After two consecutive sessions of decline, the stock market continued to face adjustment pressures on October 16th. Positive movements in retail and real estate stocks became the driving force behind the market’s rebound, with improved liquidity. At the close, the VN-Index rose by 8.90 points (+0.51%) to 1,766.85 points. Foreign trading activity was a highlight, with net buying exceeding 404 billion VND across the market.
Securities firms reversed to net sell 81 billion VND on HOSE.

Specifically, securities firms recorded the highest net selling in VPB at -47 billion VND, followed by MSN (-41 billion), FPT (-37 billion), MWG (-22 billion), and VIC (-17 billion VND). Other stocks also saw significant net selling, including VHM (-13 billion), PVD (-12 billion), ANV (-11 billion), SSI (-10 billion), and LPB (-9 billion VND).
Conversely, STB led the net buying list with 30 billion VND. TCB followed with 27 billion VND, trailed by MBB (24 billion), CII (18 billion), PDR (15 billion), DIG (14 billion), E1VFVN30 (13 billion), CTG (11 billion), NLG (11 billion), and VSC (11 billion VND).
Massive Deal Shakes Up the Stock Market
Masan’s MSN stock took center stage today (October 16th) with a dramatic surge, hitting its daily limit right at the opening bell. A massive block trade of over 44 million shares, valued at approximately $127 million, further fueled the excitement. This, coupled with the positive performance of other large-cap stocks, propelled the VN-Index upwards.
Minister of Finance Urges SSC to Focus on Implementing Five Key Solutions for Stock Market Development
The Minister emphasized that the growth of the fund industry in particular, and the stock market in general, requires the active participation and collaboration of fund management companies and market participants.