Market close on 01/06: VN-Index down 1.0%, HNX up sharply by 3.5%

Trading Session Overview

The Vietnamese stock market closed the June 1, 2026 session with clearly divergent performance across exchanges. On HOSE, VNINDEX closed at 1,844.5 points, down 1.0%, while total trading volume across the exchange remained high at 507.0 million shares. In contrast to the corrective move in large-cap stocks on HOSE, HNXINDEX rose 3.5% to 305.2 points and UPCOMINDEX edged up 0.4% to 125.8 points, indicating that money flow continued to rotate into more volatile stocks.

Intraday action clearly reflected the tug-of-war in the market: profit-taking pressure emerged in many leading stocks on HOSE, while there were also notable breakouts in some sectors. This strong divergence made the closing picture lean toward a technical correction rather than a broad-based weakening trend.

Notable Stocks

On the upside on HOSE, the top gainers included VCF (+6.9%), BKG (+6.9%) and BFC (+6.9%). This group showed considerable resilience against an overall unfavorable backdrop. Conversely, selling pressure concentrated in SMA (-7.0%), MSB (-6.9%) and TCO (-6.7%), reflecting the cautious sentiment still hanging over some stocks that had previously surged sharply.

HOSE liquidity continued to center on the most actively traded stocks, including SHB with 43.7 million shares, VIX with 36.6 million shares and MSB with 26.5 million shares. These stocks had a significant influence on overall trading activity, suggesting that money has not exited the market but is shifting between short-term opportunities.

Sector Analysis

The banking sector on HOSE generally faced corrective pressure, with MSB down 6.9% and STB losing 1.5%, while SHB fell only 0.4%. Conversely, the financial services group traded more positively, with VND up 4.2% and VIX up 1.1%, showing that money flow still favored securities stocks amid the current divergence.

In real estate, VHM dropped 2.6% and VIC lost 3.0%, while NVL, PDR and DIG all remained in positive territory. This suggests that price trends within the real estate sector have not yet aligned, though there remains clear selectivity among mid- and small-cap stocks.

Several other sectors also recorded their own bright spots. The chemicals group stood out with BFC up 6.9% and TSC up 6.8%, while the retail group was supported by MWG, which rose 3.7%. On the other side, the oil and gas group came under pressure as BSR fell 3.9% and PLX lost 3.0%, while in the gas and water group, GAS declined 3.7% and REE dropped 2.8%.

Technical Signals and Outlook

From a technical standpoint, several stocks continue to show noteworthy positive signals. Among the standout signals, VND has a composite score of 75.7, with RSI at 54, a rising MACD, and a neutral EMA; MIG reached 74.0 points with RSI at 70, a rising MACD, and a rising EMA; and TVT recorded a composite score of 71.0 with a relatively positive technical structure. This suggests that even as the broader market corrects, there are still stocks with solid short-term fundamentals worth monitoring.

The short-term outlook for the market is likely to continue leaning toward a divergent state. With VNINDEX pulling back toward the 1,844.5-point zone, the 1,830–1,840 range may act as near-term support, while the 1,860-point level and above is a threshold that needs to be conquered to bolster sentiment. If liquidity remains stable in leading groups such as securities, chemicals, and retail, a technical rebound may emerge in some stocks that have corrected sharply.

The data is analytical and informational in nature; it is not investment advice.