At the close of trading on October 31, the VN-Index fell 29.92 points (1.79%) to 1,639.65 points, the HNX-Index lost 1.11 points (0.42%) to 265.85 points. Meanwhile, the UPCoM-Index increased 0.04 points (0.04%) to 113.46 points.
The VN30-Index fell 39.82 points (2.07%) to 1,885.36 points.
The volatility of large-cap stocks was the main reason for the market's weakness, with the "Vin Group" stocks being the focal point.
VIC fell 6.42% to 191,000 VND/share, taking away 10.04 points from the VN-Index, while VRE and VHM decreased by 4.62% and 3.76% respectively. These three stocks alone caused the index to lose more than 13 points.
In addition, bank stocks such as HDB, LPB, STB, TCB, VPB,SHB , MBB, and VCB also put pressure on the market. The downward pressure also spread to VJC, GEX, VIX, and MWG, causing red to dominate the leading group.
The highlights of today's trading session were stocks such asACB , FPT, DGC, VNM, PVD, MSN…
Total market liquidity reached nearly 30,100 billion VND, with HoSE accounting for over 27,670 billion VND. On the HoSE, red dominated with 190 declining stocks and 127 rising stocks. Foreign investors net sold over 520 billion VND.
The market was in turmoil, with the VN-Index losing nearly 30 points in today's trading session. (Illustrative image).
Some securities firms predict that the market may be volatile in the near future, so investors need to be cautious when making decisions.
MB Securities (MBS) believes that the market trend is likely to return to fluctuating within the 1,620 – 1,750 point range in November. Capital flows may decrease (due to seasonal factors) towards the end of the year, alongside continued record net selling by foreign investors, and a slight increase in deposit interest rates as banks rush to complete their year-end investments.
"In a cautious scenario, if the support zone around 1,620 points is breached, the market could test the 1,550 point mark before recovering for an upward trend towards the end of the year," MBS stated.
Yuanta Securities Vietnam (YSVN) recommends that the short-term trend of the overall market remains downward. Therefore, investors can continue to hold stocks at a level of 20-40% of their portfolio and continue to consider new purchases at a low proportion.
Meanwhile, Tien Phong Securities (TPS) believes that the likelihood of the VN-Index breaking through the 1,700-point resistance level has decreased, instead the risk of a correction to the 1,620-point range is higher. The 1,600-1,620 point range has repeatedly seen strong buying at the bottom since August 2025, indicating that the current valuation level is accepted by most investors.
"This price range could therefore become an important buffer, reinforcing the medium- to long-term upward trend of the market in the coming period," TPS forecasts.
Source: https://vtcnews.vn/thi-truong-ruc-lua-vn-index-mat-gan-30-diem-ar984159.html
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