[Market Radar] - VIN stocks led the market rally
13/10/2025

Summary

▶ Despite the negative developments in the world market, VN-Index continued its strong increase in the commencing trading session of the week with an increase of more than 17 points. Although opening in red, the market was quickly pulled up thanks to the strong support of VIC, which alone contributed nearly 12 points to the market's score. Liquidity improved to beyond the 20-session average with the matched-transaction value increasing to VND 44 trillion on HOSE.

▶ At the end of the trading session, the VN-Index recorded an increase of 17.57 points (+1.01%), reaching 1,765.12 points; HNX-Index increased by 1.73 points (+0.63%), reaching 275.35 points. Market liquidity improved to VND 48.7 trillion, equivalent to 1.5 billion shares traded. Foreign investors continued to net sell VND 1,242 billion during the session, with the largest net selling value concentrated in stocks including HPG, VRE and VHM. On the other hand, VIC, SHB and VNM were the typical net-bought stocks.

▶ Technical perspective: VN-index opened with a gap down at the beginning of the session due to the influence of weekend news, however, the market quickly rebounded and closed at the highest level of the day at 1,756 points. Trading liquidity was better than the 20-session average, showing good domestic buying power, although the VN-index was under strong net selling pressure from foreign investors. The market continued to maintain its uptrend and aimed to conquer the 1,800-point threshold. However, the index may retest the important resistance level of 1,700 before reaching new highs.

In the positive case: The index moves towards 1,750 - 1,800 points. Increased liquidity in the same direction as the index will reinforce the uptrend of the market.

In the negative case: The market faces profit-taking pressure after the upgrade news is announced, the amplitude of the falling sessions is large and breaks the short-term support zone of 1,600 points. If this level is broken, the market is likely to retest the 1,500-1,550 point zone (this is also the old peak of the market in 2022).

Strategy:  In the positive case when VN-Index successfully tests and maintains 1,700, investors can increase the stock proportion for the upcoming uptrend. In case the index fails to test the 1,700 mark, the market returns to the 1,500-1,550 point range, there will be a clearer buying opportunity for the medium-term position. In this case, investors can disburse more, focusing on groups of stocks with many driving forces such as benefiting from upgrading, strong business growth results; or lower valuation levels compared to the general market.

 

Category
Daily
Author
Nhi Nguyen
Details

Page: 5

Lauguage:

File format: pdf

Size: 8.56 MB