Overview of the trading session

The morning session of April 3, 2026, witnessed strong market divergence, with liquidity concentrated in a few large-cap stocks. The attached VN-Index chart below illustrates the index's performance during the morning session; investors should monitor the spread of liquidity to assess future opportunities.

Outstanding stock group

Top 3 stocks with the strongest gains on HOSE:

TNI — Price: 4,940 VND — Change: +6.9% — Volume: 2,390

COM — Price: 33,250 VND — Change: +6.9% — Quantity: 10

FUEABVND — Price: 11,200 VND — Change: +6.7% — Volume: 10

Top 3 stocks with the biggest declines on HOSE:

HID — Price: 4,700 VND — Change: -6.9% — Volume: 83,860

SVD — Price: 3,080 VND — Change: -6.7% — Volume: 40

NVT — Price: 7,260 VND — Change: -5.7% — Volume: 10

Liquidity & Cash Flow

Top 3 stocks by trading volume on HOSE:

SHB — Volume: 1,831,910 — Price: 14,650 VND

Raw materials — Quantity: 1,170,350 — Price: 14,450 VND

HCM — Quantity: 1,033,110 — Price: 24,500 VND

Liquidity is concentrated in a few banking and real estate stocks, indicating a flow of money between major players as well as a selection of highly liquid stocks.

Industry analysis

Sectors showing positive momentum in the morning session included Real Estate , Banking , and Chemicals . Several small-cap sectors experienced downward pressure, contributing to the overall market divergence.

Key technical signals

SIP — Composite Score: 72.0 — RSI 59 — MACD rising, EMA rising

REE — Composite Score: 71.6 — RSI 56 — MACD rising, EMA rising

PAN — Composite score: 70.6 — RSI 47 — MACD rising, EMA rising

HNX & UPCOM Market Developments

On the HNX, some stocks experienced significant gains/losses, including SPC which rose +10.0% (Price: 11,000 VND) and BXH which increased +9.8% (Price: 12,300 VND); while KSQ and QTC both fell -10.0% (Prices: 1,800 VND and 29,700 VND). The stock with the highest trading volume on the HNX was CEO with 533,030 shares.

On UPCOM, there were significant fluctuations with ONW +38.9% (5,000 VND), DCH +25.0% (10,000 VND) and PJS down -39.9% (18,500 VND). The stock with the highest liquidity was ACM with a trading volume of 149,200.

Prospects & Risks

The market is currently in a phase of divergence; it's necessary to monitor whether capital flows will spread to mid-cap stocks.

Short-term support depends on the level of price stability of leading stocks and market liquidity.

Risks are higher in highly volatile stocks on UPCOM and some small-cap stocks.

Monitor business performance news and macroeconomic factors that may impact overall market demand.