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.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: VN-Index giảm 16 điểm sau khi tăng mạnh
Read the original on VnExpress ↗
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VNINDEXforeign investorsbanksVICVietnam
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Related tickers and likely impact
VNINDEX
• NeutralRelevance: low
| 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.
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