The first session of the week on 9 November 2026 closed in the red: the VN-Index fell 11.04 points, or 0.64%, to 1,714.32. During the day the index slid as low as 1,701.9, close to the 1,700 support zone, before bargain hunting helped narrow the loss considerably. The HNX-Index dropped 1.49 points to 255.24 and the UPCoM-Index slipped 0.3 points to 121.45.
Most influential stocks
According to VietnamPlus, VHM, MCH, STB and GAS were the biggest drags, together taking more than 4.98 points off the VN-Index. In the morning, VIC and VHM at one point cost the index more than 11 points; by the close VHM was down 2.74% while VIC was roughly flat, a sign that selling in the large caps had eased.
On the other side, large banks provided support: VPB rose 0.91% and ACB 0.74%, with BID and MBB also in the green. NVL gained 1.94% and FPT 0.39%. Some other banks came under pressure, with STB down 2.14%, LPB down 1.69% and HDB down 1.33%.
Liquidity and foreign flows
Trading value on HOSE was about VND13.826 trillion, down 26.62% from the previous session, reflecting investor caution. Breadth on HOSE favoured sellers, with 181 decliners, 125 gainers and 58 unchanged.
Foreign investors were net sellers of about VND806 billion on HOSE, concentrated in HPG (VND130 billion), VIC (VND90 billion) and PNJ (VND84 billion). On the positive side, foreign money kept selectively buying banks: VPB saw net buying of VND85 billion, MBB VND61 billion and TCB VND33 billion.
Sector moves and context
- Brokerages fell sharply: VND -3.34%, VIX -2.62%, VCI -2.48%, SSI -2.45%.
- Consumer staples lost 1.11%, with MCH down 2.93%, MSN 2.05% and VNM 1.56%.
- Healthcare, pharmaceuticals and seafood were the best performers; DHG rose 1.08% and DHT 2.04%.
Sentiment was weighed by a sell-off in technology and AI stocks in the US and Asia. At home, on the same day the National Assembly approved the 2027 state budget and the Price Management Steering Committee called for state-managed prices to be kept stable through the end of 2026, factors that support the macro backdrop over the medium term.
Key takeaways
- The VN-Index lost 0.64%, but buyers again defended the 1,700 zone during the session.
- Large banks such as VPB, ACB and BID provided support; foreign investors kept net buying VPB, MBB and TCB.
- Lower liquidity shows investors are waiting for clearer signals before deploying cash.