VN-Index approaches 1,700 points as recovery sentiment continues to dominate the morning session of July 24
Following the sharp reversal in the previous session and positive news from the Vin group and Gelex, the outlook ahead of the July 24 session leans toward recovery, with a higher probability for leading stocks. VN-Index is approaching the psychological 1,700-point level, while cash flow tends to concentrate on stocks showing positive technical signals and high liquidity.
Notable Market Movements
Technically, the key levels to watch for individual stocks are acting as short-term resistance. GEX around the previous session's ceiling price, STB at 73.5, PGS at 55.0, and IDP at 304.7 are price points being closely monitored as the market continues to test buying power at the start of the session.
The notable sectors remain real estate, infrastructure - utilities, and banking, as MACD signals stay positive for many stocks. Conversely, some stocks that have surged sharply, such as TNI and DVP, may experience stronger volatility than the broader market due to RSI already being in overbought territory.
Key Highlights from the Previous Session
Positive Developments from Leading Stocks
The trio of GEX, EIB, and PJT all rose 7.0% in the previous session, reflecting a clear rebound in large-cap stocks and speculative cash-flow-related names. On the other side, ACC fell 7.0%, NAF fell 7.0%, and PNJ fell 6.9%, showing that divergence across sectors remains very strong.
Liquidity Concentrated in Banking and Securities
HOSE liquidity recorded SHB at 92.2 million shares, VIX at 70.7 million shares, and HPG at 37.0 million shares. This signals that cash flow continues to favor stocks with high recognition and large trading volumes, especially while the market is at an important psychological level.
Notable Technical Signals
Among the highest composite scores, IDP reached 81.6 points, BTH reached 80.0 points, and VLB reached 78.2 points. These stocks remain in the group with better technical signals than the broader market, though the outlook still requires further confirmation from liquidity and breadth.
Perspective by HNX and UPCOM Exchanges
On HNX, the strongest gainers included VSA, up 10.0%, and SEB, up 9.8%; on the downside, DDG fell 11.1% and VCM fell 10.0%. On UPCOM, KHD rose 37.5% and RAT rose 17.6%, while FTI fell 32.4% and BEL fell 15.0%.
Outlook and Risks for the Session
The most likely scenario for the morning session is that the market continues to test buying power at the volatile swings early in the session, with clearer divergence. Leading stocks will hold their momentum if liquidity is maintained, while stocks hit by bad news or that have surged sharply may fluctuate more strongly than the broader market.
DGC may face short-term psychological pressure from legal risks and a sharp year-on-year decline in its Q2-2026 business results. This is a factor to monitor further as the market prioritizes the recovery narrative and selects stocks showing better technical signals.
Reference Data Table
| Group | Code | Movement |
|---|---|---|
| HOSE Top Gainers | GEX, EIB, PJT | +7.0% |
| HOSE Top Losers | ACC, NAF, PNJ | -7.0%, -7.0%, -6.9% |
| HOSE Liquidity | SHB, VIX, HPG | 92.2M, 70.7M, 37.0M |
| Technical Score | IDP, BTH, VLB | 81.6, 80.0, 78.2 |
This data is for analytical and informational purposes only; it is not investment advice.