On 12 November 2026 the VN-Index fell 12.15 points, or 0.7%, to close at 1,734.75 points. The index traded below its reference level for almost the whole day and briefly lost the 1,730 mark in the closing (ATC) auction before recovering slightly. The pullback came after two consecutive gains, with profit-taking concentrated in large-cap stocks.
Higher turnover, broad declines
On HoSE, matched volume reached about 653.6 million shares, down nearly 4%, but trading value rose about 9.4% from the previous session to more than VND15,138 billion. Put-through deals added nearly 158.6 million units worth more than VND4,399 billion. According to VnExpress, decliners on HoSE outnumbered gainers by 199 to 94.
The VN30 basket lost nearly 16 points, with 22 stocks down and 4 up. The HNX-Index bucked the trend, gaining 0.89 points (0.35%) to 256.62 as NVB rose 5.2% and contributed more than 1.4 points, while the UPCoM-Index slipped 0.32 points to 121.25.
Stocks that shaped the session
- VIC fell 0.9% to VND243,000 but was the biggest drag, taking more than 3.5 points off the VN-Index; it was also second by trading value at more than VND435 billion.
- Banks weighed on the market: VPB fell 1.79%, TCB 1.37%, SHB 1.35% and BID 1.08%. SHB was the most active bank stock with nearly 22.5 million shares traded, while STB, LPB and NAB rose about 1%.
- Brokerages fell nearly 1.5% as a group; VIX led trading volume with more than 32 million shares, down 1.9%.
- Bright spots: DPG rose about 6.5%, REE 2.49%, PLX 2.28% and PNJ 2.75%; BSR and VRE gained 0.8%. Oil and gas, construction and materials, and media were among the few sectors in positive territory.
Foreign investors turn net sellers
After two sessions of net buying, foreign investors posted their largest net sale in more than a month. According to Vietnam News Agency (TTXVN), net selling across the market exceeded VND900 billion, led by FPT (nearly VND450 billion), KDH (VND107.08 billion) and STB (VND98.74 billion); FPT shares fell 2.65%. On the buy side, foreigners picked up more than VND60 billion of HDB and VND41.06 billion of MSN.
News in focus
Early on 12 November MSCI announced its periodic review, adding PNJ and NLG to the MSCI Frontier Markets Index and removing DIG, FTS and PC1. Wall Street had risen overnight on technology buying, but the local market did not follow. Source reports attributed the pressure mainly to profit-taking after two up-sessions, active foreign selling and low-priced supply in the ATC auction. VCBS said the market is consolidating around the 1,740-point area.
Key takeaways
- The VN-Index fell 0.7% to 1,734.75, while HoSE turnover still rose to more than VND15,138 billion.
- VIC and banks were the main drags; the HNX-Index moved the other way, up 0.35%.
- Foreign investors recorded their heaviest net selling in more than a month, centred on FPT.