Trading Session Overview
The 13/10/2026 session closed with a choppy performance across all three exchanges, as the VN-Index ended at 1,719.4 points, down 0.1%. Market-wide liquidity remained high, but breadth tilted toward a divergent pattern, suggesting that capital continued to rotate quickly between stock groups rather than forming a clear, unified trend.
On HOSE, the index at times hovered near its short-term peak, but profit-taking pressure across many stock groups narrowed the upward momentum. The HNX-Index slipped to 264.3 points, down 0.2%, while the UPCOM-Index fell more sharply to 123.9 points, equivalent to -0.7%.
Market Breadth and Liquidity
Breadth on HOSE showed a fairly clear divergence: while several standout gainers broke out, a considerable number of stocks also declined sharply. In terms of liquidity, leading names such as SHB with 49.5 million shares, HDB with 33.8 million shares, and TCB with 23.2 million shares continued to show strong capital inflows into large-cap stocks.
However, liquidity concentrated in a handful of individual stocks rather than spreading evenly across the market is a sign that the trend has not yet become truly sustainable. As a result, intraday rallies remained vulnerable to being pulled back by supply pressure at elevated price levels.
Notable Stock Groups
| Group | Ticker | Change |
|---|---|---|
| Strong gainers | TNC | +7.0% |
| Strong gainers | TPC | +6.9% |
| Strong gainers | NAV | +6.9% |
| Strong decliners | KOS | -7.0% |
| Strong decliners | TCR | -6.8% |
| Strong decliners | SRF | -5.9% |
On the positive side, TNC, TPC and NAV were the three notable top gainers on HOSE, all closing near their daily ceiling. Conversely, KOS, TCR and SRF faced the heaviest corrective pressure during the session, highlighting the wide divergence between stock groups.
Sector Analysis
The banking sector remained the focal point of liquidity, with HDB, TCB and SHB attracting strong trading activity. Real estate also showed signs of divergence, as VIC and VHM held in the green, while NVL was nearly flat and several other names came under corrective pressure.
In consumer and retail, selling pressure was fairly evident as many large names in the sector lost ground. Meanwhile, the personal goods group stood out with a strong rally in PNJ, which helped partially support market sentiment during the rebounds.
Technical Signals and Stocks to Watch
From a technical standpoint, a number of stocks are maintaining a more constructive structure than the rest of the market. DMX stood out with a composite score of 76.6, an oversold RSI reading, and a MACD that turned positive; followed by PVT at 72.6 points and DVP at 71.6 points.
These signals suggest there remains room for short-term recovery in individual stocks, but the overall market consensus is not yet strong enough to confirm a broad uptrend. Selecting stocks based on capital flows and technical structure remains the most important factor in the current environment.
HNX and UPCOM
On HNX, strongly rising stocks such as THD (+10.0%), CAR (+9.9%) and HTC (+9.9%) stood in sharp contrast to deeply declining ones like NBW (-10.0%), DNC (-10.0%) and HGM (-10.0%). Notable liquidity was concentrated in SHS, CEO and NVB, indicating that money flow remains present but is leaning toward selectivity.
On UPCOM, price swings were even wider, with BLN surging as much as 39.3% and HUG rising 14.8%, while CPA fell 39.5% and PLE dropped 35.0%. This reflects high localized risk and very strong divergence among small-cap stocks.
Outlook for the Next Session
In the short term, the area around 1,719 points on the VN-Index remains a level to watch closely. If money flow continues to concentrate in leading groups and does not expand into other sectors, the market is likely to keep fluctuating strongly within a narrow range, with pronounced divergences.
From a technical standpoint, the index's nearby support zone needs to hold to limit the risk of deeper volatility, while resistance levels above will be key measures of whether the rebound can be sustained. Investors should prioritize monitoring whether liquidity spreads and how banking, real estate, consumer goods and oil and gas stocks perform in the coming sessions.
The data is for analytical and informational purposes only; it does not constitute investment advice.