Stock Market Update October 7: VN-Index Surges Strongly – What Should Investors Do Next?

On October 6th, the HoSE market saw a remarkable surge with 22 stocks hitting their upper price limit. What strategic moves should investors consider for the trading session on October 7th?

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On October 6th, the VN-Index surged significantly, driven by large-cap stocks such as VCB, VPB, HPG, and VIC.

Vietnam’s stock market witnessed a remarkable rally on October 6th, with the VN-Index opening nearly 30 points higher at 1,690, fueled by strong performance from large-cap stocks. Key sectors like banking, retail, and steel led the uptrend, dominating the market with widespread gains.

Mid-cap stocks, representing companies with market capitalizations between VND 1,000 billion and 10,000 billion in securities and real estate, showed impressive recovery, attracting significant investor interest.

In the afternoon session, the VN-Index maintained steady growth, fluctuating narrowly around 1,680 before breaking past 1,690 to close at the session high of 1,695—a 49.6-point (3.02%) increase. Market liquidity improved notably, reflecting robust investment activity. However, foreign investors continued to net sell VND 1,856 billion, focusing on stocks like MWG, MBB, and FPT, counterbalancing domestic buying pressure.

VCBS Securities highlighted the October 6th rally as a positive signal, driven by large-cap leaders such as VCB, VPB, HPG, and VIC, alongside enhanced liquidity. “Investors should hold stocks with strong upward trends while seeking opportunities in banking, securities, and real estate sectors, which are currently attracting speculative capital,” VCBS advised.

According to Dragon Capital Securities (VDSC), the market benefited from positive Q3/2025 GDP data. Increased liquidity compared to the previous session indicates favorable investor sentiment. The upward momentum may propel the VN-Index toward the 1,710 resistance level (previous peak). However, heightened supply-demand tension at this level could trigger significant volatility.

VDSC recommends investors capitalize on rallies to secure short-term profits, avoid chasing high prices, and consider investing in stocks with solid accumulation foundations.

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