The first trading week of November (2–6 November 2026) was volatile, but it left several encouraging signals: liquidity rose, bargain hunters stepped in around 1,700 points, and foreign investors sharply slowed their net selling.
Index: range-bound between 1,700 and 1,760
The VN-Index fell 16.26 points (-0.93%) to 1,725.36, its second weekly decline after a 1.83% drop in the last week of October. The VN30 slipped a milder 0.47% to 1,846.04, while the HNX-Index rose 1.58% to 256.73.
Day by day: Monday lost 30.9 points, briefly breaking below 1,700, and Tuesday shed another 11.1 points. Bottom-fishing then lifted the index 33.4 points on Wednesday and 7.71 points on Thursday. Friday fell 15.37 points as large caps came under pressure, with FPT down 4% in line with the global tech pullback.
Liquidity and money flow
Total trading value for the week reached VND84,101 billion, with the per-session average up 16.9% from the previous week; trading volume on HoSE rose 28.4%. On 6 November, HoSE turnover was VND18,799 billion. Selling pressure centred on banks and parts of real estate, while financial services, real estate and industrial goods & services beat the broader market. Money flowed into mid- and small-cap brokerage and property stocks.
Foreign investors: net selling down almost 70%
Foreign investors were net sellers of about VND800 billion across the market, almost 70% less than the more than VND2,500 billion of the week before. On HoSE, selling focused on MBB, VCB and ACB, while VIX, MSN and HPG saw net buying. Notably, on 6 November foreigners turned net buyers of more than VND400 billion, led by KDH, VND, VIX and MSN.
Next week: testing the 1,700–1,720 support zone
Brokerages see 1,700–1,720 as key support. SHS puts resistance near 1,770; VPS says that if support holds, the index could aim for 1,760–1,780; ACBS expects a 1,720–1,780 range. According to ABS and VNDIRECT, the US sell-off was concentrated in AI stocks, so its effect on Vietnam is mainly psychological and short-lived. Analysts suggest buying in stages near support, limiting margin, and favouring companies with solid Q3 results in banking, brokerage and real estate.
Key takeaways
- VN-Index -0.93% to 1,725.36; HNX-Index +1.58%; average session liquidity +16.9%.
- Foreign net selling fell almost 70%, with net buying returning on Friday.
- 1,700–1,720 is the key support zone for the week of 9–13 November.
For reference only; not investment advice.