The stock market bulletin records notable developments, providing investors with multi-dimensional information about trends and growth potential. Below is a summary of some of the highlights and analysis of the market situation in the form of a bulletin.
Supply and demand look at each other, liquidity falls to 7-week low
The recent trading session has not made any progress, the cash flow is still waiting while the holders have no reason to sell. The sporadic demand for T+ surfing has caused liquidity to drop to a 7-week low. However, there are still individual active stock groups, of which oil and gas is a typical example.
- Signal: Neutral
- Impact on: TCB, HPG, VHM, PVD, BSR, PLX, PVT, GAS, HNX, PVC
- Comment: The sharp decline in liquidity reflects the cautious sentiment of investors when supply and demand are struggling, creating hesitation in the market. This period requires patience, investors should closely monitor cash flow developments and the formation of new support zones. For long-term investors, this may be an opportunity to gradually accumulate stocks with good fundamentals when prices adjust; however, risk management through reasonable asset allocation is extremely important to protect the portfolio.
The market calms down, liquidity drops sharply, foreign investors "surf"
After the previous sudden “shock” session, the market could no longer maintain its euphoric state. The breadth returned to an overwhelmingly bearish state, although some of the largest stocks were still pushing the VN-Index up slightly. Most importantly, the liquidity of the two exchanges fell to a 31-session low.
- Signal: Neutral
- Impact on: VIC, VCB, VHM, CTG, BID, FPT, VRE, MWG, ACB, DGC
- Comment: The sharp drop in liquidity after a volatile session shows that the market is adjusting and investors are becoming more cautious. Foreign investors' "surfing" can create short-term fluctuations, so investors need to prioritize defensive strategies and limit large disbursements. This is the time to re-evaluate the health of the portfolio, focusing on stocks with solid fundamentals and good resilience to market fluctuations.
Advantages of IPO stocks when the market is volatile
In the context of the stock market experiencing strong fluctuations and widespread cautiousness, a remarkable phenomenon is emerging: Money flows quietly seek out quality IPO deals, considering them as a temporary "refuge" to anchor during the unstable period.
- Signal: Neutral
- Impact on: JSC, KHI, ESOP, PEG, TMCP, VPB, SMBC
- Comment: In the context of a volatile market, the flow of money to quality IPOs shows that investors are looking for investment channels that are less affected by the general psychology. Reasonably priced IPO stocks with clear growth prospects can bring attractive profit opportunities, especially in the long term. However, carefully selecting businesses with good foundations and information transparency is the key to minimizing risks and optimizing profits.
Bank profit picture: Reached 87,000 billion VND, increased 251% YoY, deposit growth
The banking sector's profit after tax in the third quarter of 2025 reached VND87 trillion, up 251% year-on-year and down 21% year-on-year. This result shows the stability and profitability of the banking system.
- Signal: Neutral
- Impact on: VPB, TMCP, CTG, CASA, NIM, VDSC, LLR
- Comment: The banking sector recorded impressive profits, reflecting the resilience and growth of the economy, and is the main driving force behind the market. This profit growth creates a solid foundation for banking stocks, especially those with good CASA and NIM ratios. Investors can consider this group of stocks in their medium and long-term portfolios, but need to analyze more deeply the asset quality and bad debt prospects to make smart investment decisions.
DNSE is in the Top 10 companies with the best retail services in the stock market.
DNSE was honored in the Top 10 securities companies with the best retail services in Vietnam (Best Retail Brokers 2025) at the Vietnam Investment Forum (VIF) 2026 event held on November 4, 2025 in Ho Chi Minh City.
- Signal: Neutral
- Impact on: DNSE, VIF, CTCP, VIS, TCBS, MBS, SSI, VPS, BXH, CTCK
- Comment: DNSE being honored in the Top 10 securities companies with the best retail services affirms the quality of service and reputation of the business in the industry. This can strengthen investors' confidence in developing brokerage companies, and at the same time shows that the trend of digital financial services is being focused on. Investors interested in the securities industry can research companies with customer growth and technological innovation to find potential investment opportunities.
Gold price "evaporated" nearly 70 USD/oz because of USD increase, SPDR Gold Trust net sold
World gold prices fell sharply in the recent trading session due to the strengthening of the USD while investors awaited US employment data. Net selling from the world's largest gold ETF SPDR Gold Trust also contributed to the downward pressure on prices.
- Signal: Neutral
- Impact on: SPDR, CME, ADP
- Comment: The sharp fall in gold prices due to the increase in the USD shows the shift of money flows to seek safe assets, or reflects expectations about monetary policy. The weakness of gold can affect the general sentiment of the commodity market and some of the safe haven assets. Investors should closely monitor macro factors such as the USD index, US economic data and central bank policies to assess the trend of gold prices and alternative investment channels.
US stocks lose points because AI stocks are too expensive, oil prices go down because of the possibility of recession
After rising more than 150% this year, Palantir stock is trading at a forward price-to-earnings (P/E) ratio of more than 200 times. Crude oil prices have also fallen on concerns about the global economic outlook, particularly the possibility of a recession that could reduce energy demand.
- Signal: Neutral
- Impact on: AMD, WTI, OPEC
- Comment: The overvaluation of AI stocks in the US has put pressure on global stock markets, reflecting caution about overvaluation in some technology sectors. At the same time, falling oil prices reflect concerns about economic growth prospects, which could affect related industries. Investors need to carefully evaluate technology stocks, especially AI, to avoid “bubble” risks and consider industries with more solid fundamentals in their portfolios.
Risk of Asian stock market “bubble” due to AI
Since the beginning of this year, large-cap technology stocks have contributed about 50% to the growth of key stock indexes in Asia, raising concerns about the risk of a "bubble" when the fever of artificial intelligence (AI) stocks in the US spread to this region.
- Signal: Neutral
- Impact on: TSMC, SMIC
- Comment: Concerns about the AI stock bubble spreading to Asia are an important warning sign, especially when large-cap tech stocks contribute a large part of the index growth. Investors need to be extremely cautious with stocks that have overheated based on expectations without sustainable profits. A risk management strategy of diversifying the portfolio, avoiding too much concentration in one industry group, and prioritizing businesses with real value will help protect assets during this period.
The stock market news bulletin aims to provide investors with an overview, while emphasizing the importance of careful analysis before making investment decisions. Following market news from HVA The provision will help investors seize opportunities from short-term fluctuations and adjust their portfolios in line with market trends.
