At the end of the session, the VN-Index edged up by 0.62 points to close at 1,313.46. Trading volume reached nearly 718 million shares, equivalent to more than VNĐ16.89 trillion (US$651.5 million) in value.
According to data from FiinTrade and SSI Research, ETFs posted a net outflow of over VNĐ210 billion between May 12 and 16, marking the second consecutive week of withdrawals.
Despite a sharp recovery over the past two weeks, analysts warn that the current rally could lose momentum without fresh support, particularly as profit-taking emerges and market breadth remains limited.
Profit-taking pressure emerged across the board, particularly in banking and technology stocks, causing the VN-Index to retreat slightly to 1,301.39 points — a nearly 12-point in Friday''s session.
The rally was driven by optimistic developments in US trade negotiations with both the United Kingdom and China, which supported investor sentiment across global markets.
Despite strong resistance and uncertain outcomes from the tarriff talks, analysts expect the VN-Index to consolidate in the short term before attempting to break the 1,280-point level and approach the psychological threshold of 1,300.