VN-Index Gains Momentum After Lunar New Year: 1,900 Points in Sight

Strong Post-Holiday Start for the Stock Market The Vietnamese stock market met with intense investor interest during the first trading session following the Lunar New Year holiday.
Driven by purchases in large-cap stocks, the VN-Index closed the day at 1,860.14 points, an increase of 36.05 points (1.98%).
This upward movement indicates that post-holiday optimism remains strong in the market.
Sectoral Performance and Foreign Investor Activity Throughout the session, blue-chip stocks such as GAS, VIC, VPB, BID, and GVR were the primary drivers pushing the market higher.
In the public investment group, HHV, VCG, and CTD shares stood out with their strong performance.
On the other hand, despite robust purchases by domestic investors, foreign investors ended the day as net sellers.
Total sales concentrated in FPT, VCB, and DGW shares exceeded 1,107 billion VND.
Technical Analysis and Brokerage Expectations Vietcombank Securities (VCBS) considers the index's rise above its 20-day moving average (MA20) of around 1,820 points as a positive technical signal.
Critical Resistance Levels and Risk Warnings Analyses from other brokerage firms highlighted specific resistance points.
Meanwhile, ASEAN Securities expects the VN-Index to test the 1,880–1,900 point range.
If this level is surpassed with high liquidity, 1,920 points could become the new target.
Analysts emphasize that because the market is in a short-term consolidation phase, investors should remain cautious when buying at high price levels.