The market’s red hue spread as key pillar stocks and primary drivers pushing the index toward the 1,800-point mark saw their gains narrow.
Today’s trading session opened on a positive note, with the VN-Index reaching 1,794 points at one point, a nearly 30-point surge at the start. Liquidity also increased. The primary drivers of the market remained large-cap stocks, notably VIC and VHM from the Vingroup family. VIC hit its ceiling at 219,700 VND per unit, leading the market’s charge.
The market climbed on the back of these pillar stocks but faced downward pressure in the afternoon session. Consequently, VIC retreated slightly, closing with a 3.2% gain, still the most significant contributor to the VN-Index.
VN-Index slips from its peak just shy of the 1,800-point mark.
VHM followed closely, with the two Vingroup representatives lifting the index by over 8 points. However, this wasn’t enough to counter the broader market’s downward pressure. The VN-Index fell below the reference point, with HoSE recording over 250 declining stocks. The VN30 group also saw a majority decline, with 22 out of 30 stocks adjusting. The few gainers included DGW, MWG, VPB, VHM, VIC, and VJC.
Notably, VJC marked its second consecutive session hitting the ceiling, reaching 152,500 VND per share. The assets of billionaire Nguyen Thi Phuong Thao surged dramatically. According to Forbes, her wealth increased by 332 million USD (nearly 9.5% from yesterday), now standing at 3.8 billion USD.
Additionally, leading the banking sector and ranking among the top three most positively influential stocks today was VPB. The stock rose after the bank reported record profits, the highest in 15 months. In Q3/2025, profits reached 9,166 billion VND, the highest in the last 15 quarters.
Beyond the leadership of a few pillars, the rest of the market was less upbeat. Red dominated most sectors, including real estate, despite the sector index showing growth, largely dependent on Vingroup.
Another rare highlight was GEX, which hit its ceiling at 58,800 VND per share. Over 50.2 million shares changed hands, nearly four times the previous session’s volume. This trading volume equated to 5.5% of the circulating shares. Its Gelex counterpart, VIX of VIX Securities, also rose by 4.2%, with liquidity surpassing GEX, reaching the highest on the floor at 2.9 billion VND.
Meanwhile, DXG, TCH, NVL, HHS, SCR, KDH, KBC, and others adjusted. Stocks in securities, steel, construction, and oil & gas sectors all faced profit-taking pressure.
The session concluded with the VN-Index at 1,761.06 points. The HNX-Index dipped 0.02 points (0.01%) to 275.33 points. The UPCoM-Index rose 0.45 points (0.4%) to 113.15 points.
The Stature of 5 Renowned Vietnamese Entrepreneurs Frequently Featured in Forbes
They are renowned entrepreneurs dominating Vietnam’s business landscape, consistently ranking among the wealthiest on the stock market and frequently featured in Forbes’ prestigious lists.
Billionaire Pham Nhat Vuong Transfers Nearly 600 Million VIC Shares to Fuel Clean Energy, Green Taxis, and High-Speed Rail Dreams
Recently, Mr. Pham Nhat Vuong, Chairman of Vingroup’s Board of Directors, transferred ownership of over 60 million VIC shares to VinEnergo Energy Joint Stock Company to increase its share capital.
Who Truly Stands Behind Vietnam Exhibition Center’s ‘Century Steel Dome’?
To showcase the stature, ambition, and resilience of Vietnam’s business class, nothing speaks louder than the projects and structures that elevate the nation’s global standing. At the “Century Steel Dome” of the Vietnam Exhibition Center, that mark of excellence belongs to Vingroup and the three construction units: Đại Dũng, QH Plus, and ATAD.
Technical Analysis for the Afternoon Session of October 14: Uptrend Still Intact
The VN-Index continues its upward trajectory, setting a new record high. Currently trading near the Upper Band of the Bollinger Bands, the index suggests further growth potential as the bands expand. Meanwhile, the HNX-Index saw modest gains, with the MACD indicator generating a fresh buy signal.
Market Pulse 14/10: Selling Pressure Mounts, VN-Index Pauses
The surge in selling pressure during the afternoon session caused a dramatic reversal. The number of advancing stocks soared to over 520, significantly outpacing the nearly 240 declining stocks. At one point, the VN-Index plunged by almost 8 points.
