
The domestic stock market closed the trading session on November 3rd with widespread declines.
The stock market opened the new week under heavy selling pressure on large-cap stocks. A surprising recovery came towards the end of the session, driven by a familiar name.
This morning, the further decline of approximately 2-3% in VinGroup's stock group created a relatively negative sentiment in the overall market, causing many other sectors to experience corrections.
The pressure was only relieved when money flowed into buying the three stocks VIC, VHM, and VRE at low prices. VIC's closing gain of over 4% helped the market reverse its trend quite dramatically.
Furthermore, the resilience ofFPT , a leading technology stock, throughout the morning session helped to alleviate market panic. Even during the deepest correction this morning, FPT maintained positive gains and closed the morning session near its highest price.
Another representative of the telecommunications technology sector, VGI, also showed positive gains this morning after announcing impressive business results last weekend.
In addition, the positive performance of VCB, a leading bank stock, helped boost confidence in many other bank stocks in the VN30 index, allowing them to recover somewhat. TPB rose 2.7% and LPB increased 2.76%.
Liquidity also increased somewhat compared to the end of last week's session, with the HOSE closing the morning session with a trading value of approximately 13,000 billion VND. Foreign investors sold relatively lightly this morning, with a net selling of about 146 billion VND.

The VN-Index plunged more than 22 points as red spread across the board.
At the close of trading, the VN-Index fell 22.65 points to 1,617 points. Trading volume reached over 1 billion shares, equivalent to over 29,486 billion VND. Across the entire exchange, there were 88 gainers, 240 losers, and 43 unchanged stocks.
On the Hanoi Stock Exchange (HNX), the HNX-Index fell 6.67 points to 259.18 points. Trading volume reached over 133.4 million shares, equivalent to over 2,874 billion VND. The exchange recorded 47 gainers, 103 losers, and 53 unchanged stocks.
The UPCOM-Index rose 1.17 points to 114.63 points, with a trading volume of over 32.2 million shares, equivalent to nearly 719 billion VND. Across the entire exchange, 103 stocks increased in price, 127 decreased, and 89 remained unchanged.
Strong selling pressure on large-cap stocks dragged the market down. The VN30 basket saw 23 stocks decline, only 4 gain, and 3 remain unchanged. VIC rose 2.3%, but its gains narrowed compared to the morning session. Conversely, many large-cap stocks experienced significant declines, such as VRE down 5.86%, SSI down 5.25%, MSN down 3.27%, and HPG down 2.43%.
The banking sector faced strong selling pressure with 23 stocks declining, only SSB showing a slight increase of 0.28%, and 3 stocks remaining unchanged. A series of stocks experienced significant drops, including STB down 5.77%, KLB down 5.39%, HDB down 4.53%,OCB down 3.14%, and TCB down 4.27%.
Real estate stocks weakened across the board, with many hitting the floor limit, including CEO, HDC, TCH, DRH, NLG, and DXS. The securities sector was dominated by red, while in the oil and gas sector, only PVD and PTV managed to maintain gains; PVC, POS, TOS, PVS, BSR, PLX, and OIL all declined.
In the early afternoon session, increased selling pressure caused the VN-Index to plummet sharply, closing in a pessimistic mood. TCB, VPB, STB, and HPG were the stocks most negatively impacted.
The HNX-Index also performed poorly, heavily impacted by SHS's 9.57% drop, CEO's 9.84% drop, HUT's 5.71% drop, and MBS's 3.78% drop.
Looking at the sectors, red dominated. Media services saw the sharpest declines, with VGI falling 3.02%, FOX down 1.99%, VNZ down 0.48%, and CTR down 2.39%. Finance and materials were the next two sectors experiencing significant drops. Notable stocks that corrected included VIX down 6.96%, SHS down 9.57%, SSI down 5.25%, HPG down 2.43%, DPM down 3.33%, and GVR down 2.41%.
Conversely, the essential consumer goods group recorded the most positive performance, thanks to MCH increasing by 9.72%, SAB increasing by 0.98%, KDC increasing by 5.62%, and BHN increasing by 2.42%.
Foreign investors continued to net sell over VND 112 billion on the HOSE, focusing on VIX (VND 283.78 billion), MBB (VND 122.88 billion), STB (VND 86.82 billion), and VRE (VND 84.61 billion). On the HNX, foreign investors net sold over VND 3.9 billion, mainly in PVI (VND 9.08 billion), NTP (VND 7.12 billion), CEO (VND 6.5 billion), and VC3 (VND 6.12 billion).
The sharp decline on November 3rd shows that market sentiment remains sensitive to profit-taking pressure and macroeconomic volatility. Capital flows are becoming more cautious, while large-cap stocks continue to dominate the overall trend.
Source: https://vtv.vn/vn-index-giam-hon-22-diem-100251103182032238.htm






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