AMY MARKET CLOSE · 23 JUL 2026 · 15:30 ICT

VN-Index nears 1,700.
The rebound needs confirmation.

Closing data cross-checked against trusted Vietnamese financial sources.

REGIMETechnical rebound · not a reversal

Breadth improved, but VIC–VHM dominated index gains and foreign selling continued.

VN-INDEX1,699.38+30.85 · +1.85%
3-MARKET VALUEVND 21,539bnOver 966m shares
FOREIGN FLOW−VND 452bnNet selling continued
HOSE BREADTH189 / 122Advancers / decliners
O/N VNIBOR3.250%−0.333 percentage points
01

Read in 60 seconds

  • VN-Index reversed an early decline and closed at 1,699.38, up 30.85 points or 1.85%.
  • HOSE recorded 189 advancers and 122 decliners; three-market value reached VND 21,539bn.
  • VIC and VHM contributed more than 23 points, leaving the rebound index-heavy.
  • Securities and energy rallied broadly; real estate remained split and PNJ hit a third floor.
  • Foreign investors sold a net VND 452bn—less than the prior session, but not yet a flow reversal.
02

Session structure

INTRADAY REVERSALFrom near 1,650 to almost 1,700

The market weakened in the morning before a sharp afternoon reversal. VIC rose 5.9% and VHM gained 4%.

VnExpress · 16:05, 23 Jul →
BREADTH · TURNOVER189 up · 122 down

HOSE matched value exceeded VND 17,321bn, while total three-market turnover was lower at VND 21,539bn.

Nhan Dan · 16:58, 23 Jul →
03

Sector and foreign flow

SECURITIESSSI +4% · VCI +3%

VIX and VUA hit the ceiling; VND, HCM and SHS also advanced strongly.

ENERGYPVD +5.7% · GAS +3.7%

PVS gained 3.6% and BSR rose 1.5% as high oil prices supported expectations.

REAL ESTATEHighly divided

KBC, VPI and BCM gained, while DXG fell 5% and NLG lost 3.8%.

FOREIGN FLOW−VND 452bn

Net selling centred on MBB, TCB, VCB and VPB; SHB, LPB and VIC led net buying.

Sector source: DNSE · 23 Jul close.

04

Company events

EARN
Q2 DISCLOSURES

Aggregate profit rose 24.9% year on year

Results from 310 listed companies and banks, representing 22.2% of market cap, were led by oil and gas, power and pharmaceuticals.

FiinTrade/MoneyF · 10:18, 23 Jul →
PNJ
MAJOR SHAREHOLDER

Dragon Capital fell below 5%

The group sold over 2.51m shares on 16 July, reducing ownership from 5.05% to 4.55%. PNJ hit its third consecutive floor on 23 July.

Bao Dau Tu · 23 Jul →
05

VN-Index scenarios for 24 July

POSITIVEHold above 1,700–1,710

Improving breadth and turnover would broaden the rebound.

BASERange 1,675–1,705

Consolidation after the sharp rebound, with earnings-led selection.

NEGATIVEBreak below 1,675

A retest of 1,645–1,655 becomes more likely; reduce high-beta exposure.

These levels are technical inferences from the 23 July session, not guarantees.

06

Three items to watch

  1. Holding 1,700: confirmation requires breadth and turnover, not VIC–VHM alone.
  2. Sector continuity: securities and energy strength, plus easing foreign pressure on banks.
  3. Lagging names: DXG, NLG and PNJ will help reveal whether balance is genuine.
For information and investment education only; not a buy or sell recommendation.
ZChat on Zalo