In the first session of November, the VNIndex lost 30.9 points (-1.77%) to 1,710.72 points, and 24 of 28 banking stocks closed lower. VPB of VPBank fell the most (-6.1%), while NVB of National Citizen Bank (NCB) was the only bank stock to rise, gaining 5% to VND 14,700 per share. NCB reported pre-tax profit of VND 1,574 billion for the first nine months, up 140.6%, and total assets of nearly VND 238,221 billion at end-Q3, up 46% from end-2025, with the bank exceeding all its 2026 targets after just nine months. Foreign investors were net sellers, including VND 181 billion of MBB, VND 155 billion of VCB, VND 117 billion of ACB and VND 105 billion of STB.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Một cổ phiếu ngân hàng tăng 5% trong phiên đỏ lửa ngày 2/11
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Related tickers and likely impact
VNINDEX
▼ Likely negativeRelevance: medium
| Market | Vietnam stocks |
|---|---|
| Close on 11/02/2026 | 1,710.72 |
| Change that session | -1.77% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Four bank stocks sold off by foreign investors worth VND560 billion as VN-Index lost 31 points
Vietnam's stock market fell sharply in the first session of the week, with the VN-Index losing 31 points to close at 1,711 points as selling pressure built up toward the close. Liquidity on HoSE remained low, with matched value at about VND 15,900 billion. Foreign investors net sold VND 453 billion across the market, including VND 523 billion on HoSE, where MBB saw the largest net selling at nearly VND 182 billion, followed by VCB at about VND 155 billion, ACB over VND 118 billion and STB about VND 106 billion. In contrast, MSN led net buying on HoSE at about VND 90 billion, while on HNX foreigners net bought VND 71 billion and UPCoM saw net selling of VND 1 billion.
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The market stayed in negative territory at midday on 2/11: VN-Index fell nearly 16 points (-0.9%) to 1,725.92 points, and HNX-Index dropped 1.08% to 250.02 points, with 503 stocks declining against 13 advancing. Morning trading value on HOSE reached nearly 7 trillion VND, up 27.93% from the last session of the previous week. Banks were the main drag, with VCB, VPB, BID and TCB together removing 6.63 points from the index, as investors grew cautious over a possible narrowing of banks' net interest margins (NIM). Real estate was the only sector in the green (+0.73%), driven mainly by VIC and VHM, while information technology fell 3.63%. Foreign investors net sold 472.64 billion VND across the three exchanges, mainly ACB and FPT.
- Market Pulse 02/11: Banks Plunge Sharply, VIC and VHM Slow VN-Index's Fall
VN-Index traded around 1,727.06 points, down over 12 points from the reference and 3.17 points from the 9:30 level, as breadth on HOSE tilted sharply toward declines with 241 decliners versus 48 advancers. Matched liquidity reached about 3,871 billion VND, roughly four times the level at 9:30. Banks led liquidity with over 1,266 billion VND as prices fell broadly, with VCB, TCB and ACB down between 2.13% and 3.10%. Investors were cautious about the risk of narrowing banks' net interest margins (NIM), while the real estate group drew about 655 billion VND, with VIC and VHM rising modestly and helping cushion the index. Foreign investors net sold over 326 billion VND, up from over 63 billion VND at 9:30, with selling concentrated in ACB, FPT, VPB and VCB.
- Top notable stocks at the open on 02/11
The article recaps domestic and international financial news from the past weekend ahead of this trading session. Kosy (HOSE: KOS) shares hit the daily ceiling on 30/10, rising to VND 4,060 per share and ending a streak of 29 consecutive sessions at the floor since 21/09. Renewed selling pushed the VN-Index down more than 32.5 points in the last week of October, with the banking group leading the decline. Foreign investors extended their net selling to a sixth straight session on 30/10, with net sales of VND 647 billion. The State Securities Commission fined three individuals a total of VND 4.5 billion for manipulating KDC shares using 61 securities accounts.
- Stocks Face Challenges in November: Where Will Cash Flow Find Opportunities?
VN-Index fell 32.53 points (1.83%) in the last week of October to 1,741.62, after four down sessions, while HNX-Index dropped 1.48% to 252.74, and liquidity declined on both exchanges. Cash flow has become more selective and concentrated in a few stocks with their own stories, while foreign investors continued net selling. CSI Securities expects VN-Index to fill the gap around 1,740 points, while TPS believes the short-term uptrend has not been broken. Banks are seen as a key support, with TCB, HDB, VPB, CTG and TPB among the stocks some experts highlight for November. Circular 145/2026/TT-BTC takes effect on November 16, 2026, and requires collateral for securities loans of at least 110% of the loan value.
- KOS Stock Breaks Free From Floor Price
Renewed selling pushed the VN-Index down more than 32.5 points in the last week of October, with banks leading the decline. Foreign investors were net sellers for a sixth straight session on October 30, at VND 647 billion. After 29 consecutive sessions at the floor price, KOS shares reversed to hit the ceiling price in the morning session of October 30, with record liquidity of over 74 million units. The article also notes that VSDC plans to bring a central counterparty (CCP) mechanism into operation for the underlying stock market in Q1 2027, and that the State Securities Commission fined three individuals a total of VND 4.5 billion for manipulating KDC shares through 61 securities accounts. DatVietVAC reported consolidated after-tax profit of VND 246 billion for the first nine months of 2026, up nearly 6% year on year.
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