Market Overview Before the Session
The market entered the October 26 session in a positive probing mode after a strong rally the previous week. The VN-Index closed at 1,774.2 points, up 0.8%, while the HNX-Index reached 262.7 points, up 0.6%. The UPCOM-Index held at 126.3 points, flat compared with the previous session.
Liquidity remains a key factor to watch closely during the morning session. Last week's capital flows continued to favor the banking sector and leading large-cap stocks, with the gains in STB and support from VIC remaining two notable pillars for the index.
Notable Stock Groups
Among the strong gainers on the HOSE, STB rose 6.9%, VCA rose 7.0%, and VSI rose 7.0%. These stocks continued to create a positive psychological effect, especially as overall market liquidity remained at a fairly healthy level.
On the other side, several stocks faced significant corrective pressure, including SVD, down 7.0%, VCF, down 7.0%, and HRC, down 6.8%. This development shows that divergence remains very clear, particularly among stocks that have experienced sharp volatility in a short period.
| Ticker | Performance | Note |
|---|---|---|
| STB | +6.9% | Led by the banking sector |
| VCA | +7.0% | Strong gainers group |
| VSI | +7.0% | Strong gainers group |
| SVD | -7.0% | Heavy selling pressure |
| VCF | -7.0% | Deep correction |
| HRC | -6.8% | Deep correction |
Liquidity and Technical Signals
In terms of HOSE liquidity, the most actively traded stocks were SHB with 41.4 million shares, ACB with 41.0 million shares, and VIX with 39.9 million shares. This group clearly reflects the rotation of capital as the market approaches its short-term peak zone.
Notable technical signals continued to lean positive. CMF posted a composite score of 85.4, followed by VLB at 78.2, VNZ at 77.3, SAS at 76.9, and ADP at 76.4. However, for some stocks that have risen sharply, short-term volatility may still emerge as profit-taking pressure increases.
HNX and UPCOM
On the HNX, notable liquidity was concentrated in SHS with 13.1 million shares and CEO with 6.5 million shares. This suggests that capital continues to seek opportunities in stocks with high sensitivity to the broader market.
On the UPCOM, the leaders were DCT and PXM, both up 33.3%, followed by ACM and FTM, both up 25.0%. The strong breakouts in this group further reinforce the very high level of divergence among stock groups across the market.
Outlook Before the Session
The high-probability scenario is that the market opens in a positive probing state, fluctuating around its short-term peak zone. The 1,780-1,785 point range of the VN-Index remains a nearby resistance area to watch, while the 235,600-238,500 zone of VIC remains the key level that will determine whether the upward movement continues.
The main risk lies in strong divergence and corrective pressure on stocks that have risen sharply. If liquidity remains strong, the likelihood of the index retesting nearby resistance will be higher than in a scenario of deep correction.
This data is for analytical and informational purposes only; it is not investment advice.