Unexpected foreign selling, individuals seize buying opportunity

Active selling pressure dominated the session, pushing liquidity close to the 29 trillion VND mark. Surprisingly, foreign investors sold off a hefty 417.2 billion VND, with a net selling value of 483.7 billion VND in matched transactions alone...

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The market pressure was justified after several sessions of breakthroughs mainly based on banking stocks. The tug-of-war index was quite strong, although it only slightly decreased by 1.82 points to the 1,252 range. The temporary breadth tilted towards the declining side with 262 stocks decreasing compared to 214 stocks increasing.

In which, the banking group reversed direction, dropping 0.52% with most stocks adjusting. BID decreased by 1.67%; CTG decreased by 1.11%; MBB decreased by 1.02%, these three stocks stood out in the market. The remaining pillars decreased insignificantly. Real estate also adjusted by 0.89%; Oil and gas decreased by 0.11%.

The money flow showed signs of shifting from large-cap stocks to mid and small-cap stocks. Retail bounced back and increased by 2.65%; Securities increased by 1.23%; Seafood increased by 1.87%; Food and beverages increased by 0.95%; Agriculture increased by 1.12%; Information technology increased by 0.55%. Along with that, the top stocks supporting the index today were MSN, HPG, KDH, SSI, MWG, FRT. These stocks contributed 2.6 points to the market.

Selling pressure dominated the session, pushing liquidity close to the 29,000 billion VND mark, in which foreign investors unexpectedly sold strongly with a net sell of 417.2 billion VND, in terms of matching orders, they net sold 483.7 billion VND. Net buying through matching orders by foreigners were in the Basic resources and Financial services groups. The top net buying through matching orders by foreigners includes the following tickers: SSI, HPG, NLG, KDH, KBC, VIX, DXG, BMP, FTS, VGC.

In terms of net selling through matching orders, foreigners net sold in the Real estate group. The top net selling through matching orders by foreigners includes the following tickers: VHM, VRE, VNM, HCM, FUEVFVND, TPB, HAH, DBC, GVR.

Individual investors net bought 527.1 billion VND, of which they net bought through matching orders was 463.6 billion VND. In terms of matching orders, they net bought in 11 out of 18 sectors, mostly in the Real estate sector. The top net buying by individual investors include: VHM, VRE, NVL, HCM, VNM, HAH, TPB, GVR, VIC, VCB.

In terms of net selling through matching orders: they net sold in 7 out of 18 sectors, mostly in the Financial services and Basic resources groups. The top net selling includes: SSI, HPG, VIX, KDH, ACB, NLG, TCB, BMP, DXG.

Proprietary traders net bought 170.9 billion VND, in terms of matching orders they net bought 191.6 billion VND. In terms of matching orders: Proprietary traders net bought in 10 out of 18 sectors. The strongest net buying group includes Financial services and Food and beverages. The top net buying through matching orders by proprietary traders today includes FUEVFVND, VNM, TCB, VRE, GAS, MSN, VPB, FUESSVFL, VCB, MBB.

The top net selling group is Real estate. The top stocks being net sold include SSI, NVL, STB, VIC, MWG, VIB, CTG, PNJ, PLX, GMD.

Domestic institutional investors net sold 311.2 billion VND, in terms of matching orders they net sold 171.5 billion VND. In terms of matching orders: Domestic institutional investors net sold in 11 out of 18 sectors, the largest value is in the Real estate group. The top net selling includes NVL, FUEVFVND, NLG, KBC, PC1, MBB, KDH, VCI, HAH, GVR.

The highest net buying value is in the Banking group. The top net buying includes ACB, E1VFVN30, ORS, CTR, HCM, PVD, STB, EVF, HDC, VND.

Off-exchange transactions reached 1,988.3 billion VND, increasing by 16.6% compared to the previous session and contributed 6.9% to the total trading value.

Some notable off-exchange transactions include MSB and LPB between Individuals and TCB between foreign investors.

The allocation of money flow increased in the Real estate, Securities, Food, Construction materials, Beer sectors while it decreased in the Banking, Steel, Construction, Farming & seafood, Retail, and Oil and gas sectors.

In terms of matching orders, the proportion of trading value remained almost unchanged in the large-cap group VN30 and mid-cap group VNMID while it decreased in the VNSML small-cap group.

SOURCEvneconomy
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