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.

0
14

MSN surged to its ceiling price of VND 88,200 per share, maintaining this level until the market closed. Buyers dominated with over 7.2 million shares still seeking to purchase at the ceiling price, highlighting a strong influx of capital.

Notably, MSN recorded a massive block trade of over 44 million shares.

According to market insights, MSN shares have garnered attention following news of SK Invest Vina I’s divestment plans. The South Korea-based SK Group affiliate is offering approximately 42.6 million MSN shares, equivalent to nearly 3.6% of outstanding shares, at a price range of VND 78,000 to VND 79,300 per share.

The total transaction value is estimated at over USD 127 million. This development has sparked speculation among investors about Masan potentially welcoming a new foreign partner.

VIC reclaimed its top position among market leaders.

Beyond MSN, today’s market also witnessed the resurgence of the Vingroup cluster, further bolstering the VN-Index’s upward momentum. VIC led the index support group, while VRE also posted strong gains. Conversely, VHM and VPL remained in negative territory.

Additionally, major tickers such as VJC, VCB, TCB, BID, and the Gelex group (GEX, GEE) demonstrated positive movements, reinforcing market optimism. GEE hit its ceiling price, GEX climbed over 4%, and both maintained top liquidity on the exchange. Total liquidity on HoSE soared to nearly VND 40 trillion—a rare high in recent sessions—indicating a return of capital to blue-chip and real estate stocks.

Real estate tickers including NLG, DIG, DXS, and DXG all surged to their ceiling prices, while PDR, NVL, CEO, TCH, and SCR saw trading volumes in the tens of millions. Notably, foreign investors unexpectedly turned net buyers with over VND 420 billion, focusing heavily on NLG, DXG, and GEX. VIX ended a five-session net selling streak.

At the close, the VN-Index rose 8.9 points (0.51%) to 1,766.85. The HNX-Index gained 0.35% to 277.08, while the UPCoM-Index remained flat at 112.37.

You may also like

Foreign Investors Dump Over 400 Billion VND in Blue-Chip Stock on October 15th

Foreign investors’ trading activity has once again become a negative factor, as they engaged in net selling with a total value of 883 billion VND across the entire market.

VCBF’s Take on Underperforming Open-Ended Funds vs. Benchmark Indices

VCBF’s open-ended equity and balanced funds underperformed their benchmarks in Q3 and the first nine months of 2025, exhibiting slower growth rates. This lag can be attributed to the portfolios’ notable absence of key market-leading stocks.

“Vietnamese Brokerages Deploy VND 400 Billion to Scoop Up Stocks Amid Market Dip: Which Tickers Are Top Targets for Proprietary Traders?”

Proprietary trading desks at securities companies collectively net bought VND369 billion on the Ho Chi Minh Stock Exchange (HOSE), signaling a notable shift in market sentiment and strategic positioning.

October 16th Stock Market: Bank and Real Estate Stocks Leading the Investment Flow?

The stock market on October 16th may continue to see a divergence in stock groups, with the banking and real estate sectors taking center stage.

Real Estate Stocks on Fire: Unlocking Explosive Growth Opportunities

Selling pressure intensified in the afternoon session on October 17th, particularly among large-cap stocks, driving the VN-Index sharply lower to close the session down nearly 36 points. Blue-chip stocks, especially those in the Vingroup family, saw significant declines across the board.