Daily Market Watch 14/11/2025: The Market Traded in a Narrow Range with Low Liquidity

MARKET HIGHLIGHTS

o      The Vietnamese equity market opened on a weak note as liquidity remained subdued. Large-cap stocks traded below reference from the start of the morning session due to technical profit-taking. Investors who bought at low prices 2 days ago just took profit quickly. While mid- and small-cap stocks showed early strength as cash flows rotated into these segments. The VN-Index retreated slightly during the morning. There were some speculations in several group of stocks. Also, a number of local investors believed that the correction could have been completed. But they need clearer trend direction in order to take action. Many were impacted heavily in the last 4 weeks, thus they did not want to take risks now.

o       In the afternoon session, buying momentum continued to concentrate in large-cap stocks, lifting the overall market sentiment and the Index level despite the absence of any notably positive catalysts. Mid-cap stocks outperformed strongly. The VN-Index closed up 0.2%, ending the week at 1,635 points. Market breadth was mixed with 153 gainers versus 138 decliners. For the week, the index gained 2.27%, marking its first weekly increase after four consecutive weeks of declines.

o       Market liquidity was broadly unchanged with a low trading value of USD 795 mn (-4.96% DoD). Foreign investors extended their net selling, recording outflows of USD 25.9 mn, mainly in STB (-USD 8.1 mn), VCI (-USD 6.8 mn) and VIC (-USD 5.6 mn). On the buy side, inflows focused on VNM (+USD 11.9 mn), HPG (+USD 7.4 mn) and FPT (+USD 3.3 mn).

o       Mid-cap stocks outperformed with a gain of 0.7%, reflecting sector rotation across the market. VN30 stocks also rose 0.4%, though performance was mixed with 11 advancers and 13 decliners. Gains were concentrated in several names such as LPB (+2.0%), MWG (+1.6%), VNM (+1.6%), HPG (+1.3%) and FPT (+1.1%). Meanwhile, small-cap stocks were mostly flat due to a lack of liquidity.