PNJ shares recover after a series of sharp declines.
PNJ shares rebounded after a series of declines following the smuggling of 28,000 diamonds.
After a series of sharp declines, PNJ shares of Phu Nhuan Jewelry Joint Stock Company unexpectedly surged in the morning trading session on July 27th, rising 5.04% to 32,300 VND per share. This marks the first recovery session after a week of significant downward pressure.
Green dominated the banking sector with LPB (+4.77%), TCB (+0.52%), MBB (+0.68%), ACB (+0.22%), CTG (+0.52%), and STB (+0.54%).
The food and beverage sector showed divergence, with MSN (+1.1%), VNM (-0.17%), MCH (+0.81%), SAB (+0.48%), and NAF (+0.88%). Similarly, the real estate sector also saw divergence, with VIC (-0.75%), VHM (-0.68%), NVL (+0.77%), DXG (+0.5%), and VRE (-0.46%).
At the close of this morning's trading session, the VN-Index fell 3.58 points to 1,682.53 points (-0.21%) compared to the previous session. Meanwhile, the HNX-Index rose 275.8 points (+1.03%), equivalent to 2.81 points, and the UPCo M-Index increased 126.27 points (+0.3%), equivalent to 0.38 points.
Market liquidity reached VND 5,228.58 billion, with 223,000 shares traded. Across the sector, 96 stocks increased, 199 decreased, and 64 fell to their reference price.
According to experts at Kirin Securities Joint Stock Company, looking at the weekly chart, the VN-Index experienced its fourth consecutive week of decline. Both the trading volume and the magnitude of the decline were at their highest levels, indicating that bearish signals remain dominant.
The index broke through the psychological 1,700-point mark this week, and there are few signs that the downtrend has ended. It is highly likely that the VN-Index will continue its correction next week, with expectations of heading towards the support level around 1,630 points.
It cannot be ruled out that the VN-Index will rebound to 1,720 points this week before resuming its decline towards the support level of 1,630 points.
Prioritize a cautious approach, refraining from opening new buy positions after the previous exploratory buy position failed to yield profits. Simultaneously, manage risk with discipline, considering selling off a portion of your holdings if the VN-Index rebounds to the 1,720 point resistance level next week.
According to experts at AIS Securities Company, the VN-Index experienced a sharp decline this week (-101.34 points, equivalent to -5.67%), breaking through the 50-week and 200-day moving average support levels. This was also the week with the biggest "loss" since the first week of March 2026.
The downward trend on the weekly timeframe indicates that the bearish momentum remains dominant. However, selling pressure has shown signs of easing on the daily timeframe. Additionally, the RSI indicator has shown signs of improvement after falling into oversold territory.
The market may experience some rebounds and technical recovery next week, with the strongest resistance around the 1,775 point level (200-day moving average).
The strongest support for this decline is the 1,600-point level (the lows from November 2025 and March 2026).
Investors should still take advantage of the recovery to restructure their portfolios, prioritizing risk management rather than trying to buy at the bottom too early.
