I. VIETNAM STOCK MARKET WEEK 08-12/09/2025
Trading: The main indices maintained their upward momentum during the trading session on September 12th. The VN-Index ended the week at 1,667.26 points, a 0.57% increase from the previous session; while the HNX-Index also rose by 0.85% to reach 276.51 points. For the week, the VN-Index remained relatively flat with a slight gain of 0.29 points (+0.02%), and the HNX-Index decreased by 4.16 points (-1.48%).
Vietnam’s stock market concluded a dynamic trading week. After a sharp decline at the beginning of the week, the VN-Index gradually regained its balance with four consecutive recovery sessions, despite strong fluctuations within the sessions and persistent net selling pressure from foreign investors. The market continued to witness a polarized performance as capital rotated between sectors. The VN-Index ended the week at 1,667.26 points, up slightly by 0.02% compared to the previous week.
In terms of impact, VIC, HPG, and MSN were the three stocks that contributed the most to the market’s gains on Friday, adding a total of 4.6 points to the VN-Index. On the other hand, VPB exerted the most significant downward pressure, taking away 1.2 points from the index.
The majority of sectors maintained their upward trajectory, with materials leading the market, increasing by 2.18%. Numerous stocks in this sector recorded gains of over 2%, including HPG, GVR, MSR, HSG, NTP, NKG, VCS, PHR, TVN, CSV, DPR, DDV, BFC, and KSB, which hit the daily limit-up.
The consumer staples, industrials, and energy sectors also made notable contributions to the market’s performance on Friday, all increasing by over 1%. The gains were broad-based, with prominent names such as MSN (+4.88%), VNM (+3.27%), VLC (+2.01%), MML (+4%); GEX (+3.97%), CII (+3.46%), VCG (+4.66%), HHV (+2.32%), LCG (+3.32%), HVN (+3.19%); PVD (+4.6%), PVS (+3.51%), and OIL (+4.39%).
Additionally, the real estate sector contributed significantly to the overall index due to its large market capitalization. Strong buying interest was observed in VIC (+1.32%), PDR (+1.07%), DXG (+2.34%), DIG (+2.29%), TCH (+2.36%), NLG (+2.1%), as well as IJC, SJS, and TDC, which all hit the daily limit-up.
On the other hand, the information technology and financial sectors were the only ones that failed to join the rally, mainly due to pressure from a few large-cap stocks, including FPT (-0.39%); VPB (-2.02%), SSI (-1.3%), SHB (-1.4%), and SSB (-2.24%).
Foreign investors continued to be net sellers, offloading nearly VND 5.4 trillion on both exchanges during the week. They net-sold nearly VND 5.2 trillion on the HOSE and VND 201 billion on the HNX exchange.
Trading value of foreign investors on HOSE, HNX, and UPCOM by day. Unit: VND billion
Net trading value by stock code. Unit: VND billion
Stocks with notable performance during the week: KSB
KSB increased by 11.23%: KSB witnessed a strong surge in the last trading session of the week, accompanied by higher-than-average trading volume, indicating a return of positive sentiment towards the stock.
Currently, the MACD indicator has given a buy signal by crossing above the signal line, and the Stochastic Oscillator also indicates a similar signal. If, in the upcoming sessions, the stock price can completely surpass the range of 20,000-21,000 (equivalent to the previous peaks in August 2025 and March 2025), the short-term outlook will become even more positive.
Stocks with significant declines during the week: CRC
CRC decreased by 10.96%: CRC continuously dropped after falling below the SMA 50-day moving average. The high trading volume during the sharp decline sessions reflects investors’ pessimistic sentiment.
At present, the Stochastic Oscillator has entered the oversold region, and the stock price is testing the SMA 100-day moving average. If the stock can maintain its position above this threshold in the coming sessions, the situation may improve.
II. STOCK MARKET STATISTICS FOR THE PAST WEEK
Economic and Market Strategy Division, Vietstock Research Team
– 17:27 12/09/2025
Market Pulse, September 12: VN-Index Surges Nearly 10 Points Despite Foreign Outflows
The trading session concluded with significant gains, as the VN-Index rose by 9.51 points (+0.57%), closing at 1,667.26. Meanwhile, the HNX-Index also witnessed a notable increase of 2.33 points (+0.85%), ending the day at 276.51. The market breadth was strongly positive, with 581 advancing stocks against 216 declining ones. Similarly, the VN30 basket saw a slight edge for gainers, as 16 stocks climbed, 12 stocks dipped, and 2 stocks remained unchanged.
Cautious Optimism: Vietstock Daily’s Take on the Market Recovery
The VN-Index surged towards the end of the trading session, forming a prominent Hammer candlestick pattern. This indicates that the index remains firmly above the short-term trendline, which corresponds to the 1,615-1,625 range. However, a sharp decline in trading volume below the 20-session average suggests that investors are exercising caution. Meanwhile, the Stochastic Oscillator continues its downward trajectory after issuing a sell signal, departing from the overbought territory.
Stock Market Week Sept 08-12, 2025: The Roaring Comeback
The VN-Index extended its gains in the final session of the week, recovering all losses incurred during the week’s initial downturn with four consecutive rebound sessions. While the index staged a strong comeback, trading volume remained below the 20-day average, and persistent net selling pressure from foreign investors remains a concern in the near term.
“Swimming Against the Tide: The Real Estate Stock That Keeps Soaring”
In the last two trading sessions, SJ Group’s share price (SJS) has surged by over 11%.
Technical Analysis for 08/09: Testing the Short-Term Trendline
The VN-Index continued its downward trajectory, inching closer to the short-term trendline support, which coincides with the 1,615-1,625 range. Meanwhile, the HNX-Index dipped below the middle band of the Bollinger Bands indicator, signaling potential further volatility in the market.
