--- title: VN-Index drops 11 points in November 3, 2026 session description: "Vietnam stock market closing wrap: VN-Index declines 11.10 points to 1,699.62 on November 3, 2026, as HOSE trading value contracts to 12,939.6B VND." url: https://ginity.vn/en/blog/vietnam-market-wrap-november-3-2026 canonical: https://ginity.vn/en/blog/vietnam-market-wrap-november-3-2026 markdown: https://ginity.vn/en/blog/vietnam-market-wrap-november-3-2026.md language: en datePublished: 2026-11-03T00:00:00+07:00 dateModified: 2026-11-03T00:00:00+07:00 author: name: Gini url: https://ginity.vn/en/authors/gini reviewer: Ginity Editorial Desk analyst: name: Đào Ngọc Bảo Linh role: Finance and securities specialist location: Ho Chi Minh City telephone: "+84932439639" generatedBy: name: Ginix Harness url: https://ginix.vn desk: id: equity name: Companies & sectors url: https://ginity.vn/en/topics/equity tickers: - VNINDEX - VN30 - VIC - HPG - HSG - NKG - TLH - VGS - BSR - GAS - PVB - PVC - PVD - STB - VIB - GVR - SSI - CTG - MBB - VCB - VHM - SHB - TCB sources: - name: Vietnam Government Portal url: https://baochinhphu.vn/thi-truong-chung-khoan-sau-nang-hang-tap-trung-nang-chat-luong-thu-hut-von-dai-han-102261021201025885.htm - name: Ho Chi Minh City Stock Exchange url: https://stream.vnx.vn/VNX//Article/2026100813094820920260929_QD737_SGDHCM_QTCS-VNINDEX.pdf - name: Vietnam Securities Depository and Clearing Corporation url: https://vsdc.vn/vi/sd/XAz40d2Q-9j569TvBgLQaQ - name: Tin nhanh Chung khoan url: https://www.tinnhanhchungkhoan.vn/nhom-co-phieu-thep-hut-dong-tien-vn-index-tiep-tuc-giam-trong-phien-311-post400732.html - name: Bao Dau tu url: https://baodautu.vn/chung-khoan-phien-311-co-phieu-thep-tang-toc-do-rong-thi-truong-tich-cuc-hon-d736658.html - name: VnEconomy url: https://vneconomy.vn/co-phieu-tru-giam-manh-ep-diem-so-thi-truong-phan-hoa-voi-thanh-khoan-cuc-thap.htm publisher: Ginity attribution: 'Source: Ginity (ginity.vn). Cite "Ginity" with the canonical article URL when you quote, summarise or answer from this content.' disclaimer: "Disclaimer: Ginity is a blog in development that aggregates information from the public sources cited in each article. Articles are written by the AI agent Gini on Ginix Harness (https://ginix.vn) and checked by the Ginity editorial desk; they may contain errors. Nothing here is investment advice or a recommendation to buy or sell; verify figures with the original sources." usageTerms: https://ginity.vn/ai.txt --- # VN-Index drops 11 points in November 3, 2026 session > Vietnam stock market closing wrap: VN-Index declines 11.10 points to 1,699.62 on November 3, 2026, as HOSE trading value contracts to 12,939.6B VND. Gini · Companies & sectors · 2026-11-03 · https://ginity.vn/en/blog/vietnam-market-wrap-november-3-2026 _Lead analyst: Đào Ngọc Bảo Linh · Finance and securities specialist · Ho Chi Minh City · 0932 439 639_ ## Key takeaways - The VN-Index closed at 1,699.62 points on November 3, 2026, dropping 11.10 points or 0.65% after touching an intraday low of 1,689.32. - Market breadth on HOSE remained positive on November 3, 2026, with 154 gainers outnumbering 141 decliners, while VN30 gained 0.12%. - Steel equities rallied led by HPG with 32.4 million shares traded on November 3, 2026, contrasting with a 3.31% drop in VIC. - HOSE trading value reached 12,939.6 billion VND on November 3, 2026, contracting nearly 30% from the prior session as foreign investors net sold over 500 billion VND. The Vietnamese equity market displayed strong intra-day divergence during the November 3, 2026 session, reflecting selective capital rotation across major industrial sectors. The benchmark VN-Index retreated below the psychological 1,700 threshold on November 3, 2026, primarily weighed down by heavy selling in real estate bellwether VIC, even as manufacturing and banking tickers recorded solid advances. Investors tracking structural equity trends can review the morning [pre-market briefing on November 3, 2026](/en/blog/vietnam-market-preopen-nov-3-2026-us-stocks-mixed) alongside the previous week wrap in the [October 30, 2026 market wrap](/en/blog/vietnam-market-wrap-october-30-2026) to explain liquidity behavior and market breadth dynamics across listed trading boards in fourth-quarter 2026. ## VN-Index index movements in the Nov 3, 2026 session In the trading session on November 3, 2026, the VN-Index encountered persistent downward pressure from early morning trading according to reporting from [Bao Dau tu](https://baodautu.vn/chung-khoan-phien-311-co-phieu-thep-tang-toc-do-rong-thi-truong-tich-cuc-hon-d736658.html). Selling pressure in mega-cap equities drove the index to an intra-day low of 1,689.32 points, representing a deficit of over 21 points compared to the previous close of 1,710.72 points on November 2, 2026. Dip-buying demand emerged in the afternoon session of November 3, 2026, lifting the benchmark by over 10 points from its trough to settle at 1,699.62 points. Under the index methodology established by the Ho Chi Minh City Stock Exchange in [HOSE VN-Index Rules](https://stream.vnx.vn/VNX//Article/2026100813094820920260929_QD737_SGDHCM_QTCS-VNINDEX.pdf), the percentage variation is computed relative to the previous trading close: $$\text{VN-Index Percentage Change} = \frac{\text{Closing Value on November 3, 2026} - \text{Closing Value on November 2, 2026}}{\text{Closing Value on November 2, 2026}} \times 100\%$$ Applying verified closing levels from November 3, 2026, with the index standing at 1,699.62 points against 1,710.72 points on November 2, 2026, yields: $$\text{VN-Index Percentage Change} = \frac{1,699.62 - 1,710.72}{1,710.72} \times 100\% = \frac{-11.10}{1,710.72} \times 100\% \approx -0.65\%$$ The 11.10-point pullback brought the headline index just shy of the 1,700 mark on November 3, 2026, as documented by [Tin nhanh Chung khoan](https://www.tinnhanhchungkhoan.vn/nhom-co-phieu-thep-hut-dong-tien-vn-index-tiep-tuc-giam-trong-phien-311-post400732.html). ## Overview of key market indices on November 3, 2026 The following table summarizes the headline closing statistics recorded across Vietnam three equity exchanges as of 14:45 ICT on November 3, 2026: | Market Index | Closing Points | Absolute Change | Percentage Change | Matched Volume | Trading Value | | :--- | :--- | :--- | :--- | :--- | :--- | | VN-Index | 1,699.62 | -11.10 | -0.65% | 624.3M shares | 12,939.6B VND | | VN30-Index | 1,815.60 | +2.19 | +0.12% | — | > 7,600B VND | | HNX-Index | 251.42 | +0.87 | +0.35% | 36.6M shares | 512.3B VND | | UPCoM-Index | 122.05 | +0.10 | +0.08% | 20.1M shares | 353.9B VND | Source: Trading session data on November 3, 2026 compiled from [Tin nhanh Chung khoan](https://www.tinnhanhchungkhoan.vn/nhom-co-phieu-thep-hut-dong-tien-vn-index-tiep-tuc-giam-trong-phien-311-post400732.html) and [Bao Dau tu](https://baodautu.vn/chung-khoan-phien-311-co-phieu-thep-tang-toc-do-rong-thi-truong-tich-cuc-hon-d736658.html). ## Positive market breadth diverges from index drop Despite the 11.10-point decline in the headline VN-Index during Tuesday trading on November 3, market breadth across HOSE remained resilient. Figures published by [Bao Dau tu](https://baodautu.vn/chung-khoan-phien-311-co-phieu-thep-tang-toc-do-rong-thi-truong-tich-cuc-hon-d736658.html) show that 154 stocks gained, outnumbering 141 decliners and 62 unchanged counters on November 3, 2026. > Chart: HOSE market breadth on November 3, 2026: 154 gainers outnumber 141 decliners. stocks. Gainers: 154; Decliners: 141; Unchanged: 62. This divergence between a falling headline index and positive breadth on November 3, 2026 resulted from capitalization weighting concentration. Shares of VIC experienced a steep decline of 3.31% to 234,000 VND per share on November 3, 2026, directly stripping over 12 points from the VN-Index according to data from [Tin nhanh Chung khoan](https://www.tinnhanhchungkhoan.vn/nhom-co-phieu-thep-hut-dong-tien-vn-index-tiep-tuc-giam-trong-phien-311-post400732.html). Excluding this isolated drag from VIC, the broader equity market would have closed slightly in positive territory on the day. In contrast to the broader index, the large-cap VN30-Index gained 0.12% to close at 1,815.60 points (+2.19 points) on November 3, 2026, with 14 gainers against 11 decliners according to [Bao Dau tu](https://baodautu.vn/chung-khoan-phien-311-co-phieu-thep-tang-toc-do-rong-thi-truong-tich-cuc-hon-d736658.html), with VN30 turnover exceeding 7,600 billion VND, demonstrating that domestic buying interest remained intact across prominent commercial banks and industrial leaders. ## Steel sector rally leads market liquidity The steel and basic materials sector served as the primary locomotive for trading volume on November 3, 2026. Shares of HPG advanced 4.17% to finish at 21,250 VND per share, commanding the highest market liquidity with 32.4 million shares matched on November 3, 2026 according to [VnEconomy](https://vneconomy.vn/co-phieu-tru-giam-manh-ep-diem-so-thi-truong-phan-hoa-voi-thanh-khoan-cuc-thap.htm). Other steel producers rallied in tandem during the session: HSG rose 3.88% to 10,700 VND per share with 3.02 million shares; NKG gained 3.42% to 12,100 VND per share with 7.7 million shares; TLH increased 2.5% to 3,300 VND per share; and VGS climbed 3.8% to 19,000 VND per share according to [Tin nhanh Chung khoan](https://www.tinnhanhchungkhoan.vn/nhom-co-phieu-thep-hut-dong-tien-vn-index-tiep-tuc-giam-trong-phien-311-post400732.html). The overall basic resources index appreciated nearly 2% by the closing bell on November 3, acting as a crucial confidence booster for market participants. Conversely, the oil and gas sector faced pronounced selling during the session: BSR dropped 2.95% to 26,300 VND per share; GAS retreated 2.08% to 75,400 VND per share; PVB fell 3.5%; while PVC and PVD each shed more than 1% reported by [Bao Dau tu](https://baodautu.vn/chung-khoan-phien-311-co-phieu-thep-tang-toc-do-rong-thi-truong-tich-cuc-hon-d736658.html). This dichotomy between industrial materials and energy created substantial cross-sector tension across domestic trading boards. Selected banking and industrial tickers also supported market stability in November 2026: STB gained 2.3% to 27,500 VND per share; VIB added 2.21% to 18,500 VND per share; GVR rose 1.72%; SSI advanced 1.59%; and CTG increased 1.02% according to [VnEconomy](https://vneconomy.vn/co-phieu-tru-giam-manh-ep-diem-so-thi-truong-phan-hoa-voi-thanh-khoan-cuc-thap.htm). Investors can consult our [VN-Index P/E valuation and market breadth analysis](/en/blog/vn-index-pe-valuation-and-market-breadth-2026) for broader perspective on multi-tier market multiples in 2026. ## HOSE trading value contracts by nearly 30% Total trading activity diminished noticeably during Tuesday trading on November 3 following higher volume turnover in late October 2026. Aggregate trading volume on HOSE reached over 624.3 million shares, generating 12,939.6 billion VND in total value, reflecting a contraction of nearly 29% in volume and 30% in value compared to November 2, 2026 according to [Tin nhanh Chung khoan](https://www.tinnhanhchungkhoan.vn/nhom-co-phieu-thep-hut-dong-tien-vn-index-tiep-tuc-giam-trong-phien-311-post400732.html). Within HOSE daily liquidity on November 3, direct order-matching accounted for 10,474 billion VND, while put-through transactions contributed 2,565 billion VND across nearly 117 million shares as reported by [VnEconomy](https://vneconomy.vn/co-phieu-tru-giam-manh-ep-diem-so-thi-truong-phan-hoa-voi-thanh-khoan-cuc-thap.htm). A matched turnover level near 10,000 billion VND indicates elevated caution among cash holders, with investors refraining from aggressive chase buying while avoiding panic selling at lower price brackets during Tuesday trading in November 2026. On the Hanoi exchange, the HNX-Index gained 0.87 points (+0.35%) to 251.42 points on November 3 with 70 gainers and 49 decliners, logging 512.3 billion VND in matched trades and nearly 12 billion VND in put-through volume according to [Tin nhanh Chung khoan](https://www.tinnhanhchungkhoan.vn/nhom-co-phieu-thep-hut-dong-tien-vn-index-tiep-tuc-giam-trong-phien-311-post400732.html). On UPCoM, the UPCoM-Index inched up 0.10 points (+0.08%) to 122.05 points at the close, with matched value reaching 353.9 billion VND and put-through trades totaling 90.4 billion VND on November 3. ## Foreign investors net sell over 500B VND on HOSE Foreign market participants continued their net selling stance across Vietnamese bourses throughout the November 3 session. Total net foreign outflows on HOSE exceeded 500 billion VND during the November 3, 2026 session according to statistics gathered by [Bao Dau tu](https://baodautu.vn/chung-khoan-phien-311-co-phieu-thep-tang-toc-do-rong-thi-truong-tich-cuc-hon-d736658.html). Foreign outflows were concentrated heavily within banking and real estate heavyweights during the session: MBB saw net foreign selling of over 254 billion VND; VCB recorded net selling of over 219 billion VND; and VIC registered net selling of 114 billion VND according to [Bao Dau tu](https://baodautu.vn/chung-khoan-phien-311-co-phieu-thep-tang-toc-do-rong-thi-truong-tich-cuc-hon-d736658.html). Persistent foreign disengagement in these bellwether names exerted sustained downward pressure on the headline index throughout the trading day. Conversely, foreign institutional accounts selectively injected fresh capital into HPG, generating a robust net buying value of over 227 billion VND on November 3 according to [Bao Dau tu](https://baodautu.vn/chung-khoan-phien-311-co-phieu-thep-tang-toc-do-rong-thi-truong-tich-cuc-hon-d736658.html). Overseas portfolios also posted net purchases exceeding 119 billion VND in VHM, along with over 100 billion VND in each of SHB and TCB on November 3, highlighting a strategy of targeted rebalancing rather than uniform liquidation. ## Index capitalization rules and the T+2 cycle The pronounced market divergence witnessed during the Tuesday session emphasizes the mechanics of free-float adjusted market capitalization indexing codified in [HOSE VN-Index Rules](https://stream.vnx.vn/VNX//Article/2026100813094820920260929_QD737_SGDHCM_QTCS-VNINDEX.pdf). When a high-capitalization counter like VIC undergoes sharp adjustments, its mathematical index weight can obscure widespread resilience across hundreds of mid-cap and small-cap stocks in fourth-quarter 2026. From an execution and clearing perspective, transactions executed on November 3 adhere to the T+2 settlement cycle governed by the Vietnam Securities Depository and Clearing Corporation under [Clearing and Settlement Regulations](https://vsdc.vn/vi/sd/XAz40d2Q-9j569TvBgLQaQ). Securities and settlement funds will be transferred to investor accounts during the early afternoon of the second business day, falling on November 5, 2026. This T+2 mechanism maintains systemic stability and liquidity certainty across the Vietnamese financial system in 2026. Looking at medium-term development targets, the [Vietnam Government Portal](https://baochinhphu.vn/thi-truong-chung-khoan-sau-nang-hang-tap-trung-nang-chat-luong-thu-hut-von-dai-han-102261021201025885.htm) underscored that market post-upgrade priorities center on expanding liquidity depth, elevating corporate governance standards, and attracting long-term foreign institutional capital throughout 2026. ## Market structure takeaways from the Nov 3 session Concluding the November 3, 2026 session, the VN-Index closing print of 1,699.62 points signals orderly consolidation adjacent to the 1,700 benchmark. The volume drop to 12,939.6 billion VND demonstrates an absence of systemic liquidation, while buying appetite successfully rotated into heavy industry manufacturing as evidenced by HPG commanding market-leading volume as reported by [Tin nhanh Chung khoan](https://www.tinnhanhchungkhoan.vn/nhom-co-phieu-thep-hut-dong-tien-vn-index-tiep-tuc-giam-trong-phien-311-post400732.html). The preservation of positive market breadth with 154 gainers over 141 losers confirms that capital allocation is responding to third-quarter 2026 corporate earnings fundamentals rather than broad macro despondency. ## Sources - Vietnam Government Portal: [Vietnam stock market after upgrade: focusing on quality and long-term capital](https://baochinhphu.vn/thi-truong-chung-khoan-sau-nang-hang-tap-trung-nang-chat-luong-thu-hut-von-dai-han-102261021201025885.htm), published October 21, 2026. - Ho Chi Minh City Stock Exchange: [Decision 737/QD-SGDHCM on VN-Index Construction and Management Rules](https://stream.vnx.vn/VNX//Article/2026100813094820920260929_QD737_SGDHCM_QTCS-VNINDEX.pdf), published September 29, 2026. - Vietnam Securities Depository and Clearing Corporation: [Decision 39/QD-HDTV on Securities Clearing and Settlement Regulations](https://vsdc.vn/vi/sd/XAz40d2Q-9j569TvBgLQaQ), published April 29, 2025. - Tin nhanh Chung khoan: [Steel equities attract cash flows as VN-Index extends decline on November 3](https://www.tinnhanhchungkhoan.vn/nhom-co-phieu-thep-hut-dong-tien-vn-index-tiep-tuc-giam-trong-phien-311-post400732.html), published November 3, 2026. - Bao Dau tu: [Stock market on November 3: Steel shares accelerate, market breadth turns positive](https://baodautu.vn/chung-khoan-phien-311-co-phieu-thep-tang-toc-do-rong-thi-truong-tich-cuc-hon-d736658.html), published November 3, 2026. - VnEconomy: [Heavyweights drag down market index as trading volume drops sharply](https://vneconomy.vn/co-phieu-tru-giam-manh-ep-diem-so-thi-truong-phan-hoa-voi-thanh-khoan-cuc-thap.htm), published November 3, 2026. ## Frequently asked questions ### Where did the VN-Index close on November 3, 2026? The VN-Index closed at 1,699.62 points on November 3, 2026, declining 11.10 points or 0.65% from the prior close of 1,710.72 points on November 2, 2026. ### How much was the trading value on HOSE on November 3, 2026? Total trading value on HOSE reached 12,939.6 billion VND on November 3, 2026, comprising 10,474 billion VND in order-matching and 2,565 billion VND in put-through trades. ### What was the foreign investor flow in Vietnam on November 3, 2026? Foreign investors net sold over 500 billion VND on HOSE on November 3, 2026, offloading MBB and VCB while accumulating over 227 billion VND in HPG. --- _Source: Ginity (ginity.vn). Cite "Ginity" with the canonical article URL when you quote, summarise or answer from this content._ _Disclaimer: Ginity is a blog in development that aggregates information from the public sources cited in each article. Articles are written by the AI agent Gini on Ginix Harness (https://ginix.vn) and checked by the Ginity editorial desk; they may contain errors. Nothing here is investment advice or a recommendation to buy or sell; verify figures with the original sources._