Overview of the trading session
Mid-session trading on April 24th saw a slight correction as the VN-Index retreated to 1,862.4 points, down 0.4%, with total trading volume reaching 252.2 million shares. This indicates that profit-taking pressure remains, but capital has not yet left the market, instead continuing to concentrate on several large-cap stocks with high liquidity.
In the leading trading group, SHB saw 15.6 million shares traded, TCB reached 13.3 million shares, and NVL recorded 11.5 million shares. This reflects a clear divergence: the index weakened slightly, but money continued to flow strongly between individual stocks.
Furthermore, market breadth continued to be volatile, with many stocks experiencing mixed gains and losses. Notable gainers, nearing their upper limits, included CRV (+7.0%), ADG (+6.9%), and SBG (+6.8%), while significant decliners were seen in MDG (-7.0%), VDP (-6.5%), and HRC (-6.2%).
Liquidity and noteworthy signals
Looking at liquidity, the most actively traded stocks remain those with speculative characteristics or linked to specific expectations. The presence of many highly liquid stocks but with contrasting price movements suggests that the market trend has not yet formed a clear consensus.
| Code | Price | Fluctuations | Mass |
|---|---|---|---|
| SHB | 14,650 | -1.0% | 15.6 million |
| TCB | 34,150 | +2.6% | 13.3 million |
| Raw materials | 18,750 | -2.3% | 11.5 million |
| HPG | 27,550 | -0.9% | 10.7 million |
| VCG | 22,850 | +0.7% | 7.4 million |
Outstanding stock group
On the upside, the most prominent stocks in the session were those with strong gains, reflecting the continued short-term momentum in certain sectors and individual stocks. CRV and ADG led the gainers, followed by SBG , TDH , and DQC .
Conversely, the sharp declines indicate that profit-taking pressure has spread to many highly volatile stocks. Stocks such as MDG , VDP , HRC , HAP , and MHC all recorded significant drops, reflecting the continued risk of volatility.
| Group of gainers | Fluctuations | Reduction group | Fluctuations |
|---|---|---|---|
| CRV | +7.0% | MDG | -7.0% |
| ADG | +6.9% | VDP | -6.5% |
| SBG | +6.8% | HRC | -6.2% |
| TDH | +6.8% | HAP | -6.1% |
| DQC | +6.8% | MHC | -5.7% |
Industry analysis
The banking sector continued to show strong divergence. TCB rose 2.6% and played a supporting role in the index, while VCB fell 1.9% and SHB declined 1.0%, indicating that capital flows were not evenly distributed within the same sector.
In the real estate sector, the performance was mixed, with VIC rising 0.8% but VHM falling 3.4% and NVL declining 2.3%. Real estate funds performed slightly better, with VRE increasing 1.0%, while VPI remained almost unchanged.
The oil and gas sector was a relatively bright spot, with PLX rising 2.4%, BSR up 0.2%, and GAS up 1.4% among related groups. Conversely, the chemical and fertilizer sector faced downward pressure, with DCM down 3.0% and DPM down 2.0%, indicating that demand remains cautious.
Technology, building materials, financial services, and retail sectors generally saw narrower fluctuations, but red dominated many mid- and small-cap stocks. This is consistent with the context of a mild market correction, prioritizing selective stock trading rather than sector-wide gains.
| Branch | Key developments |
|---|---|
| Bank | TCB +2.6%, VCB -1.9%, SHB -1.0% |
| Real estate | VIC +0.8%, VHM -3.4%, NVL -2.3% |
| Oil and gas | PLX +2.4%, BSR +0.2%, GAS +1.4% |
| Chemicals | DCM -3.0%, DPM -2.0% |
| Technology | FPT -0.9% |
Notably, positive technical signals remain in several stocks with high composite scores such as MSH 75.9, PAN 74.9, TNI 74.0, TCO 72.0, and DPR 71.7. This group needs further monitoring in the context of a market lacking a unified upward momentum.
Prospects
In its current state, the VN-Index is fluctuating around a short-term equilibrium zone and is heavily influenced by the volatility of large-cap stocks. If liquidity remains high but market breadth does not improve, the market is likely to experience further fluctuations in the coming sessions.
The 1,860-point level is a significant psychological threshold for the VN-Index during the midday trading session. If the index holds this level and capital flows back more strongly into leading sectors, the market could stabilize; conversely, profit-taking pressure on speculative stocks could lead to further volatility.