Stock Market Perspective Week 13-17/10: Filtering opportunities based on third quarter business results

The stock market had a historic trading week when the Vietnamese market was upgraded from a frontier market to a secondary emerging market by FTSE Russell. In addition to the high growth momentum of the economy , the VN-Index ended the week with a strong increase of 6.18%, surpassing the peak of September 2025 to 1,747.55 points, aiming for the price range of 1,750 points - 1,800 points. Meanwhile, the VN30 ended the week with a increase of 6.51% to 1,980.57 points, surpassing the peak of September 2025, aiming for the price range of 2,000 points.

Market breadth is positive across all sectors. Real estate stocks stand out with strong representation in leading stocks, followed by steel, securities, retail, banking, oil and gas..., in addition to some sectors with less positive developments compared to the general market such as textiles, insurance...

Liquidity increased after 3 consecutive weeks of decline, with trading volume on HoSE increasing 17.4% compared to the previous week, averaging 970 million shares/session. This shows that cash flow has improved well after a period of adjustment and accumulation. Market sentiment is optimistic due to positive information and prospects. Foreign investors continued to net sell for the 12th consecutive week, with a value of -5,046 billion VND on HoSE last week.

After a week of strong index growth, securities companies have given their opinions and suggested investment strategies for the following week (October 13 - October 17, 2025).

AseanSC: Upward momentum maintained in the short term but fluctuations may soon return

From a technical perspective, VN-Index formed a Bullish Marubozu candle on the weekly chart, breaking out of the accumulation base that lasted for more than a month. Trading volume reached 4.85 billion units, an improvement compared to the liquidity base of the previous 2 weeks. AseanSC believes that VN-Index can maintain its upward momentum in the short term, but fluctuations may soon return due to the pull-back state that may occur after the index surpasses the old peak. The index's near support is the 1,700 - 1,720 point threshold while the near resistance is the 1,760 - 1,780 point area.

For short-term trading, investors holding stocks should maintain their current positions in stocks with safe capital values and moving in a short-term uptrend. Meanwhile, investors with a large cash ratio can wait for the buying point to fluctuate and adjust in groups of stocks that benefit from loose macroeconomic policies and positive business results in the third quarter of 2025...

With the long-term buy and hold school, increasing the proportion should only be done when the market appears to decline, prioritizing observing the leading stocks and maintaining the profit growth prospect in the period 2025 - 2026.

VCBS: Note on banking stocks, public investment - construction, retail

VN-Index ended the weekend session with a white Marubozu candle and increased by more than 31 points thanks to strong momentum from Vingroup stocks. On the daily chart, the general index moved above the Tenkan line of the Ichimoku cloud and headed up, while the MACD and RSI indicators were both moving up, contributing to strengthening the market's uptrend. With the improvement of active buying liquidity in recent sessions, it is expected that VN-Index will continue to conquer higher points next week.

On the hourly chart, the general index sticks to the upper border of the Bollinger band and points upwards, the +DI and ADX lines are in agreement and anchored in the high zone above 25. Currently, key indicators such as RSI and CMF continue to move upwards, thereby reinforcing the short-term uptrend of VN-Index.

VN-Index recorded an impressive week of gains led by blue-chip stocks. However, the momentum in the large-cap group has not yet spread strongly to the market as most stocks are still moving sideways, accumulating or retesting support zones. Accordingly, cash flow is also diverging with 177 green codes and 125 red codes.

VCBS recommends that investors can maintain or consider increasing the proportion of available codes in the portfolio when these codes show convincing signs of overcoming resistance; at the same time, investors should take advantage of the movement of cash flow in the market, select and disburse with the goal of short-term investment in stocks in the group that are attracting the attention of cash flow with clear signs of increasing active buying liquidity. Some industry groups that should be noted at this time include Banking, Public Investment - Construction, Retail.

SHS: Aiming for business results in the third quarter and the end of 2025

The market just had a trading week with a historical highlight: FTSE Russell announced that the Vietnamese market has been officially upgraded from a frontier market to a secondary emerging market, effective from September 21, 2026. In addition to the information of high GDP growth in the third quarter, the expectation of GDP growth for the whole year of 2025 is over 8%. This is the highlight and turning point of the Vietnamese economy as well as the stock market.

Investors are optimistic again after the accumulation period, cash flow has improved and they have begun to selectively increase their focus on new investment opportunities, based on reasonable valuations and expected good growth in Q3 business results.

Investors can consider increasing their investment proportion based on the growth prospects of business results in the third quarter and the end of 2025. The investment target is for stocks with good fundamentals, leading in strategic industries, and outstanding growth of the economy.

PHS: Consider buying with moderate proportion

VN-Index closed the week with a positive trading pattern of Marubozu candlestick, officially conquering the psychological resistance of 1,700 points. Liquidity also improved in agreement with the buying trend. However, the RSI indicator is approaching the overbought level, and the 1,750 - 1,760 area is also a near resistance in the upward direction. Movement may slow down and return to fluctuate around the 1,740 mark (+/-15 points) to further consolidate momentum.

For HNX-Index, the index still had difficulty in breaking out and fell back to red. However, the MACD indicator improved, supporting the recovery trend. The movement is consolidating around the 272 - 276 point threshold with the goal of conquering the 280 point barrier.

PHS believes that, with the strategy next week, the buying direction can be considered with a moderate proportion, however, because the market is close to the resistance, take advantage of the cooling state during the session. Continue to prioritize the upper channel trading group (above MA20 days). For the average - weak stock subclass, needing more consensus signals to exit the correction channel will give a more optimal entry point. Prominent industry groups, such as banking, consumption, public investment.

TPS: Indicators support the uptrend

In the last trading session of the week, VN-Index maintained its upward momentum with liquidity remaining above the 20-session average, a consensus increasing signal showing investors' optimistic sentiment.

From a technical analysis perspective, the VN-Index chart has broken out of the symmetrical triangle pattern, thus the VN-Index has the potential to move towards the theoretical minimum target score of 1,776 (+/-) points. Currently, momentum indicators such as RSI, MFI, MACD are all at positive levels, supporting the uptrend.

Therefore, TPS assesses the short-term market outlook as optimistic. Investors can prioritize holding strategies or selective new purchases.

Source: https://baodautu.vn/goc-nhin-ttck-tuan-13-1710-loc-co-hoi-tren-nen-tang-ket-qua-kinh-doanh-quy-iii-d410663.html