Bank stocks will dominate the market.

The stock market rose from the start of the session as dozens of banking stocks and several large-cap stocks simultaneously increased in price. This bullish momentum continued throughout the morning session, pushing the VN Index towards the 1,290-1,300 point resistance level. Foreign investors also aligned with domestic investors, returning to net buying.

However, selling pressure emerged in the early afternoon, causing the market to gradually decline. The prices of many bank stocks fell into negative territory, and this trend spread to many other stocks.

You may also like

With a surge of capital, Vietnamese stocks set new records on the 25th anniversary of the market's establishment.The VN-Index rose nearly 19 points this morning, setting a new record for the Vietnamese stock market. Simultaneously, it recorded unprecedented liquidity, with nearly 30,000 billion VND flowing into the market by the end of the morning session.

Stock market trend on July 1st: Take advantage of market fluctuations to gradually increase your portfolio weight.SKĐS - CSI Securities suggests that investors can take advantage of the fluctuations in the Vietnamese stock market (VN-Index) to gradually increase their holdings of stocks that had an exploratory buying advantage earlier.

SHB enhances customer protection with a feature that alerts users to accounts suspected of fraud.From July 1st, 2026, Saigon - Hanoi Commercial Joint Stock Bank (SHB) officially launched the "Alert feature for accounts receiving funds with suspicious signs of fraud or scams" on its electronic transaction channels, contributing to enhanced transaction security and supporting customers in proactively preventing risks in the context of increasingly sophisticated forms of financial fraud and scams.

Notable declines in bank stocks include: TCB (-0.4%), STB (-1.6%), MSB (-1.5%), MBB (-0.3%), ACB (-0.2%), VIB (-0.5%), TPB (-0.8%),SHB (-0.4%)…

Some stock brokers say that recently, banking sector stocks have risen quite a bit. Therefore, in the past 2-3 trading sessions, short-term investors have sold off some stocks in this sector to take profits, significantly impacting the market trend.

However, VCBS Securities Company believes that the selling pressure on bank stocks and many other stocks is not yet too strong. Meanwhile, demand remains present, so the market is somewhat balanced.

As a result, on October 10th, the VN-Index still increased by 4.5 points, closing at 1,286 points.

United States - Vietnam: Don't miss

The Ministry of Foreign Affairs received a copy of the Letter of Credence for the U.S. Ambassador to Vietnam.On the afternoon of July 2nd, at the Ministry of Foreign Affairs headquarters, Mr. Le Cong Dung, Director of the State Protocol and Foreign Interpretation Department, received a copy of the Letter of Credence from Ms. Jennifer Wicks, Ambassador of the United States of America to Vietnam.

Ambassador Nguyen Quoc Dung visits and works in Minnesota, USA.From June 28-30, the Vietnamese Ambassador to the United States, Nguyen Quoc Dung, paid a visit and worked in Minnesota.

Vietnam encourages US businesses to expand investment in high technology.On the morning of June 26th, at the Government Headquarters, Deputy Prime Minister Ho Quoc Dung received Mr. Jeff Place, Supply Chain Director of Coherent Group (USA). During the meeting, the Deputy Prime Minister affirmed that Vietnam encourages US businesses to expand investment, especially in high-tech, innovation, and semiconductor industries.

Given the current market conditions, VCBS Securities recommends that investors take advantage of price fluctuations to increase their holdings of stocks that have just entered an upward trend in the transportation, port, and oil and gas sectors, while also taking profits on some stocks that have reached their profit targets.

Source: https://nld.com.vn/chung-khoan-ngay-mai-11-10-giu-tru-de-keo-xa-co-phieu-196241010164544657.htm