Market Session Overview
The October 29, 2026 trading session closed in red across all three major indices. VN-Index ended at 1,755.6 points, down 0.6%, with a trading volume of 637,062,831 shares. HNX-Index fell 1.3% to 256.6 points, while UPCOM-Index declined 1.3% to 124.1 points.
The market continued to fluctuate after the strong rally of previous sessions. Liquidity remained high in several leading stocks, but market breadth was clearly divided, with limit-up and near-ceiling stocks mixed alongside many deeply declining names.
Notable Stocks
On HOSE, the top gainers were SGN up 7.0%, BCE up 7.0%, COM up 6.8%, FDC up 6.7%, and BTT up 6.6%. On the other side, PVP fell 6.9%, HAS fell 6.9%, HII fell 6.9%, KOS fell 6.9%, and DTA fell 6.8%.
The most liquid stocks on HOSE remained HPG with 36.4 million shares, SHB with 24.4 million shares, TCB with 23.6 million shares, VIX with 23.0 million shares, and TPB with 21.7 million shares. Cash flow showed continued rotation into large-cap and financial stocks, even as widespread corrections took place across the market.
Sector Analysis
In the banking sector, SHB rose 0.5% on high liquidity, while TCB held its reference price, HDB fell 0.7%, TPB dropped 0.8%, and VPB declined 1.3%. The real estate group was mixed, with VIC flat, VHM down 2.2%, NVL down 1.4%, DXG down 1.1%, and KDH down 1.8%.
The industrial metals group showed a bright spot as HPG gained 2.2%, while NKG fell 0.4% and HSG rose 0.5%. In financial services, VND rose 1.1%, VCI was flat, while VIX dipped 0.4% and SSI fell 0.8%.
Noteworthy Technical Signals
Among the positive signals, VBB posted a composite score of 77.3 with RSI at 56, bullish MACD, and bullish EMA. BTT reached 74.7 points with RSI at 51, bullish MACD, and bullish EMA, while DTT reached 73.8 points with RSI at 52, bullish MACD, and bullish EMA.
The next group includes MWG with a composite score of 71.9 and DHA with 71.8 points, both showing technical structures that remain positive at a neutral level. These signals suggest opportunities still exist in individual stocks, even as the broader index corrects.
Short-Term Outlook
In the short term, the 1,755.6-point level on VN-Index will be a key level to watch closely. If buying demand fails to improve sufficiently, the market will likely continue to fluctuate around the short-term peak zone and remain divided by sector.
Conversely, if liquidity holds and cash flow returns to leading stocks in banking, steel, and financial services, the current correction could simply be a necessary pause following the prior rally. With HNX-Index and UPCOM-Index both down 1.3%, the overall outlook still leans toward caution in the sessions ahead.