The Vietnamese stock market opened the October 13th trading session with a dip to 1,735 points, but quickly rebounded and continued its upward trajectory, fueled by positive momentum from large-cap stocks and the real estate sector. By the close, the VN-Index had climbed 17.57 points (+1.01%) to reach 1,765.12 points. Foreign investors, however, continued their net selling streak, offloading a total of 1.150 trillion VND across the market.
Securities firms acted as net sellers, offloading 774 billion VND on the HOSE.
Leading the sell-off were securities firms, with FPT bearing the brunt at -225 billion VND, followed by HDB (-153 billion), MWG (-84 billion), STB (-58 billion), and TCB (-46 billion VND). Other notable net sellers included MBB (-43 billion), HPG (-42 billion), KDH (-32 billion), HDG (-32 billion), and VIX (-31 billion VND).
On the flip side, VHM emerged as the top buy, attracting 80 billion VND in net purchases. VIC secured the second spot with 59 billion VND, trailed by ACB (45 billion), VPB (28 billion), E1VFVN30 (10 billion), SHB (8 billion), LPB (3 billion), HSG (3 billion), MSN (3 billion), and GEE (3 billion VND).
Stock Market Shatters All Records
The opening session of the week (October 13th) marked a historic milestone for Vietnam’s stock market, as the VN30-Index surpassed the 2,000-point threshold for the first time.
Where Are Oil & Gas Stocks Amid a Soaring Market?
Following the Vietnamese stock market’s ascent to new heights and its official upgrade to secondary emerging market status, investor focus is shifting towards stocks with unique narratives, particularly within the energy sector. However, several energy stocks are currently lagging significantly behind the broader market’s momentum.
Historic Stock Market Peak: Is a Major Wave Following the Upgrade?
The VN-Index has just experienced its most robust weekly gain in history, consistently reaching new highs following the market upgrade catalyst. However, analysts caution that the rally is primarily driven by a handful of blue-chip stocks, with market liquidity showing signs of divergence. After the initial reaction to the upgrade news, the market is expected to refocus on fundamental factors.
VN-Index Hits New High Post-Upgrade: Why Are Many Investors Still Losing?
Last week, following the stock market upgrade, the VN-Index surged by over 100 points, yet many investors were left in tears.
J.P. Morgan Forecasts VN-Index to Hit 2,200 Points, Highlights 22 Top Money-Magnet Stocks Amid Upgrade
J.P. Morgan has revised its 12-month target for the VN-Index upward, setting a base-case scenario at 2,000 points and an optimistic scenario at 2,200 points. This adjustment reflects a potential 20–30% increase from current levels, signaling confidence in the market’s growth trajectory.
