The stock market entered today's trading session on November 7 with not very positive signals as supply continued to increase, although not too much, the red color gradually spread, causing the VN-Index to decrease early and retreat to nearly 1,620 points.
The biggest pressure is bluechips, such as HDB, STB, VIC, VHM, VJC when they lose 2% to more than 3%. Meanwhile, liquidity is still "disappearing", transactions are gloomy, in the context of investors putting caution first.
At the end of the morning session, HOSE had 81 stocks increase and 215 stocks decrease, VN-Index decreased by 21.17 points, down to 1,621.47 points. The total trading volume reached more than 270.7 million units, worth VND 7,986.6 billion.
It can be seen that the VN-Index has experienced a long period of price increase and become one of the hottest growing markets in the world since the beginning of 2025, but since August it has entered the adjustment and accumulation stage. During the sideway phase, the morning sessions are brilliant and in the afternoon session, they reverse strongly, often appearing.
The stock market fluctuated like a "floating boat" with rapid reversals in one trading session. Unexpected fluctuations left many investors unable to react, and their accounts plummeted in an instant. That shows the cautious reaction of cash flow to macro signals and policies is unclear, complicated by sensitive speculative psychology.
Dr. Nguyen Duy Phuong, Director of Strategic Investment at DG Capital, commented that the large fluctuations in the market are mainly dominated by the group of domestic individual investors, accompanied by the increase of "hot" cash flow in accounts. When investors use high leverage, margin balance by the end of the third quarter of 2025 reaches a record high, investor sentiment fluctuates with each shake-up, just a macro news or a slightly negative policy can also trigger strong selling pressure. The strong market fluctuations in the session showed that the short-term sentiment is still uncertain and has not found a real balance.
After a series of VN-Index decreases by more than 10% from the peak, investors are always looking forward to the "light at the end of the tunnel". Just one session of VN-Index increased sharply, the green color covered the electricity billboard, emotions immediately changed from fear to excitement.
However, not all blue colors signal that the market has created a bottom. Many times in the past, seemingly solid recovery sessions are just a "technical recovery wave" - a period when stock prices increase temporarily, before the market continues to adjust.
Market liquidity needs to return to about 1 billion shares/session, because large liquidity is fuel for the market to conquer new peaks. Investors should still take advantage of technical recovery sessions to restructure and continue selling stocks with signs of weakening, thereby bringing the portfolio ratio to a safe level. Only " selectively" hold potential stocks. Do not rush to buy and chase in the technical hoi span if any., Dr. Phuong stated his opinion.
