Financial stocks performed well, and the VN-Index maintained a slight upward trend.

Opening the trading session on the morning of June 12th, although the VN-Index only edged up slightly and fluctuated around the reference point, the overall market still showed positive signs as green dominated the electronic board. However, the increase in most stocks was not very significant, and the price fluctuations remained narrow.

Cash flow has not improved significantly, with liquidity remaining low, indicating that investors are still cautious and not yet ready to return to the market. In the absence of sufficiently strong supporting information, this caution is considered normal.

Notably, the financial sector stocks became the focus of trading, with many stocks among the highest-volume groups in the market experiencing simultaneous price increases. Prominent representatives included TCB, MBB, VND, VPB, SSI, VIX, SHB, TPB, and ACB.

Positive sentiment spread across the banking sector with ACB (+1.51%), SHB (+0.37%), VPB (+0.58%), TPB (+2.52%), MBB (+0.81%), and BVB (+4.8%). Similarly, the financial services sector saw gains of SHS (+1.64%), VIX (+0.89%), VND (+1.74%), SSI (+0.96%), VCI (+1.5%), and HCM (+0.3%).

Meanwhile, the real estate sector saw mixed performance, with VIC (-0.05%), VPI (+0.16%), KDH (+0.21%), VHM (+0.62%), and VRE (+1.03%). Similarly, the food and beverage sector saw mixed results, with MSN (+1.41%), VNM (+0.84%), KDC (-1.98%), MCH (-0.54%), and SAB (+0.93%).

At the close of this morning's trading session, the VN-Index rose 3.47 points to 1,803.19 points (+0.25%) compared to the previous session. Similarly, the UPCo M-Index increased by 126.59 points (+0.14%), equivalent to 0.18 points, and the HNX-Index increased by 302.73 points (+0.88%), equivalent to 2.64 points.

Market liquidity reached VND 6,985.13 billion, with 292,000 shares traded. Across the sector, 139 stocks increased, 124 decreased, and 77 fell to their reference price.

According to experts at Kien Thiet Vietnam Securities Company, in yesterday's trading session, despite closing in the red, liquidity was depleted, indicating that selling pressure was not strong. The volume of matched transactions was at a record low since the beginning of 2026 and decreased sharply by more than 37% compared to the average of the past 20 sessions.

The decline, with very low liquidity and a relatively small drop, suggests that the technical rebound from the previous two sessions has not yet been neutralized. This technical rebound could still push the VN-Index up to around 1,820 points before returning to a corrective trend.

However, at the moment, investor sentiment is quite cautious and they are prioritizing a wait-and-see approach, so the VN-Index is likely to consolidate sideways for a few more sessions.

Investors remain cautious, refraining from opening new net long positions and patiently waiting for a clear improvement in market liquidity.

According to experts at Asean Securities Company, technically, the VN-Index is facing significant downward pressure as it closed below the MA10 and MA20 moving averages, along with the weakening of momentum indicators RSI and MFI. However, the appearance of a Spinning Top candlestick with a closing price higher than the average suggests that bottom-buying demand has begun to support the market.

In the base scenario, the index is likely to remain in a narrow range of 1,790 - 1,800 points before establishing a clearer trend towards the end of the session. Short-term investors should maintain a safe portfolio allocation, avoid chasing rallies, and focus on trading within the support zone of 1,790 - 1,800 points or the resistance zone of 1,810 - 1,820 points.

At the same time, prioritize stock groups with unique stories such as divestment, market upgrade, or offshore cycles.