Daily Market Watch 11/07/2025: Inflows Sustain Market Rally, VN30 Index Hits All-Time High

MARKET HIGHLIGHTS

o       Vietnam’s stock market extended its bullish momentum for a sixth consecutive session, with the VN-Index gaining 0.84% to close at 1,457.76 points. The index advanced 5.1% this week, delivering a consistent and steady rally across all sessions. The market's strong performance was primarily driven by surging foreign inflows, which continued to support large-cap stocks — especially those within the VN30 basket. On a broader scale, HOSE’s market capitalization reached an all-time high of USD 240 billion, rising USD 36.5 billion year-to-date (+17.95%) and surpassing its April 2022 peak. Despite this milestone, the VN-Index still trades approximately 4.85% below its historic high.

o       Foreign investors were net buyers for the eighth consecutive session, maintaining their aggressive positioning following the U.S. government's announcement of favorable tariff terms for Vietnam. Today alone, foreign funds net bought USD 42.4 million, bringing total net inflows to USD 453 million in the last 8 days. The concentration of these flows in large-cap stocks provided considerable support to the VN30 Index, which outperformed with a 1.17% gain, closing at 1,534.67 points, a new all-time high.

o       Top foreign net-buy positions included SSI (+USD 19.7m), HPG (+USD 10.4m), VHM (+USD 4.8m), MSN (+USD 3.6m), and VCB (+USD 3.6m). On the flip side, outflows were recorded in SHB (-USD 4.6m), CTG (-USD 3.8m), ACV (-USD 2.7m), and KDH (-USD 1.9m). Notably, SHB reversed after five days of strong net buying, while ACV has now been consistently sold for nine consecutive sessions, reflecting a clear shift in sentiment. KDH also remained under foreign selling pressure and continued to underperform its peers in the sector.

o       Market liquidity improved significantly, with total trading value reaching USD 1.22 billion, up 15.7% DoD. The uptick was partly driven by increased selling activity as profit-taking became more pronounced. While large-cap names continued to advance, buoyed by foreign inflows, many small/mid-cap stocks began to correct in the absence of sustained buying interest from institutional players.