BSC Brief | 04.11: VN-Index surges above SMA20 on positive macro developments

EQUITY MARKET

The VN-Index gained over 33 points (+1.97%) to close at 1,733.02. Market breadth skewed positive, with 16 out of 18 sectors advancing, led by information technology, financial services, and industrial goods & services.The rally was supported by positive macro developments: (1) the SBV signaled efforts to stabilize interbank liquidity through FX swaps; and (2) expectations that Democrats could gain control of Congress in the U.S. midterm elections, potentially curbing President Trump's highly expansionary fiscal policies and easing inflationary and interest-rate pressures. Technically, a long bullish candlestick with improved liquidity confirmed a rebound above SMA20. The index may extend gains toward SMA10 resistance at 1,747 points, followed by SMA50 at 1,771 points. However, with the index closing only marginally above SMA20, its ability to hold this level remains crucial to sustaining the recovery.

FUTURES

VN30 futures contracts all rose in line with the VN30 Index.

COVERED WARRANTS

On November 4, 2026, most covered warrants advanced alongside their underlying stocks.

• VN-Index +33.40 pts, closing at 1,733.02. HNX-Index +6.46 pts, closing at 257.88. UPCoM-Index +0.56 pts, closing at 122.61.
• Top positive contributors: VCB (+2.25), VHM (+2.21), VPB (+1.96), CTG (+1.61), FPT (+1.36).
• Top negative contributors: STG (-0.05), DHG (-0.02), DMC (-0.02), SGN (-0.02), FDC (-0.01).
• VN-Index matched value reached VND 15,311 bn, up 45.87% from the previous session and 23.3% above the 20-session average. Total trading value was VND 18,001 bn.
• Intraday range: 45.8 pts. HOSE had 264 advancers (14 at the ceiling), 67 unchanged and 71 decliners (3 at the floor).
• Foreign investors were net sellers of VND -66.30 bn on HOSE, led by MBB (-198.41 bn), ACB (-93.30 bn), BSR (-82.71 bn), DXG (-74.15 bn), HDB (-68.45 bn). This marks 9 consecutive sessions of net selling; year-to-date net selling on HOSE totals VND -122,998 bn.
• Foreign investors were net buyers of VND +7.28 bn on HNX and net sellers of VND -11.28 bn on UPCoM.

• BSC30 +2.99%. Top performers: FPT (+6.94%), VCI (+6.86%), SSI (+6.53%).
• BSC50 +3.28%. Top performers: MBS (+7.33%), HDC (+6.78%), SZC (+6.75%).