Despite a strong start in the morning, with blue chips performing well and briefly lifting the VN-Index past 1,370 points, the index lost momentum by the end of the session.
The VN-Index posted a fairly strong performance during the first half of the morning session, peaking at 1,352.01 points, up 5.2 points, before slipping, then recovering in the afternoon to close in positive territory.
After bottoming out in early April, the benchmark index reclaimed all losses incurred during the tariff-triggered volatility by the end of May. The rebound has buoyed equity funds, restoring previously negative returns to solid profits.
Although tensions in the Middle East persisted, investor confidence improved markedly after the weekend, leading to a broad recovery in Việt Nam’s stock market on Monday, accompanied by a rise in net buying from foreign investors.
From the opening of the Monday morning session, selling pressure weighed heavily across the board, dragging the VN-Index down steadily until the close.
According to market analysts, the medium-term uptrend remains intact, but the current correction is seen as a healthy phase for the VN-Index to consolidate momentum before potentially targeting the 1,398–1,418-point resistance zone in the weeks ahead.
The VN-Index recovered the 1,335-point mark despite early pressure from large-cap declines, while liquidity eased slightly and foreign investors continued to sell, albeit at a reduced pace.
According to analysts, a decisive breakout will require stronger fundamental catalysts, especially as profit-taking pressure lingers and foreign investors continue to sell.