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.
Fearful cash flow, hundreds of stocks with no buyers.“
Despite the massive sell-off at the floor price, investors holding cash were hesitant to buy more. Trading volume on both exchanges decreased sharply by 471 TP3T compared to the morning session, while the number of stocks hitting the floor price on the VN-Index increased to 233, accounting for 611 TP3T of the total traded volume.
- Signal: Neutral
- Impact on: BSR, DPM, VJC, ATC, STB, DGC, NAF, BFC, SSB, LPB
- Analysis: The lack of buyers and the large volume of shares hitting the floor limit reflect the extremely cautious and apprehensive sentiment of domestic investors. This is a sign of strong selling pressure and could lead to a deeper correction in the short term. Investors should prioritize risk management, avoid premature bottom-fishing, and wait for clear signs of recovery from large capital inflows.
Investors need to continue to prepare for exchange rate risks and imported inflation.
Investors need to prepare for short-term exchange rate and inflation risks before bargain-hunting capital returns to the market.
- Signal: Neutral
- Impact on: VIC, VHM, TCB, BID, MBS
- Assessment: Increased exchange rate risk and import inflation could impact business costs and profits, especially for industries with high import inputs. Investors should reassess their portfolios, prioritizing those with strong inflation resilience or export revenue to minimize negative impacts and preserve capital value.
Stocks plummeted to their lower limit, but bargain-hunting investors remained very cautious.
At the close of this morning's trading session, liquidity on the HoSE exchange surged by 88% compared to the morning session of last weekend, reaching 24,992 billion VND. This is the highest trading volume in 6 sessions, but with hundreds of stocks still having sell orders at the floor price, this liquidity still does not reflect the true strength of bottom-buying.
- Signal: Neutral
- Impact on: DPM, BSR, PVS, PVD, PVC, GAS, PLX, DGC, VHM, FPT
- Analysis: High liquidity amidst many stocks hitting their lower limit indicates strong selling pressure, while bottom-buying activity remains cautious. This implies the market has not yet found equilibrium. This phase requires patience; investors should avoid acting impulsively and focus on stocks with solid fundamentals, waiting for clear reversal signals before entering with appropriate positions.
After a correction due to the conflict in Iran, are market valuations attractive again?
Market valuations are being supported by a solid macroeconomic foundation, prospects for market upgrade, and positive profit growth prospects for listed companies in 2026.
- Signal: Neutral
- Impact on: VIC, HOSE, FDI, HSX, FTSE
- Assessment: Although the market is undergoing a correction, the stable macroeconomic foundation, the prospect of an upgrade, and corporate earnings growth in 2026 create a more attractive basis for market valuations. This could be an accumulation opportunity for long-term investors, focusing on leading stocks with sustainable growth potential once market sentiment stabilizes.
Stock prices plummeted to record lows, while gold and silver prices fell sharply.
The VN-Index continued its dramatic plunge, falling by a record 108.61 points before the end of the morning session, dropping to 1,659.04. Other asset classes such as gold and silver also experienced sharp price drops.
- Signal: Neutral
- Impact on: VIC, VHM, TCB, BID, VCB, CTG, SJC, WTI
- Assessment: The record drop in the VN-Index, along with the plunge in other asset classes such as gold and silver, indicates widespread panic. This is a warning sign of macroeconomic risks or unexpected factors that could significantly impact global financial markets. Investors need to be especially cautious, prioritize capital preservation, and only consider investing when the market shows clear signs of stabilization, avoiding catching a falling knife.
VN-Index plummets by a record 114 points, with dozens of stocks falling sharply to low price levels.
In the morning trading session, stocks plummeted, with 219 stocks hitting their lower limit on the HoSE alone. Even strong stocks like VHM, BID, VCB, and CTG couldn't hold their ground. Many stocks have fallen to their April 2025 tariff lows.
- Signal: Neutral
- Impact on: VHM, BID, VCB, CTG, BSI, DIG, BCM, CKG, NBB, KDH
- Analysis: The record-breaking decline, with hundreds of stocks plummeting and many reaching their April 2025 lows, reflects extreme selling pressure and the breakdown of key support levels. This development creates risks for investors using margin. Risk management is crucial during this period; investors should restructure their portfolios, reduce leveraged positions, and wait for stabilizing actions from market makers.
“The "ghost" of foreclosure
Intense margin calls have devastated the market, and even stocks that benefited from oil prices were not spared as cross-selling pressure emerged.
- Signal: Negative
- Impact on: VNI, HNX, HSX, BSR, DPM
- Assessment: The intense margin calls are creating uncontrollable selling pressure, causing serious damage across the market, including to promising stocks. This is an extremely negative signal, indicating a high level of systemic risk. Investors should absolutely avoid margin positions and prioritize reducing the proportion of stocks in their portfolios to a safe level to protect capital against unpredictable fluctuations.
Oil prices retreated to around $100 a barrel after G7 news, Asian stocks rebounded from lows.
World oil prices narrowed their gains this afternoon, following news that the Group of 7 industrialized nations (G7), including the United States, plan to discuss coordinating the release of strategic petroleum reserves.
- Signal: Neutral
- Impacts: WTI, UAE, CNBC, CSIS, ASX
- Analysis: The cooling of oil prices following news from the G7 is a positive factor, helping to alleviate inflation concerns and support production and transportation costs. The rebound in Asian stocks from their lows could also create an initial positive psychological effect on the domestic market. However, it is necessary to assess whether this is a technical rebound or a sustainable trend reversal; investors should cautiously observe subsequent sessions before making major investment decisions.
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.
