VN-Index expected to approach near-term peak around 1,920 points

VN-Index is expected to rise and approach the nearest resistance around 1,890–1,900 points. The index closed up 13.06 points (+0.7%) at 1,870.36, while the HNX-Index fell 2.13 points (-0.83%) to 253.23. BVSC notes that VN-Index continues to advance while market breadth leans toward declines; positive support from several large-cap stocks helped maintain a green session for the second day in a row. However, the rally appears to slow as liquidity pours in, signaling increasing selling pressure as the index nears the old resistance around 1,890–1,900. Investors are advised to take profits on short-term positions when price targets are met or when the market approaches resistance near old highs, and to avoid opening new trading long positions near those levels. Open positions only on dips near support levels and consider buying opportunities in groups of stocks that have not risen much and are consolidating at support. VIN stocks continue to play the main driver role today. The VN-Index shifted into a range of 1,855–1,890 before closing at 1,870.36, with breadth skewed toward negative as 13 of 18 sectors fell; oil & gas and telecommunications led the downside. In contrast, real estate and banking sectors posted positive sessions; foreign cash showed net selling across HSX, HNX, and UPCOM. Investors remain cautious until a clearer trend emerges. Short-term outlook from SHS suggests the VN-Index’s near-term trend is up with support around 1,820. The index is testing historical highs around 1,880–1,900 in late February/early March 2026, before a downturn caused by events in the Middle East. Indicators imply near-term momentum could become overbought. Investors are advised to stay cautious, maintain moderate leverage, and consider rotating out weaker names; opportunities exist in stocks with solid fundamentals, preferably in leading sectors that are correcting but still supported by fundamentals. Investors are advised not to initiate new buys for now and to monitor index movements closely in coming sessions. The VN-Index remains in an uptrend with potential continued upside. TV_S notes that the VN-Index rose 13.1 points (+0.7%), closing at 1,870.4. The gain was led by VIC and the state-owned banks (VCB, BID, CTG). Market breadth was negative with 208 decliners. The index’s upside is supported by VIC and large-cap players, but breadth remains unfavorable, suggesting the market may not sustain the rally; investors should avoid new purchases and instead look for opportunities on pullbacks in less-advanced stocks that are consolidating near supports. YSVN observes that the VN-Index is consolidating in an uptrend with support at MA5. Banking stocks are leading, while the Vingroup and retail sectors show modest corrections. The firm cautions against chasing high-beta names during rallies and emphasizes maintaining a balanced exposure with focus on fundamentally strong, leading stocks; as liquidity shifts post-earnings season and upcoming holidays, investors should monitor for selective opportunities with controlled risk. VCBS states the market is oscillating with momentum indicators RSI and MACD rising, and RSI entering overbought territory, signaling potential sideways movement or shallow pullbacks. The index is likely to hover within 1,845–1,890 in the near term, with a bias toward further consolidation. Investors are advised to emphasize short-term trading opportunities while ensuring risk controls and to watch sectors such as public investment, oil & gas, and shipping. VCSC believes the index may require additional selling in the 1,845–1,890 range with a projected corridor toward 1,845–1,890 before a possible move to 1,900–1,920. The 23/04 session shows heightened selling pressure; VN-Index remains above MA5, suggesting the potential to retest higher resistance levels, but the downside risk remains until supply is absorbed. The report recommends a focus on short-term strategies, stock selection with solid fundamentals, and looking for catalysts in select sectors. Note: Market opinions from brokerage firms cited by VnEconomy are for informational purposes and may reflect conflicts of interest with investors. "Trụ kéo VN-Index tiến vào vùng đỉnh lịch sử" (Key index move) – 15:35, 23/04/2026, with visuals highlighting the index’s approach to historic highs; other headlines include bank-led stocks drawing capital, and the index closing near historic highs around 1,870. The broader market showed selective strength and ongoing sector rotation, with some stocks pulling the index higher while others corrected. Key market topics include ongoing coverage of brokerage views, index levels around 1,870–1,900, and sector dynamics in banking, real estate, energy, and consumer-led groups. The market occasionally notes foreign net selling and caution ahead of earnings rounds and holidays, with investors seeking selective opportunities in established leaders and defensives. Additional context includes related articles on valuation, sector rotations, and macro factors affecting Vietnam’s stock market, as well as a list of commonly followed tickers and indices. Summary: The market is in a cautious uptrend with resistance near 1,890–1,900; near-term risk of consolidation or a modest pullback exists as liquidity and selling pressure increase near key levels. Investors should favor capital preservation and selective exposure to leading stocks with strong fundamentals. End of main report.