Overview of the trading session
The trading session on April 24, 2026 closed in the red across all three exchanges, with the VNINDEX falling 0.9% to 1,853.3 points, the HNXINDEX declining 0.5% to 252.0 points, and the UPCOMINDEX decreasing 0.6% to 127.5 points. This development indicates that short-term correction pressure remains, but has not yet resulted in an overly extreme decline.
Liquidity continues to be concentrated in a few leading stocks, reflecting that money is still circulating but is more selective than widespread. On the HOSE, stocks with outstanding volume include SHB , NVL , TCB , HPG , and ACB .
Outstanding stock group
On the HOSE, notable gainers included TCB, up 2.9%; NVL, up 1.3%; and HDB , up 1.1%. Conversely, VHM fell 5.2%; MSN fell 1.3%; and VIC fell 1.1%, indicating that selling pressure remains concentrated on a few large-cap stocks.
| Share | Developments | Mass |
|---|---|---|
| SHB | -0.3% | 44.9 million |
| Raw materials | +1.3% | 33.6 million |
| TCB | +2.9% | 24.9 million |
| HPG | +0.4% | 23.4 million |
| ACB | -0.4% | 17.5 million |
Industry analysis
The banking sector continued to be a focal point for capital flows, with TCB performing well, HDB maintaining its gains, while VCB fell by 3.5%. The real estate sector showed strong divergence, with NVL rising, but VHM , VIC , and VRE facing significant selling pressure.
In other sectors, leading stocks continued to experience mixed performance. The construction materials sector saw bright spots with DPG rising 5.1% and CTR increasing 1.4%, while the chemical sector faced pressure with DCM falling 4.0% and DPM declining 2.0%.
Notable technical signals
Among the prominent technical signals, PAN achieved a composite score of 77.0, MSH 76.0, and TCO 74.1. These stocks are maintaining a more positive signal than the overall market, despite the market context still favoring differentiated trading.
| Code | Overall score | Assessment |
|---|---|---|
| PAN | 77.0 | Outstanding |
| MSH | 76.0 | Positive |
| TCO | 74.1 | Stable |
HNX and UPCOM
On the HNX, liquidity was concentrated in CEO , SHS , and PVS , while the group of gainers and losers showed strong mixed performance. On UPCOM, the price fluctuations were very high, with ATA increasing by 25.0%, ACM by 20.0%, but DDH decreasing by 39.7%.
| Floor | Index | Developments |
|---|---|---|
| HNX | 252.0 | -0.5% |
| UPCOM | 127.5 | -0.6% |
Short-term outlook
In the short term, the market's trading range is likely to continue to be skewed towards differentiation, with capital flows favoring stocks with strong fundamental signals and high liquidity. Investors need to monitor the reaction of the VNINDEX around the 1,853.3 point level and the spread of capital flows to new leading groups.
Nearby support and resistance levels will play a crucial role in determining the next phase of the market, especially if liquidity remains high but there is a lack of consensus across sectors.