Stock Market Week of 30 Mar–3 Apr 2026: Gains Falter

Market overview: The Vietnamese stock market traded in a choppy week as liquidity did not improve and broad market momentum remained restrained, with risk appetite still cautious. The VN-Index fell 0.64% on 3 April to 1,684.04 points, while the HNX-Index declined 0.67% to 248.68 points. For the week, the VN-Index rose 0.67% (11.24 points) while the HNX-Index declined 1.46% (3.68 points). Trading remained choppy as demand improved but not enough to sustain a breakout. After testing the 200-day SMA, the VN-Index briefly breached 1,700 in midweek but gains faded as selling pressure resurfaced at higher price levels. Liquidity cooled, signaling cautious sentiment and that money was not yet ready to re-enter strongly until macro variables clarified. Contributors to the weekly move: On the downside, HPG, GEE, BID, and TCB each shaved about one point off the VN-Index. Conversely, VIC and VHM helped ease the downward pressure, contributing over 3 points in aggregate. Sector performance: Most groups closed red. The communications services sector led losses, with VGI, FOX, MFS, TTN, and VNB among notable decliners. Industrials, consumer discretionary, and materials were also under pressure with several names down more than 2%. Energy and real estate were among the few green sectors, led by heavyweight stocks such as BSR, VIC, VHM, and NVL, which supported the weekly performance. Foreign investors sold over 1.1 trillion VND across both exchanges last week. On HOSE, foreign net selling reached 1.7 trillion VND, while they remained net buyers on HNX with over 589 billion VND. Key visuals: Net trading values by stock and per-stock net trading figures were published in accompanying charts. Top performers: The standout winner was VHM, up 15.73% for the week after successfully testing the 200-day SMA; the stock surged above the Upper Bollinger Band with volume above the 20-day average. MACD widened after a buy signal, while Stochastic showed signs of being overbought, implying potential near-term volatility. Top laggards: REE fell 10.18% as it extended a negative week with five consecutive declines and breached toward the Middle Bollinger Band. Short-term risk was elevated as Stochastic and MACD issued sell signals; the 200-day SMA could act as a key support in the coming sessions. II. WEEKLY MARKET STATS: The week featured multiple chart panels and data visuals illustrating market breadth and sector movements. Source: Vietstock Economic & Market Strategy Research Department, Vietstock Advisory FILI - 17:17 03/04/2026