The rebound in securities stocks in late October 2026 quickly faded, with many tickers falling back to their lowest levels in a year. In 2025, VN-Index rose 40.87%, and over 60% of securities stocks gained, led by VIX (+139.84%), SHS (+90.35%) and VND (+59.24%). In 2026, many stocks fell sharply: TCX was down about 41%, VPX 35% and VCK 29% from their post-listing peaks; APG dropped 61.24% as its investment in KOS weighed on its proprietary trading portfolio, while VDS lost over 40%, SHS fell 38.3% and CTS 17.76%. The article flags risks from the margin lending race as interest rates stay high, raising the risk of forced margin sales. Mr. Bùi Văn Huy of FIDT proposes aggregating pledged loan balances by ticker and requiring immediate disclosure when major shareholders and insiders pledge shares.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Cổ phiếu chứng khoán trở lại guồng quay "sàng lọc"?
Read the original on Vietstock ↗
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brokeragesinterest ratesVietnam
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Related tickers and likely impact
HCM
• NeutralHo Chi Minh Securities
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Financial Services |
| Industry | Investment Services |
| Market cap | 31,761 bn VND |
| P/E | 26.9 |
| P/B | 2.19 |
| Close on 11/02/2026 | 23.15 |
| Change that session | -0.22% |
SSI
• NeutralSSI Securities
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Financial Services |
| Industry | Investment Services |
| Market cap | 56,575 bn VND |
| P/E | 12.7 |
| P/B | 1.45 |
| Close on 11/02/2026 | 18.85 |
| Change that session | -2.33% |
VCI
• NeutralVietcap
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Financial Services |
| Industry | Investment Services |
| Market cap | 21,259 bn VND |
| P/E | 15.2 |
| P/B | 1.25 |
| Close on 11/02/2026 | 18.45 |
| Change that session | -0.27% |
VND
• NeutralVNDIRECT
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Financial Services |
| Industry | Investment Services |
| Market cap | 19,942 bn VND |
| P/E | 9.5 |
| P/B | 0.92 |
| Close on 11/02/2026 | 13.10 |
| Change that session | -2.24% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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