주요 뉴스

Market commentary 2026/09/22: Broad-based selling pressure
The market declined under selling pressure concentrated primarily among large-cap stocks. At the same time, trading liquidity weakened significantly, while the index fell below its key moving averages. This development pointed to rising downside risks and suggested that market sentiment remained relatively cautious.2026년 9월 22일

Covered warrant 2026/09/22: Liquidity declined
During the week, although the number of newly issued covered warrants increased, trading activity in the covered warrant market declined, indicating that capital flows have yet to improve in line with the increase in warrant supply. In addition, declining warrants continued to outnumber gainers, reflecting relatively cautious trading sentiment in the covered warrant market. Conversely, the underlying market showed positive performance, with the VNIndex rising 1.1% for the week, highlighting the divergence between the underlying and covered warrant markets.2026년 9월 22일

Market Traders 2026/09/22: Record-high foreign net buying
Foreign capital inflows were primarily concentrated in FPT (+VND571bn), HDB (+VND461bn), BSR (+VND423bn), MCH (+VND405bn), and SSB (+VND357bn). Conversely, selling pressure was mainly concentrated in large-cap stocks, including VIC (-VND1.0tn), VHM (-VND709bn), VIX (-VND198bn), DMX (-VND172bn), and VND (-VND130bn).2026년 9월 22일

38W26: Interbank rates surge as SBV extends liquidity drain
During 38W26, the SBV intensified its net liquidity withdrawal through open market operations as system-wide liquidity remained ample, pushing interbank rates higher across the curve. In tandem, government bond yields edged higher across short-to-medium tenors amid stronger secondary-market trading activity. On the FX front, USDVND climbed back above the key 26,000 level, tracking the greenback’s post-Fed-hike rebound despite continued support from foreign net inflows.2026년 9월 21일

Market commentary 2026/09/21: Market reversal
The market closed lower alongside increased liquidity, partly influenced by portfolio rebalancing activities by ETF funds. This contributed to higher trading value but did not fully reflect an increase in active selling pressure. Against this backdrop, capital flows remained cautious, while the short-term trend has yet to show clear signs of improvement.2026년 9월 21일

Chart of the day 2026/09/21: Watch for further confirmation signals
The signals lack consistency after the sharp decline in the final session of last week. Investors should therefore stay cautious and watch for further confirmation signals before they reopen new positions.2026년 9월 21일

Derivatives 2026/09/21: Selling pressure near the peak
The short-term uptrend faces a challenge amid inconsistent signals. Traders should therefore stay cautious and wait for further signals in the next session before they reopen new positions.2026년 9월 21일

Market commentary 2026/09/18: Positive sentiment returning?
The market posted gains, mainly driven by large-cap stocks, while liquidity also improved. The index’s recovery above most of its key moving averages indicates an improvement in the short-term trend, opening the possibility for the uptrend to resume.2026년 9월 18일

Derivatives 2026/09/18: Breakout signal
The breakout session confirmed the short-term uptrend. Therefore, traders may reopen long positions in the next session.2026년 9월 18일

Market commentary 2026/09/17: Mixed performance
The market closed slightly lower as liquidity remained low, indicating that capital flows continued to be cautious. In addition, the continued tug-of-war suggests that the market may be entering a short-term accumulation phase.2026년 9월 17일

Derivatives 2026/09/17: Liquidity declines
Current signals remain mixed. Therefore, traders should stay cautious, monitor the market closely, and wait for further confirmation before they open new positions.2026년 9월 17일

Market commentary 2026/09/16: Gains return
The market posted strong gains and reclaimed its 20-period moving average, indicating an improvement in the short-term technical outlook. However, the significant decline in liquidity suggests that the rally has yet to receive clear confirmation from capital flows. Therefore, the current rebound may still be technical in nature.2026년 9월 16일

Derivatives 2026/09/16: Await confirmation signals
The signals lack consistency. Therefore, traders should observe the market cautiously and wait for additional confirmation signals before opening new positions.2026년 9월 16일

Market Traders 2026/09/16: Foreign investors continued net selling
Over the past week, foreign investors maintained strong selling pressure, recording net selling of approximately VND1.6tn.2026년 9월 16일

Derivatives 2026/09/15: Liquidity remains high
The downtrend may already be confirmed. Traders should therefore observe the market cautiously and may open additional short positions in the next session.2026년 9월 15일

Market commentary 2026/09/15: Correction risks remain
The market closed lower alongside an increase in liquidity, reflecting signs of intensifying selling pressure and continued cautious sentiment. At the same time, the index remained below most of its key moving averages, indicating that the short-term trend remains negative and correction risks are still present.2026년 9월 15일

Covered warrant 2026/09/15: Cautious performance
During the week, trading activity in the covered warrant market remained subdued, with low liquidity and declining warrants continuing to outnumber gainers, reflecting cautious investor sentiment. This performance was relatively in line with the underlying market, as the index recorded a sharp decline of 3.1% for the week.2026년 9월 15일

37W26: SBV shifts to net liquidity withdrawal while USDVND eases sharply
During 37W26, the SBV shifted back to a net liquidity withdrawal stance via open market operations, absorbing excess funds as physical currency steadily returned to the banking system post-holiday. Interbank rates extended their downward trend across key short-to-medium tenors alongside moderating turnover, confirming that system liquidity has remained comfortable despite late-week upticks at the long end. On the FX front, the domestic USDVND exchange rate dropped firmly, decisively breaking below the 26,000 benchmark alongside a marginally softer greenback, even as foreign investors sustained net portfolio outflows and elevated crude oil prices fueled global rate hike expectations.2026년 9월 14일

Chart of the day 2026/09/14: A reversal?
The uptrend may reverse if signs of weakness continue to appear. Investors should therefore remain cautious and reduce their stock holdings to a safe level.2026년 9월 14일

Derivatives 2026/09/14: A downtrend ahead?
A downtrend may form in the short term. If a confirmation signal appears in today's session, traders may consider opening Short positions.2026년 9월 14일
주요 프로모션

Market commentary 2026/09/22: Broad-based selling pressure
The market declined under selling pressure concentrated primarily among large-cap stocks. At the same time, trading liquidity weakened significantly, while the index fell below its key moving averages. This development pointed to rising downside risks and suggested that market sentiment remained relatively cautious.2026년 9월 22일

Covered warrant 2026/09/22: Liquidity declined
During the week, although the number of newly issued covered warrants increased, trading activity in the covered warrant market declined, indicating that capital flows have yet to improve in line with the increase in warrant supply. In addition, declining warrants continued to outnumber gainers, reflecting relatively cautious trading sentiment in the covered warrant market. Conversely, the underlying market showed positive performance, with the VNIndex rising 1.1% for the week, highlighting the divergence between the underlying and covered warrant markets.2026년 9월 22일

Market Traders 2026/09/22: Record-high foreign net buying
Foreign capital inflows were primarily concentrated in FPT (+VND571bn), HDB (+VND461bn), BSR (+VND423bn), MCH (+VND405bn), and SSB (+VND357bn). Conversely, selling pressure was mainly concentrated in large-cap stocks, including VIC (-VND1.0tn), VHM (-VND709bn), VIX (-VND198bn), DMX (-VND172bn), and VND (-VND130bn).2026년 9월 22일

38W26: Interbank rates surge as SBV extends liquidity drain
During 38W26, the SBV intensified its net liquidity withdrawal through open market operations as system-wide liquidity remained ample, pushing interbank rates higher across the curve. In tandem, government bond yields edged higher across short-to-medium tenors amid stronger secondary-market trading activity. On the FX front, USDVND climbed back above the key 26,000 level, tracking the greenback’s post-Fed-hike rebound despite continued support from foreign net inflows.2026년 9월 21일

Market commentary 2026/09/21: Market reversal
The market closed lower alongside increased liquidity, partly influenced by portfolio rebalancing activities by ETF funds. This contributed to higher trading value but did not fully reflect an increase in active selling pressure. Against this backdrop, capital flows remained cautious, while the short-term trend has yet to show clear signs of improvement.2026년 9월 21일

Chart of the day 2026/09/21: Watch for further confirmation signals
The signals lack consistency after the sharp decline in the final session of last week. Investors should therefore stay cautious and watch for further confirmation signals before they reopen new positions.2026년 9월 21일

Derivatives 2026/09/21: Selling pressure near the peak
The short-term uptrend faces a challenge amid inconsistent signals. Traders should therefore stay cautious and wait for further signals in the next session before they reopen new positions.2026년 9월 21일

Market commentary 2026/09/18: Positive sentiment returning?
The market posted gains, mainly driven by large-cap stocks, while liquidity also improved. The index’s recovery above most of its key moving averages indicates an improvement in the short-term trend, opening the possibility for the uptrend to resume.2026년 9월 18일

Derivatives 2026/09/18: Breakout signal
The breakout session confirmed the short-term uptrend. Therefore, traders may reopen long positions in the next session.2026년 9월 18일

Market commentary 2026/09/17: Mixed performance
The market closed slightly lower as liquidity remained low, indicating that capital flows continued to be cautious. In addition, the continued tug-of-war suggests that the market may be entering a short-term accumulation phase.2026년 9월 17일

Derivatives 2026/09/17: Liquidity declines
Current signals remain mixed. Therefore, traders should stay cautious, monitor the market closely, and wait for further confirmation before they open new positions.2026년 9월 17일

Market commentary 2026/09/16: Gains return
The market posted strong gains and reclaimed its 20-period moving average, indicating an improvement in the short-term technical outlook. However, the significant decline in liquidity suggests that the rally has yet to receive clear confirmation from capital flows. Therefore, the current rebound may still be technical in nature.2026년 9월 16일

Derivatives 2026/09/16: Await confirmation signals
The signals lack consistency. Therefore, traders should observe the market cautiously and wait for additional confirmation signals before opening new positions.2026년 9월 16일

Market Traders 2026/09/16: Foreign investors continued net selling
Over the past week, foreign investors maintained strong selling pressure, recording net selling of approximately VND1.6tn.2026년 9월 16일

Derivatives 2026/09/15: Liquidity remains high
The downtrend may already be confirmed. Traders should therefore observe the market cautiously and may open additional short positions in the next session.2026년 9월 15일

Market commentary 2026/09/15: Correction risks remain
The market closed lower alongside an increase in liquidity, reflecting signs of intensifying selling pressure and continued cautious sentiment. At the same time, the index remained below most of its key moving averages, indicating that the short-term trend remains negative and correction risks are still present.2026년 9월 15일

Covered warrant 2026/09/15: Cautious performance
During the week, trading activity in the covered warrant market remained subdued, with low liquidity and declining warrants continuing to outnumber gainers, reflecting cautious investor sentiment. This performance was relatively in line with the underlying market, as the index recorded a sharp decline of 3.1% for the week.2026년 9월 15일

37W26: SBV shifts to net liquidity withdrawal while USDVND eases sharply
During 37W26, the SBV shifted back to a net liquidity withdrawal stance via open market operations, absorbing excess funds as physical currency steadily returned to the banking system post-holiday. Interbank rates extended their downward trend across key short-to-medium tenors alongside moderating turnover, confirming that system liquidity has remained comfortable despite late-week upticks at the long end. On the FX front, the domestic USDVND exchange rate dropped firmly, decisively breaking below the 26,000 benchmark alongside a marginally softer greenback, even as foreign investors sustained net portfolio outflows and elevated crude oil prices fueled global rate hike expectations.2026년 9월 14일

Chart of the day 2026/09/14: A reversal?
The uptrend may reverse if signs of weakness continue to appear. Investors should therefore remain cautious and reduce their stock holdings to a safe level.2026년 9월 14일

Derivatives 2026/09/14: A downtrend ahead?
A downtrend may form in the short term. If a confirmation signal appears in today's session, traders may consider opening Short positions.2026년 9월 14일
주요 뉴스

Market commentary 2026/09/22: Broad-based selling pressure
The market declined under selling pressure concentrated primarily among large-cap stocks. At the same time, trading liquidity weakened significantly, while the index fell below its key moving averages. This development pointed to rising downside risks and suggested that market sentiment remained relatively cautious.2026년 9월 22일

Covered warrant 2026/09/22: Liquidity declined
During the week, although the number of newly issued covered warrants increased, trading activity in the covered warrant market declined, indicating that capital flows have yet to improve in line with the increase in warrant supply. In addition, declining warrants continued to outnumber gainers, reflecting relatively cautious trading sentiment in the covered warrant market. Conversely, the underlying market showed positive performance, with the VNIndex rising 1.1% for the week, highlighting the divergence between the underlying and covered warrant markets.2026년 9월 22일

Market Traders 2026/09/22: Record-high foreign net buying
Foreign capital inflows were primarily concentrated in FPT (+VND571bn), HDB (+VND461bn), BSR (+VND423bn), MCH (+VND405bn), and SSB (+VND357bn). Conversely, selling pressure was mainly concentrated in large-cap stocks, including VIC (-VND1.0tn), VHM (-VND709bn), VIX (-VND198bn), DMX (-VND172bn), and VND (-VND130bn).2026년 9월 22일

38W26: Interbank rates surge as SBV extends liquidity drain
During 38W26, the SBV intensified its net liquidity withdrawal through open market operations as system-wide liquidity remained ample, pushing interbank rates higher across the curve. In tandem, government bond yields edged higher across short-to-medium tenors amid stronger secondary-market trading activity. On the FX front, USDVND climbed back above the key 26,000 level, tracking the greenback’s post-Fed-hike rebound despite continued support from foreign net inflows.2026년 9월 21일

Market commentary 2026/09/21: Market reversal
The market closed lower alongside increased liquidity, partly influenced by portfolio rebalancing activities by ETF funds. This contributed to higher trading value but did not fully reflect an increase in active selling pressure. Against this backdrop, capital flows remained cautious, while the short-term trend has yet to show clear signs of improvement.2026년 9월 21일

Chart of the day 2026/09/21: Watch for further confirmation signals
The signals lack consistency after the sharp decline in the final session of last week. Investors should therefore stay cautious and watch for further confirmation signals before they reopen new positions.2026년 9월 21일

Derivatives 2026/09/21: Selling pressure near the peak
The short-term uptrend faces a challenge amid inconsistent signals. Traders should therefore stay cautious and wait for further signals in the next session before they reopen new positions.2026년 9월 21일

Market commentary 2026/09/18: Positive sentiment returning?
The market posted gains, mainly driven by large-cap stocks, while liquidity also improved. The index’s recovery above most of its key moving averages indicates an improvement in the short-term trend, opening the possibility for the uptrend to resume.2026년 9월 18일

Derivatives 2026/09/18: Breakout signal
The breakout session confirmed the short-term uptrend. Therefore, traders may reopen long positions in the next session.2026년 9월 18일

Market commentary 2026/09/17: Mixed performance
The market closed slightly lower as liquidity remained low, indicating that capital flows continued to be cautious. In addition, the continued tug-of-war suggests that the market may be entering a short-term accumulation phase.2026년 9월 17일

Derivatives 2026/09/17: Liquidity declines
Current signals remain mixed. Therefore, traders should stay cautious, monitor the market closely, and wait for further confirmation before they open new positions.2026년 9월 17일

Market commentary 2026/09/16: Gains return
The market posted strong gains and reclaimed its 20-period moving average, indicating an improvement in the short-term technical outlook. However, the significant decline in liquidity suggests that the rally has yet to receive clear confirmation from capital flows. Therefore, the current rebound may still be technical in nature.2026년 9월 16일

Derivatives 2026/09/16: Await confirmation signals
The signals lack consistency. Therefore, traders should observe the market cautiously and wait for additional confirmation signals before opening new positions.2026년 9월 16일

Market Traders 2026/09/16: Foreign investors continued net selling
Over the past week, foreign investors maintained strong selling pressure, recording net selling of approximately VND1.6tn.2026년 9월 16일

Derivatives 2026/09/15: Liquidity remains high
The downtrend may already be confirmed. Traders should therefore observe the market cautiously and may open additional short positions in the next session.2026년 9월 15일

Market commentary 2026/09/15: Correction risks remain
The market closed lower alongside an increase in liquidity, reflecting signs of intensifying selling pressure and continued cautious sentiment. At the same time, the index remained below most of its key moving averages, indicating that the short-term trend remains negative and correction risks are still present.2026년 9월 15일

Covered warrant 2026/09/15: Cautious performance
During the week, trading activity in the covered warrant market remained subdued, with low liquidity and declining warrants continuing to outnumber gainers, reflecting cautious investor sentiment. This performance was relatively in line with the underlying market, as the index recorded a sharp decline of 3.1% for the week.2026년 9월 15일

37W26: SBV shifts to net liquidity withdrawal while USDVND eases sharply
During 37W26, the SBV shifted back to a net liquidity withdrawal stance via open market operations, absorbing excess funds as physical currency steadily returned to the banking system post-holiday. Interbank rates extended their downward trend across key short-to-medium tenors alongside moderating turnover, confirming that system liquidity has remained comfortable despite late-week upticks at the long end. On the FX front, the domestic USDVND exchange rate dropped firmly, decisively breaking below the 26,000 benchmark alongside a marginally softer greenback, even as foreign investors sustained net portfolio outflows and elevated crude oil prices fueled global rate hike expectations.2026년 9월 14일

Chart of the day 2026/09/14: A reversal?
The uptrend may reverse if signs of weakness continue to appear. Investors should therefore remain cautious and reduce their stock holdings to a safe level.2026년 9월 14일

Derivatives 2026/09/14: A downtrend ahead?
A downtrend may form in the short term. If a confirmation signal appears in today's session, traders may consider opening Short positions.2026년 9월 14일
주요 프로모션

Market commentary 2026/09/22: Broad-based selling pressure
The market declined under selling pressure concentrated primarily among large-cap stocks. At the same time, trading liquidity weakened significantly, while the index fell below its key moving averages. This development pointed to rising downside risks and suggested that market sentiment remained relatively cautious.2026년 9월 22일

Covered warrant 2026/09/22: Liquidity declined
During the week, although the number of newly issued covered warrants increased, trading activity in the covered warrant market declined, indicating that capital flows have yet to improve in line with the increase in warrant supply. In addition, declining warrants continued to outnumber gainers, reflecting relatively cautious trading sentiment in the covered warrant market. Conversely, the underlying market showed positive performance, with the VNIndex rising 1.1% for the week, highlighting the divergence between the underlying and covered warrant markets.2026년 9월 22일

Market Traders 2026/09/22: Record-high foreign net buying
Foreign capital inflows were primarily concentrated in FPT (+VND571bn), HDB (+VND461bn), BSR (+VND423bn), MCH (+VND405bn), and SSB (+VND357bn). Conversely, selling pressure was mainly concentrated in large-cap stocks, including VIC (-VND1.0tn), VHM (-VND709bn), VIX (-VND198bn), DMX (-VND172bn), and VND (-VND130bn).2026년 9월 22일

38W26: Interbank rates surge as SBV extends liquidity drain
During 38W26, the SBV intensified its net liquidity withdrawal through open market operations as system-wide liquidity remained ample, pushing interbank rates higher across the curve. In tandem, government bond yields edged higher across short-to-medium tenors amid stronger secondary-market trading activity. On the FX front, USDVND climbed back above the key 26,000 level, tracking the greenback’s post-Fed-hike rebound despite continued support from foreign net inflows.2026년 9월 21일

Market commentary 2026/09/21: Market reversal
The market closed lower alongside increased liquidity, partly influenced by portfolio rebalancing activities by ETF funds. This contributed to higher trading value but did not fully reflect an increase in active selling pressure. Against this backdrop, capital flows remained cautious, while the short-term trend has yet to show clear signs of improvement.2026년 9월 21일

Chart of the day 2026/09/21: Watch for further confirmation signals
The signals lack consistency after the sharp decline in the final session of last week. Investors should therefore stay cautious and watch for further confirmation signals before they reopen new positions.2026년 9월 21일

Derivatives 2026/09/21: Selling pressure near the peak
The short-term uptrend faces a challenge amid inconsistent signals. Traders should therefore stay cautious and wait for further signals in the next session before they reopen new positions.2026년 9월 21일

Market commentary 2026/09/18: Positive sentiment returning?
The market posted gains, mainly driven by large-cap stocks, while liquidity also improved. The index’s recovery above most of its key moving averages indicates an improvement in the short-term trend, opening the possibility for the uptrend to resume.2026년 9월 18일

Derivatives 2026/09/18: Breakout signal
The breakout session confirmed the short-term uptrend. Therefore, traders may reopen long positions in the next session.2026년 9월 18일

Market commentary 2026/09/17: Mixed performance
The market closed slightly lower as liquidity remained low, indicating that capital flows continued to be cautious. In addition, the continued tug-of-war suggests that the market may be entering a short-term accumulation phase.2026년 9월 17일

Derivatives 2026/09/17: Liquidity declines
Current signals remain mixed. Therefore, traders should stay cautious, monitor the market closely, and wait for further confirmation before they open new positions.2026년 9월 17일

Market commentary 2026/09/16: Gains return
The market posted strong gains and reclaimed its 20-period moving average, indicating an improvement in the short-term technical outlook. However, the significant decline in liquidity suggests that the rally has yet to receive clear confirmation from capital flows. Therefore, the current rebound may still be technical in nature.2026년 9월 16일

Derivatives 2026/09/16: Await confirmation signals
The signals lack consistency. Therefore, traders should observe the market cautiously and wait for additional confirmation signals before opening new positions.2026년 9월 16일

Market Traders 2026/09/16: Foreign investors continued net selling
Over the past week, foreign investors maintained strong selling pressure, recording net selling of approximately VND1.6tn.2026년 9월 16일

Derivatives 2026/09/15: Liquidity remains high
The downtrend may already be confirmed. Traders should therefore observe the market cautiously and may open additional short positions in the next session.2026년 9월 15일

Market commentary 2026/09/15: Correction risks remain
The market closed lower alongside an increase in liquidity, reflecting signs of intensifying selling pressure and continued cautious sentiment. At the same time, the index remained below most of its key moving averages, indicating that the short-term trend remains negative and correction risks are still present.2026년 9월 15일

Covered warrant 2026/09/15: Cautious performance
During the week, trading activity in the covered warrant market remained subdued, with low liquidity and declining warrants continuing to outnumber gainers, reflecting cautious investor sentiment. This performance was relatively in line with the underlying market, as the index recorded a sharp decline of 3.1% for the week.2026년 9월 15일

37W26: SBV shifts to net liquidity withdrawal while USDVND eases sharply
During 37W26, the SBV shifted back to a net liquidity withdrawal stance via open market operations, absorbing excess funds as physical currency steadily returned to the banking system post-holiday. Interbank rates extended their downward trend across key short-to-medium tenors alongside moderating turnover, confirming that system liquidity has remained comfortable despite late-week upticks at the long end. On the FX front, the domestic USDVND exchange rate dropped firmly, decisively breaking below the 26,000 benchmark alongside a marginally softer greenback, even as foreign investors sustained net portfolio outflows and elevated crude oil prices fueled global rate hike expectations.2026년 9월 14일

Chart of the day 2026/09/14: A reversal?
The uptrend may reverse if signs of weakness continue to appear. Investors should therefore remain cautious and reduce their stock holdings to a safe level.2026년 9월 14일

Derivatives 2026/09/14: A downtrend ahead?
A downtrend may form in the short term. If a confirmation signal appears in today's session, traders may consider opening Short positions.2026년 9월 14일