becoming increasingly evident.
Outstanding stock group
In the leading group on HOSE, VHM increased by 6.9% , while GEE and PGD both rose close to their upper limits, by 7.0% and 7.0% respectively. These were the most notable highlights of the session, attracting strong interest from investors.
| Code | Price | Fluctuations | Liquidity |
|---|---|---|---|
| VHM | 145,100 | +6.9% | 6.8 million |
| GEE | 192,000 | +7.0% | 1.5 million |
| PGD | 25,250 | +7.0% | 12,000 |
Active trading volume continued to be recorded in stocks such as SHB with 47.4 million shares, VIX with 42.4 million shares, and HPG with 26.4 million shares. This group most clearly demonstrated the rotation of capital during the session.
Industry analysis

The real estate sector was the focus of attention, with VHM surging 6.9% , VIC rising 1.7% , and DXG gaining 0.7% . In banking , HDB increased 2.7% , TCB gained 1.1% , while SHB remained unchanged but with high liquidity.
The financial services sector also maintained active trading with HCM rising 3.5% and SSI increasing 1.4% . Meanwhile, some sectors such as oil and gas faced downward pressure, with BSR falling 2.1% and PLX declining 1.3% .
Technical bandwidth and signal
| Index | Score | Fluctuations | Assessment |
|---|---|---|---|
| VNINDEX | 1,837.1 | +19.9 points | Selective engagement |
| HNXINDEX | 257.3 | -2.7 points | Short-term adjustment |
| UPCOMINDEX | 129.5 | +1.1 points | Strong differentiation |
Among the notable stocks, DSE achieved a composite score of 80.4 , followed by PNJ with 77.2 and SJD with 76.6 . These stocks are maintaining a more positive technical outlook than the overall market.
Short-term outlook
Considering the current context, the market maintains an upward trend, but divergence is increasing, especially as the HNX is under pressure for correction. The nearest support zone for the VNINDEX needs to be monitored around the area recently formed during the recent rally, while the next resistance level will be where the strength of capital flow in the large-cap group is tested.
In the upcoming sessions, the performance of leading sectors such as real estate, banking, and finance will be decisive in determining the ability of the overall index to maintain its upward momentum. All data in this article is for informational and analytical purposes only.
This data is for analytical and informational purposes only; it is not investment advice.
