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Original headline: Vietstock Daily 20/10/2026: Sóng gió chưa qua
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VNINDEXVietnamforeign investors
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Related tickers and likely impact
VNINDEX
▼ Likely negativeRelevance: medium
| Market | Vietnam stocks |
|---|---|
| Close on 10/19/2026 | 1,689.84 |
| Change that session | -0.94% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- VN-Index drops 16 points after strong rally
VN-Index reversed from a strong early rally to close 16 points lower in the first session of the week, finishing below 1,690 points, its lowest in nearly 3 months and more than 12% below its record high of 1,927 points. Selling pressure focused on banks, with VIC down nearly 4% and pulling the index down more than 13 points, while oil and gas stocks such as PVT, BSR and GAS rose about 1-2% and helped limit the decline. Liquidity reached over VND 13,000 billion, and foreign investors extended their net selling to 19 consecutive sessions, buying about VND 1,400 billion against sales of about VND 2,200 billion. MBS said seasonality is driving the market, as October has historically been the weakest period of the year, and Q3 earnings may not be enough to create a broad ripple effect. TPS sees the index nearing long-term support around 1,685 points, with any sustained recovery depending on improved liquidity.
- Expert: Stocks May See a Technical Rebound Next Week
VN-Index closed the week at 1,705.91 points, down 1.58% from the previous week. Analysts expect further technical rebounds next week, but say this is not yet enough to confirm a bottom: 1,680–1,700 points is seen as nearby support and 1,715–1,750 points as resistance. Views differ on the next move: KBS warns the index could retest 1,650–1,670 points if selling by blue chips and foreign investors continues, while AseanSC says it must clear 1,715–1,735 points to confirm a bottom. The article suggests investors keep moderate exposure and watch liquidity and the Q3 reporting season, with the disclosure deadline on October 20.
- Blue-chip stocks disappoint as VN-Index falls below 1,700 points again
VN-Index reversed and fell more than 16 points, or 0.94%, to 1,689 points on October 19, losing the 1,700-point psychological level after briefly topping 1,721 earlier in the session. Pressure came mainly from large caps: VIC fell 3.72% to VND 207,000 per share, taking more than 13 points off the index, while VHM dropped 1.15% to VND 60,300. VCB, VPB and HPG also weighed on the index. Advancers still outnumbered decliners on HoSE, but real estate fell 2.51% and FPT lost 1.89%, while energy rose 1.22%. Trading value reached VND 13,354 billion. Foreign investors were net sellers of about VND 852 billion, led by VCB with over VND 103 billion, while FRT drew net buying of about VND 151 billion.
- October 19 session: Foreign investors continue net selling of VND 850 billion, which stocks were dumped the most?
The VN-Index reversed to close down 16 points at 1,690 points on October 19 after a weak open, with HoSE matched value at only VND 11,400 billion. Foreign investors extended their selling, with net sales of VND 850 billion across the market, including VND 800 billion on HoSE, VND 46 billion on HNX and VND 7 billion on UPCoM. On HoSE, FRT led net buying at about VND 151 billion, while VCB topped net selling at about VND 104 billion, followed by VHM at about VND 102 billion and ACB at nearly VND 93 billion. On HNX, NVB was the biggest net-bought stock at about VND 1.4 billion, while CEO led net selling at about VND 18 billion.
- Stock market awaits boost from trading infrastructure
SGI Capital says Vietnam's macro picture after the first three quarters of 2026 still shows bright spots, but the stock market enters the fourth quarter facing two risks: policy pressure and liquidity risk from margin leverage. After the FTSE upgrade, trading liquidity fell below VND 15,000 billion per session and foreign investors turned to heavy net selling, driven by fears of rising global inflation and interest rates. Margin debt at a historically high level is seen as a risk that could trigger forced-sale pressure as cash demand rises in the fourth quarter. Longer term, Circular 145/2026/TT-BTC, effective 16/11/2026, introduces CCP clearing and removes the 100% cash pre-funding (NPF) requirement for foreign institutional investors, which Hàn Hữu Hậu, CEO of Hy Maxpro, called an important upgrade.
- Top stocks to watch at the open on 19/10
On 16/10, HOSE moved PLP shares of CTCP Sản xuất và Công nghệ Nhựa Pha Lê from the control list to the trading restriction list. During 12-16/10, the VN-Index lost more than 29 points, with VIC and VHM the biggest drags, while the HNX-Index also declined. The VN-Index rebounded 7.56 points on 16/10 after seven straight losing sessions, but liquidity was weak. On 15/10, foreign investors and securities firms' proprietary trading together net sold over 926 billion VND, while VPB drew net buying of over 218 billion VND. The article also notes that 21 of 22 tracked construction and building-materials stocks have fallen since the start of 2026, against sector growth, and that TCBS (HOSE: TCX) reported Q3/2026 results with quarterly pre-tax profit at a high level.
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