VN-Index fell sharply in the first two sessions of the 19-23/10 week, at one point dropping to the 1,670-point area, before rebounding on broader buying late in the week to finish up 68.24 points (4%) at 1,774.15. Foreign investors net bought in 2 mid-week sessions but were still net sellers of about VND 969 billion over the five sessions. Mr. Bui Van Huy, CEO of FIDT, believes the market has likely formed a short-term bottom, citing the State Bank's request that banks cut deposit rates for terms of 6 months or longer by at least 0.5% per year and lower lending rates for priority sectors by 1.5-2% per year, along with a P/E excluding Vingroup of below or around 10 times. He cautions, however, that the bottom is not yet sustainable given risks from the Fed, global inflation and domestic inflation (September CPI up more than 5% year on year). He suggests investors consider buying in stages on market pullbacks, limit margin use and watch infrastructure and public investment groups.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Góc nhìn chuyên gia: VN-Index đã tạo đáy ngắn hạn nhưng cần lưu ý rủi ro này
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VNINDEXinterest ratesState Bank of Vietnaminflationforeign investors
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Related tickers and likely impact
VNINDEX
▲ Likely positiveRelevance: medium
| Market | Vietnam stocks |
|---|---|
| Close on 10/23/2026 | 1,774.15 |
| Change that session | +0.77% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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