Stock market morning of October 30: Selling pressure increased, VN-Index lost nearly 12 points

After a short period of opening in green, VN-Index quickly reversed due to increased selling pressure, especially when the market had just experienced two consecutive recovery sessions.

Illustration photo: Hai Yen/Tin Tuc and Dan Toc Newspaper

Stocks in the VN30 basket fell sharply, especially those belonging to Vingroup Corporation (VIC, VHM, VRE), causing the VN-Index to fall close to the 1,670 point mark at times.

At the end of the morning session on October 30, VN-Index decreased by 11.98 points to 1,678.85 points. Trading volume reached more than 364.2 million shares, equivalent to more than VND 11,035.6 billion. The entire floor had 118 stocks increasing in price, 184 stocks decreasing in price and 49 stocks remaining unchanged.

On the Hanoi Stock Exchange, the HNX-Index increased by 0.56 points to 268.6 points, with a trading volume of more than 37.6 million shares, worth nearly VND826 billion; 55 codes increased, 73 codes decreased and 50 codes remained unchanged. The UPCOM-Index increased by 0.99 points to 113.63 points, with a trading volume of more than 19.9 million shares, worth more than VND326.6 billion; 109 codes increased, 85 codes decreased and 72 codes remained unchanged.

Strong selling pressure caused red to spread across many stock groups. In the banking group, only 7 stocks increased and 2 stocks remained unchanged, while 18 stocks decreased. In the VN30 basket, 20 stocks decreased and only 10 stocks increased. Notably, VIC decreased by 3.77%, VRE decreased by 3.62%, negatively affecting the market. The securities and oil and gas groups were also in red.

The market recorded 4 industries decreasing by more than 1%, including real estate, financial services, entertainment media and pharmaceuticals.

This morning's session took place on the last day of the third quarter 2025 financial report announcement, when many large enterprises recorded positive results. However, the phenomenon of "selling on news" reappeared, putting the market under obvious profit-taking pressure.

Total market liquidity reached VND12,200 billion; of which HOSE alone reached more than VND11,000 billion - lower than the average level of recent sessions. Foreign investors also narrowed their trading, buying more than VND1,100 billion but selling nearly VND2,100 billion. Thus, foreign investors net sold nearly VND924 billion this morning.

Although profit-taking pressure caused the VN-Index to correct after two sessions of recovery, analysts said this was a normal development in the market's movement. The decline was mainly technical as many pillar stocks had increased rapidly before.

Liquidity remains stable and the differentiation between industry groups shows that cash flow is still present, just temporarily more cautious.

Source: https://baotintuc.vn/kinh-te/chung-khoan-sang-3010-ap-luc-ban-gia-tang-vnindex-mat-gan-12-diem-20251030123215902.htm