Vietnam’s VN-Index edges up as brokerages watch the 1,760-point level
Vietnam’s VN-Index rose 3.83 points to close at 1,746.90 on November 11, but trading volume fell and more stocks declined than advanced. Several brokerages expect near-term consolidation, with resistance between 1,750 and 1,780 points and future trading volume in focus.
On November 11, Vietnam’s VN-Index closed at 1,746.90 points, up 3.83 points; the HNX-Index closed at 255.73 points, down 0.53 points. The VN-Index recovered late in the session, but the broader market was mixed. Thiên Việt Securities said 157 stocks fell and 136 rose, while trading volume dropped 24% from the previous session. Large-cap stocks provided the main support for the index’s late turnaround.
Looking ahead, SSI Securities said the index may need more time to consolidate, with its next target range at 1,750 to 1,770 points. During any market fluctuations, investors should watch the 20-day moving average around 1,730 to 1,735 points. The firm said the index had improved, but capital inflows and the number of advancing stocks had yet to improve in step.
Saigon–Hanoi Securities said the VN-Index is moving toward the 1,760-to-1,780-point range, but that this is a strong resistance zone corresponding to the downward trend line in place since September and the October 2026 high. The firm also noted that both the VN-Index and VN30 remain below the downward trend line extending from September. Although trading activity has improved, it remains below average.
Thiên Việt Securities expects the VN-Index may rise toward the 1,760-to-1,770-point range over the next few sessions. That outlook, however, depends on how the market performs. The assessments and investment recommendations of the securities firms are for reference only.
Source: VietVance
