Trading Session Overview

The mid-session market on October 22 showed gains across all three exchanges, with VNINDEX rising 1.2% to 1,759.8 points on matched volume of 274.2 million shares. This move suggests buying pressure still holds the upper hand, although the divergence between stock groups remains quite clear.

VN-Index chart

Market breadth leaned positive, with many notable advancing stocks on HOSE, HNX, and UPCOM. However, alongside the strongly breaking-out stocks, several shares still corrected deeply, indicating that cash flow has not spread evenly.

Notable Stock Groups

On HOSE, the stocks leading the rally were VTB (+7.0%), PET (+6.9%), and SMA (+6.8%). Conversely, some stocks fell sharply, including COM (-6.9%), TCR (-6.9%), and KOS (-6.9%), showing that profit-taking pressure remains present in certain individual stocks.

TickerChangeVolume
VTB+7.0%2,400
PET+6.9%1.1 million
SMA+6.8%1,000
COM-6.9%1,000
TCR-6.9%6,200
KOS-6.9%138,300

HOSE liquidity was concentrated in TPB with 20.2 million shares, followed by VSC at 14.3 million and VIX at 13.8 million shares. These were the stocks that attracted the largest cash flows during the session, reflecting a high level of investor participation.

Sector Analysis

Heatmap

The real estate group traded positively, with VHM up 4.5%, VIC up 5.0%, and HDC up 4.9%. In financial services, TCX gained 2.1%, while SSI dipped 0.5% and VIX was roughly flat.

The industrial goods group saw VSC rise 1.7% and GMD rise 0.5%. Meanwhile, the retail group diverged sharply, with PET up 6.9% but MWG down 0.8% and DGW down 0.3%.

In the remaining sectors, technology stock FPT was roughly flat, while oil and gas and banking stocks generally moved only slightly. This suggests cash flow is concentrating in a few hot spots rather than spreading across the entire market.

Outlook

Given the current position, VNINDEX is maintaining a positive trend within the session, but the degree of divergence remains a key point to watch. If liquidity continues to hold in the leading stocks and breadth does not weaken, the index could sustain its upward momentum for the rest of the session.

Conversely, if selling pressure increases in the overheated gainers, the market could experience short-term volatility. Investors should keep monitoring the performance of high-liquidity groups and how the index reacts around current price levels.

This data is for analytical and informational purposes only; it does not constitute investment advice.