Individual investors net bought 2.2 trillion VND while foreign investors net sold 2.47 trillion VND, leading to a market correction with the VN-Index dropping nearly 20 points. Despite the decline, trading volume was low, indicating no panic selling, with funds rotating into small/medium-cap real estate and banking stocks.
On April 9th, foreign investors strongly net bought HPG shares for over 480 billion VND, while net selling VHM, BID, and VCB. Proprietary traders showed light net buying on HOSE, focusing on TCB, VHM, and NVL, but net sold STB and MWG.
The Vietnamese banking sector, after experiencing its weakest period in three years, shows signs of recovery with recent stock gains and a positive 2026 growth outlook. Analysts project double-digit profit growth for the sector, which is expected to support the overall market, despite recent increases in interbank rates.
Vietstock's technical analysis report for April 9, 2026, highlights 10 "hot stocks" including DPM, FPT, HDB, MBB, NLG, SHB, STB, TCB, VJC, and VNM, all showing positive technical signals and short-term outlooks. The report provides specific technical indicators and recommendations for each stock.
PYN Elite Fund reported a 9.6% loss in March, its worst performance since early 2024, attributed to a broad market sell-off and underperformance of key holdings like FPT, YEG, and HVN. Despite this, the fund highlighted positive macroeconomic data and optimistic profit targets for some portfolio companies, including MWG as a key pick.
Vietnam recorded a record 345,979 new domestic investor accounts in March, surpassing the government's 2030 target, while foreign investors also opened 427 new accounts. Despite this strong investor interest, the VN-Index fell by 10.95% in March, accompanied by significant foreign net selling and increased trading liquidity.
Information provided for educational purposes only. Past performance does not guarantee future results. Data sourced from public Vietnamese market feeds.