Market Session Overview
On the session of 27/10/2026, the Vietnamese stock market continued to trade in a choppy, tug-of-war state. VNINDEX closed at 1,761.87 points, down 0.10%, while HNXINDEX rose 0.07% to 259.50 points and UPCOMINDEX slipped 0.15% to 126.09 points.
Liquidity on HOSE remained high at 631,689,544 shares, indicating that capital continued to rotate actively across industry groups rather than concentrating in one clear trend. The overall picture reflected high divergence, with many stocks rising sharply while some others saw deep corrections.

Notable Stock Groups
On the positive side, the notable leaders driving the uptrend on HOSE included COM, up 6.9%, PLP, up 6.8%, LDG, up 6.6%, and VTB, up 6.6%. VDP also gained 6.3%, highlighting the stock-by-stock divergence.
On the other side, the sharpest decliners were SRC, down 7.0%, HAS, down 6.9%, ASP, down 6.8%, KOS, down 6.8%, and TMT, down 6.8%. The wide price swings showed that capital was selecting very quickly among stocks with their own individual stories.
| Ticker | Change | Liquidity |
|---|---|---|
| COM | +6.9% | 13,240,000 |
| PLP | +6.8% | 241,700 |
| LDG | +6.6% | 1,906,700 |
| SRC | -7.0% | 800 |
| HAS | -6.9% | 100 |
| ASP | -6.8% | 531,900 |
Sector Analysis
The banking group on HOSE generally continued to lead liquidity, with stocks such as VIX, SHB, TCB and VPB among the most actively traded. Even so, price movements were not fully aligned, suggesting that selective pressure still dominated.
In other sectors, real estate, financial services, industrials, technology and retail all saw a mix of sharply rising and falling stocks. This reinforces the view that the market is in a phase of divergent accumulation, without a common trend clear enough to broaden its spread of gains.

Notable Technical Signals
Among technical signals, the stocks with the highest composite scores were VBB at 77.3, DTT at 71.9 and ADP at 71.9. In addition, HAH reached 71.3 and SMB reached 70.8, showing that some stocks maintained positive technical structures even as the broader market moved within a narrow range.
On HNX, notable signals such as SAF, AMC, VNC, VGP and MAC indicated that divergence remained very high. On UPCOM, CMF, VLB, SAS, ABW and POS remained stocks of interest based on composite scores.
HNX and UPCOM
HNXINDEX edged up to 259.50 points thanks to a more balanced market breadth, while UPCOMINDEX dipped slightly to 126.09 points due to pressure on several highly volatile stocks. On HNX, the strongest gainers included CAR, up 10.0%, VNT, up 9.9%, SDN, up 9.7%, CTB, up 9.5%, and MAC, up 8.7%.
On UPCOM, the divergence is clear: DNN rose 14.9%, YBC rose 14.8%, DNL rose 14.7%, HSM rose 14.5%, and VUA rose 14.5%; conversely, FTI fell 32.4%, CFV fell 14.9%, PJS fell 14.9%, EFI fell 14.8%, and DSP fell 14.8%.
Outlook and Risks
In the short term, VNINDEX continues to move around the 1,761.87-point zone, with a probability of consolidation still in play. The nearest equilibrium level remains the area around 1,760 points, while volatility pressure will increase if cash flow fails to sustain its rotation across leading sectors.
Notably, liquidity remains sufficient to support trading, but the high degree of divergence raises the risk of picking the wrong stock. Investors should continue to monitor price action in liquidity-leading stocks and technical signals with high composite scores in the coming sessions.
The data is for analytical and informational purposes only and does not constitute investment advice.
