On October 9th, the VN-Index closed at 1,716 points, up 18 points or 1.1%.
Vietnam’s stock market opened the morning session on October 9th above 1,700 points and quickly approached 1,720 points. Afterward, the VN-Index fluctuated narrowly around 1,710 points. The primary drivers of the index’s green momentum were blue-chip stocks, notably those from the Vingroup family. Specifically, VHM surged to its ceiling price (+6.9%), while VRE climbed 3.03%, contributing significantly to the market’s positive trend.
The afternoon session saw little change, maintaining the upbeat momentum from the morning. In addition to support from Vingroup stocks, banking shares also made notable gains: CTG rose 3.97%, VPB increased 3.22%, and MBB advanced 1.86%. These stocks bolstered the VN-Index’s upward trajectory, helping it sustain its green hue until the close.
A notable highlight was foreign trading activity. After a period of net buying, foreign investors unexpectedly shifted to net selling during the October 9th session, with a total net sell value of 1,604.62 billion VND. The stocks under the heaviest selling pressure included HPG, VRE, and SSI. This shift reflects a strategic adjustment by foreign investors, which may impact market sentiment in the short term.
At the close, the VN-Index settled at 1,716 points, up 18 points or 1.1%.
According to VCBS Securities, the VN-Index surpassing the 1,700-point mark on October 9th is a positive signal, primarily driven by blue-chip leadership. VCBS advises investors to maintain their portfolios of stocks in upward trends while considering allocations to sectors attracting capital inflows, such as Banking, Public Investment, and Retail. This period marks the start of Q3 2025 earnings releases, offering investors opportunities to select promising stocks for short-term goals.
Meanwhile, Dragon Capital Securities (VDSC) notes that the market is sustaining its upward trend and gradually overcoming the 1,700–1,710 resistance zone. Slight liquidity improvement compared to the previous session indicates that capital is still supporting the market, while supply-side pressure remains modest. However, for the market to extend its gains, capital strength must persist and better absorb supply in upcoming sessions.
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Foreign Investors Reverse Course, Pouring Nearly 450 Billion VND into a Blue-Chip Stock Amid Reduced Selling Pressure in Session 10/10
Foreign block transactions remain a drawback, yet there’s a silver lining as net selling totaled 637 billion VND across the entire market.
“Vin Group Stocks Surge, Propelling VN-Index to New Historic Highs”
The VinGroup family of stocks soared on October 10th, with VIC and VHM hitting their daily limit, while VRE and VPL surged close to their caps. This collective rally fueled a market-wide euphoria, propelling the benchmark VN-Index upwards by over 31 points.
Massive Sell-Off: Brokerage Firms Unload Hundreds of Billions in Stocks During Friday’s Session
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Vietnamese Billionaire Pham Nhat Vuong Makes Unprecedented Move in Vietnam’s Stock Market History
The stock codes VIC and VHM both surged to their upper limit of 7%, setting new record highs. Notably, this marks the second consecutive session of Vinhomes hitting the ceiling price.
