Market Session Overview
On the 27/10/2026 session, the Vietnamese stock market continued to trade in a 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 strongly across sectors rather than concentrating on a single clear trend. The overall picture reflects high divergence, with many stocks surging sharply while several others suffered deep corrections.
Notable Stock Groups
On the positive side, the notable leading gainers on HOSE included COM up 6.9%, PLP up 6.8%, LDG up 6.6%, and VTB up 6.6%. VDP also rose 6.3%, highlighting the stock-specific nature of the divergence.
On the other side, the sharpest decliners included SRC down 7.0%, HAS down 6.9%, ASP down 6.8%, KOS down 6.8%, and TMT down 6.8%. The wide trading range shows that capital is selecting very quickly among stocks with their own individual stories.
| Symbol | 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 sector on HOSE continued to lead liquidity, with stocks such as VIX, SHB, TCB, and VPB among the most actively traded. However, price movements were not fully aligned, suggesting that selective pressure still dominates.
In other sectors, real estate, financial services, industrial goods, 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 clear enough overall trend to broaden its spread of gains.
Noteworthy 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, reflecting that some stocks still maintain positive technical structures even as the broader market moves within a narrow range.
On HNX, notable signals from SAF, AMC, VNC, VGP, and MAC show that divergence remains very high. On UPCOM, CMF, VLB, SAS, ABW, and POS remain 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 trade around the 1,761.87-point zone, with a probability of consolidation still in play. The nearest equilibrium level remains around 1,760 points, while volatility pressure will increase if cash flow fails to sustain 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 monitoring price action in liquidity-leading stocks and technical signals with high composite scores in the upcoming sessions.
The data is for analytical and informational purposes only; it does not constitute investment advice.