Market before the 28/08 session: VN-Index maintains its upward momentum, with stocks tied to the FTSE Vietnam 30 story drawing attention
The market opened the morning of 28/08 on a positive note as VN-Index continued to move above the 1,830-point zone, while overnight news about the possible addition of stocks to the FTSE Vietnam 30 Index could create short-term capital flow effects in some large-cap names. Conversely, stocks expected to be removed may face selling pressure.
At the time of the data update, VNINDEX stood at 1,831.6 points, up 10.2 points, or 0.6%. HNXINDEX reached 282.6 points, up 0.2%, while UPCOMINDEX was at 127.2 points, up 0.2%. This development suggests market sentiment still leans positive, even though the index is approaching a short-term resistance zone.
Notable stocks on HOSE
On the gainers' side, GTA led with a 7.0% increase, followed by VSI up 6.5% and TPC up 6.0%. These stocks showed fairly strong momentum in the previous session.
On the decliners' side, FUEKIVFS fell 6.8%, SMA dropped 6.7%, and FDC decreased 6.3%. The correction in this group suggests that capital flow is becoming quite selective.
| Ticker | Change | Status |
|---|---|---|
| GTA | +7.0% | Strong gain |
| VSI | +6.5% | Strong gain |
| TPC | +6.0% | Strong gain |
| FUEKIVFS | -6.8% | Sharp decline |
| SMA | -6.7% | Sharp decline |
| FDC | -6.3% | Sharp decline |
Liquidity and technical signals
In terms of liquidity, VIX recorded 36.7 million units, TCB reached 32.6 million units, and VPB reached 30.0 million units. These are notable names in terms of trading volume on HOSE in the most recent session.
On the technical side, IDP has a composite score of 81.6, MZG scored 80.4, and TVN also scored 80.4. This group is positioned in a score range that stands out from the broader market, reflecting a relatively positive technical trend.
HNX and UPCOM: mixed performance, yet momentum holds
On HNX, PGS rose 10.0% and DNP gained 9.8% among the strong gainers, while LDP fell 9.0% and RCL dropped 8.5% on the other side. On UPCOM, BSP rose 14.9% and PIS gained 14.7%, while FTI fell 32.4% and TMG declined 14.9%.
This development suggests capital continues to favor stocks with their own stories or aligned technical signals, rather than spreading broadly across the market.
Morning session outlook
Technically, the 1,830–1,835 point zone remains the near-term resistance for VNINDEX, while 1,820 points is a support level to watch. For VN30, the 1,980-point mark is noteworthy, while 1,970 points serves as nearby support.
The most likely scenario is that the market continues to diverge, with capital favoring stocks backed by supportive news and aligned technical signals. Meanwhile, the FTSE Vietnam 30 story may keep providing short-term highlights for VPB, ACB, and FPT, while KDH, VCI, VND, and KBC have a higher likelihood of facing selling pressure. Separately, HBS is showing clearly negative signals following the trading suspension announced from 03/09.
This data is for analytical and informational purposes only; it is not investment advice.