The market reversed course, but real estate stocks remain hot.
The market quickly adjusted as it witnessed increased selling pressure across the board; however, real estate stocks managed to maintain their momentum.
In the trading session on April 8th, following a series of positive news, the VN-Index immediately surged 80 points, while liquidity exploded with the highest trading volume in nearly a month.
However, during the morning trading session on April 9th, increased selling pressure caused the VN-Index to reverse and correct, although the decrease was not too large, red dominated the electronic board.
After more than an hour of trading, with the number of declining stocks twice the number of rising stocks, the VN-Index fell by more than 9 points to 1,747 points. However, small and medium-sized real estate stocks are still trading actively and showing positive signs.
At the close of this morning's trading session, the real estate sector saw gains of NVL (+5.71%), DXG (+3.37%), VHM (+0.16%), DIG (+1.73%), TCH (+0.29%), KDH (+0.7%), KBC (+1.6%), and CEO (+1.14%).
The banking sector declined, with MBB (-0.19%), VCB (-1.16%), VPB (-1.45%), EIB (-1.52%), HDB (-1.33%), and BID (-1.93%). Similarly, the financial services sector saw declines, including VIX (-0.55%), VCI (-2.59%), SHS (-2.15%), VCK (-3.17%), and HCM (-1.77%).
In the oil and gas group, BSR (-1.36%), PVD (-2.58%), PVS (-0.79%), OIL (-2.07%), and PLX (-1.85%) saw declines. Similarly, the chemical group experienced declines in DGC (-2.33%), DCM (-0.55%), DPM (-1.04%), GVR (-2.11%), and DPR (-0.85%).
The color red also covered many stocks in the food and beverage group such as VNM (-1.76%), DBC (-1.28%), BAF (-1.55%), HAG (-0.62%) and SAB (-0.2%).
The VN-Index saw a decline of 17.62 points, falling to 1,738.93 points (-1%) compared to the previous session. Similarly, the UPCoM-Index decreased by 127.01 points (-0.54%), equivalent to 0.69 points, and the HNX-Index fell by 250.56 points (-1.09%), equivalent to 2.76 points.
Market liquidity reached VND 12,006.47 billion with over 490,000 shares traded. In the VN30 group, only 5 stocks increased, while the remaining 25 decreased.
Experts at ACB Securities believe that in the following sessions, the VN-Index may experience strong fluctuations around the 1,750-point level to re-test supply and demand at this price point. However, if this support level holds, the upward trend is expected to continue, opening up room to reach the 1,900-point peak.
In the upcoming trading sessions, there may be some consolidation around the 1,750 point level, followed by a further increase targeting the 1,800 point mark, and even the 1,900 point mark.
Investors are holding stocks with strong fundamentals and promising earnings growth prospects during the Q1 2026 earnings reporting season and shareholder meetings.
