Market Pulse 10/09: VN-Index Rebounds in Afternoon Session as Foreign Investors Ramp Up Net Selling

Market liquidity decreased compared to the previous session, with the order-matching trading volume of the VN-Index reaching over 833 million shares, equivalent to a value of more than 24.5 trillion VND; the HNX-Index reached over 80 million shares, equivalent to a value of more than 1.8 trillion VND.

The VN-Index opened the afternoon session with a tug-of-war dynamic, but buyers gradually regained control, helping the index quickly recover to the reference level and close in the green by the end of the session. In terms of influence, VCB, VIC, CTG, and BSR were the most positively impactful stocks on the VN-Index, contributing a 5.4-point increase. Conversely, FPT, GVR, LPB, and VNM faced selling pressure, reducing the index by over 1.1 points.

In contrast, the HNX-Index showed a rather pessimistic trend, negatively impacted by stocks such as MBS (-1.88%), HUT (-2.06%), CEO (-1.66%), and SHS (-0.75%).

At the close, the market rose by 0.37%, with contrasting green and red sectors. The energy sector led the gains with a 2.41% increase, primarily driven by BSR (+4.84%), PVS (+1.48%), PVD (+2.48%), and OIL (+0.87%). The industrial and financial sectors followed with gains of 0.79% and 0.51%, respectively. Conversely, the information technology sector saw the largest decline, falling by 0.81%, mainly due to FPT (-0.88%), CMG (-0.13%), and ELC (-0.23%).

In terms of foreign trading, foreign investors continued to net sell over 2,927 billion VND on the HOSE, focusing on stocks such as HPG (337.37 billion), MWG (289.64 billion), MBB (179.62 billion), and DIG (161.05 billion). On the HNX, foreign investors net sold over 70 billion VND, concentrated in CEO (28 billion), PVS (18.85 billion), IDC (16.33 billion), and SHS (10.34 billion).

11:30: Sluggish liquidity, increased foreign selling pressure

Increased selling pressure from foreign investors amid sluggish liquidity challenged the market. At the mid-session break, the VN-Index fell by 3.78 points to 1,633.54 points, while the HNX-Index remained at the reference level, reaching 274.55 points. Sellers dominated with 331 declining stocks and 297 advancing stocks.

Market liquidity showed no signs of improvement compared to the previous session’s low levels. The HOSE trading value this morning reached over 15 trillion VND, down 38.5% from the one-month average. The HNX recorded a volume of nearly 40 million units, equivalent to over 955 billion VND.

Source: VietstockFinance

Regarding the impact on the VN-Index, VPB was the most negatively influential stock, reducing the index by 0.8 points. This was followed by HPG, LPB, MWG, and HDB, which collectively pulled the index down by an additional 1.8 points. Conversely, CTG was a bright spot, contributing a 0.7-point increase.

Divergent trends continued to dominate, with all sectors fluctuating within narrow ranges. The non-essential consumer sector temporarily lagged, adjusting by 0.78% due to negative performances from VPL (-0.75%), FRT (-0.7%), MWG (-1.45%), HHS (-2.35%), and PET (-2.47%).

The information technology sector followed with a 0.54% decline, primarily influenced by large-cap stocks such as FPT (-0.59%), CMG (-0.25%), ELC (-0.69%), and DLG (-1.35%).

Conversely, the healthcare sector led the gains with a 0.49% increase, thanks to positive contributions from stocks like DHT (+1.78%), DBD (+1.13%), TRA (+1.2%), DMC (+0.78%), JVC (+1.69%), and CNC (+2.05%).

Source: VietstockFinance

Foreign investors intensified their net selling, reaching 1.9 trillion VND across all three exchanges. Selling pressure concentrated on HPG, with a value of 242.57 billion VND, far surpassing other stocks. Meanwhile, FUEVFVND led the net buying with a value of only 13.73 billion VND.

10:35: Contrasting green and red, VN-Index enters a tug-of-war

Balanced buying and selling forces prevented the main indices from breaking out. As of 10:30, the VN-Index entered a tug-of-war around the reference level, declining slightly by over 1 point. The HNX-Index also experienced a tug-of-war, but buyers gained a slight edge, maintaining a nearly 1-point increase and trading around 275 points.

Stocks in the VN30 basket showed a slight green dominance. Specifically, TCB, MBB, CTG, and SSI contributed 2.25 points, 1.21 points, 0.58 points, and 0.5 points, respectively, to the overall index. Conversely, VHM, VIC, VJC, and VPB faced strong selling pressure, reducing the VN30-Index by over 4.4 points.

Source: VietstockFinance

The financial sector continued its strong upward trend, supporting the overall market with contributions from leading stocks such as VCB (+0.62%), BID (+0.62%), TCB (+1.69%), and CTG (+1.81%).

Additionally, the energy sector saw impressive gains, with notable performers including BSR (+0.97%), PVS (+1.18%), PVD (+1.58%), OIL (+0.87%), and PVT (+0.56%).

Conversely, the real estate and non-essential consumer sectors faced strong selling pressure, with major players such as VIC (-0.85%), VHM (-1.18%), BCM (-1.62%), VRE (-0.33%), MWG (-0.79%), PNJ (-0.58%), and FRT (-0.7%) declining.

Compared to the opening, buyers and sellers engaged in a fierce tug-of-war, with over 1,000 stocks remaining unchanged. Buyers gained a slight edge, with 295 advancing stocks (13 at the upper limit) and 269 declining stocks (3 at the lower limit).

Source: VietstockFinance

Opening: Energy stocks surge at the start of the session

At the start of the session on 10/09, as of 9:30, the VN-Index rose by over 7 points, trading around 1,643 points. The HNX-Index also increased slightly by over 1 point, around 276 points.

The financial sector was among the top performers in the early session, continuing its role as a pillar supporting the index. Leading stocks such as TCB (+3.12%), VCB (+1.23%), VPB (+0.46%), and MBB (+2.81%) showed strong gains.

The energy sector saw the most robust growth, driven by oil and gas stocks positively influenced by global oil prices following news of Israel’s strike on Hamas leaders in Qatar. Notable gainers included BSR (+1.74%), PLX (+0.71%), PVS (+1.78%), and PVD (+1.35%).

In addition to these sectors, several large-cap stocks also performed positively, including TCB, MBB, SSI, and FPT, contributing to the index’s support.

Lý Hỏa

– 11:55 10/09/2025