Trading Session Overview
At midday on October 16, 2026, the market maintained a positive trend across all three exchanges. The VN-Index stood at 1,705.2 points, up 0.4%, with liquidity reaching 263.6 million shares.
The HNX-Index rose 0.6% to 260.8 points, while the UPCOM-Index gained 1.3% to 125.7 points. This movement shows that money flow is still present, but its spread has not been truly even across stock groups.
On HOSE, liquidity remained heavily concentrated in SHB with 33.0 million shares, VIX with 17.3 million shares, TPB with 16.7 million shares, and HDB with 11.5 million shares. From a technical perspective, several stocks showed notable signs of recovery, including BSI, ORS, TCX, DMX, and TCB.
Notable Stock Groups
Strong price gains on HOSE continued to appear in several individual stocks. The top gainers included FIR at +7.0%, SJS at +6.9%, ADG at +6.9%, COM at +6.8%, and DCL at +6.7%.
On the other side, some stocks saw fairly sharp declines, such as KOS at -7.0%, PMG at -6.9%, BCE at -4.8%, CRE at -4.7%, and SVC at -4.5%. This reflects a clearly divided market, where opportunities exist but have not broadened across the board.
| Ticker | Performance |
|---|---|
| FIR | +7.0% |
| SJS | +6.9% |
| ADG | +6.9% |
| COM | +6.8% |
| DCL | +6.7% |
| KOS | -7.0% |
| PMG | -6.9% |
| BCE | -4.8% |
| CRE | -4.7% |
| SVC | -4.5% |
Sector Analysis
The banking sector remains the focal point of liquidity, with SHB, VIX, TPB, HDB, and TCB trading actively. Meanwhile, the financial services and real estate groups continued to show divergence between leading stocks and the rest.
In the pharmaceutical group, DCL stood out with a 6.7% gain, helping to broaden the market's price advance. Meanwhile, the retail, building materials, oil and gas, and technology groups all showed money rotation but have not yet formed a strong consensus.
On HNX, strong gainers such as PCE at +9.9%, SGH at +9.8%, PGS at +9.7%, HJS at +8.9%, and VHL at +7.0% indicated improved breadth in certain areas. UPCOM also recorded notable movements, with NOS, LCM, and QBS all hitting the 20.0% ceiling price.
Outlook
In the short term, the VN-Index continues to hold a positive price base around the 1,705.2-point level, but the high degree of divergence suggests the market has not yet entered a phase of consensus-driven breakout. The 1,700-point level remains an important psychological benchmark, while volatility pressure could emerge if liquidity fails to stay stable.
Investors should keep monitoring the performance of large-liquidity stocks and those showing strong technical signals, such as BSI, ORS, TCX, DMX, and TCB. If money flow expands into more sectors, the current recovery could be strengthened more clearly in the coming sessions.