Small and medium-sized real estate stocks are experiencing a surge in activity.

The market on the morning of March 27th saw the VN-Index fluctuate slightly around the reference point and show signs of positive recovery after about an hour of trading, with investors' attention focused on real estate stocks.

Strong capital inflows into small and medium-sized real estate stocks have helped many stocks surge. For example, DXS had buy orders at the ceiling price with nearly 4.4 million units remaining, while DXG rose by approximately 4% with exceptional trading volume, reaching 19.4 million units.

At the end of the morning session, the VN-Index saw an increase of 8.26 points, reaching 1,652.89 points (+0.05%) compared to the previous session. Similarly, the HNX-Index also rose 249.08 points (+0.35%), equivalent to 0.87 points, and the UPCo M-Index increased 124.37 points (+0.63%), equivalent to 0.78 points.

The focus was on the real estate sector with gains of PDR (+2.61%), DXG (+3.61%), VIC (+1.54%), VHM (+2.27%), TCH (+3.14%), CEO (+1.85%), and DIG (+2.95%).

In the chemical group, several indicators also recorded recovery, with DCM (+3.09%), DPM (+1.29%), GVR (+4%), DDV (+2.9%), and DPR (+0.76%). Similarly, in the oil and gas group, BSR (+0.18%), PVS (+0.24%), PVD (+1.73%), PLX (+0.38%), and PVC (+1.6%) also recovered.

The banking group included CTG (+0.59%), HDB (+0.61%), MBB (+0.19%), BID (+0.39%), while SHB (-0.33%), STB (-1.16%), VPB and ACB fell back to their reference prices.

In the financial services group, SSI (+0.57%), VIX (+0.94%), SHS (+0.63%), HCM (+0.46%) and MBS (+1.3%).

According to statistics, within the VN30 group, 5 stocks declined: DGC (-1.15%), FPT (-0.13%), SHB (-0.33%), STB (-1.16%), and VRE (-0.39%), while 22 stocks increased and 3 stocks fell back to their reference prices. Market liquidity in the morning trading session reached 8,070.31 billion VND with over 314,000 shares traded by investors.

From a technical perspective, experts at Vietcombank Securities Company believe that the VN-Index closing the trading session on March 26th with a red candlestick indicates that sellers are regaining dominance after the market had recorded two recovery sessions from the short-term bottom of 1,600 points.

On the daily chart, the RSI indicator is trending slightly downward, but the MACD indicator is still trending upwards, and the closing index is close to but has not fallen below the 200-day moving average (equivalent to 1,635). Therefore, it is likely that there will be periods of consolidation and volatility to test supply and demand in the 1,630 - 1,650 point range in the next session.

On the hourly chart, the indicators are generally moving sideways or slightly upward. Therefore, there is a high probability that sideways consolidation will continue in the next session, and the nearest support level is around 1,627 (equivalent to the MA20 level of the Bollinger band).

Regarding today's market, experts from BIDV Securities Company stated that the VN-Index rose to 1,675 right from the opening, however, selling pressure pushed the index down, fluctuating between 1,635 and 1,650 before closing at 1,644.63 points, down nearly 14 points compared to yesterday.

Market breadth leaned towards the negative side, with 14 out of 18 sectors declining, the Insurance sector experiencing the sharpest drop, followed by the Information Technology sector… Conversely, the Industrial Goods & Services sector had a positive trading session. Regarding foreign investor activity, today they were net sellers on the HSX exchange and net buyers on the HNX and UPCOM exchanges.

The market is currently seeking equilibrium in the 1,600 - 1,725 ​​range; in the short term, the market is facing resistance in the 1,645 - 1,660 range and needs to break through this area to return to the 1,700 - 1,725 ​​range.