The Vietnamese stock market did not start the new week positively as the VN-Index sharply reversed. Selling pressure appeared right from the opening of the morning session, pushing the VN-Index down to the 1,220-point level. However, bottom-fishing demand emerged, helping stocks recover and narrowing the index’s decline. The VN-Index closed the session on March 18 at 1,243.56 points, down more than 20 points compared to the previous session.
Foreign transactions were a negative factor as net selling exceeded VND 900 billion across the market.
In that context, securities companies’ proprietary trading desks recorded significant net buying worth VND 1,339 billion.
On HoSE, the proprietary trading desks recorded net buying worth VND 1,297 billion, of which net buying was VND 509 billion in the matching order channel and net buying of VND 788 billion in the negotiated order channel.
Specifically, securities companies’ strongest net buying was seen in FUEVFVND fund certificates with VND 842 billion, followed by HPG and MBB with net buying worth VND 116 billion and VND 77 billion, respectively. Additionally, GAS and FPT were also net bought with VND 37 billion and VND 31 billion, respectively.
On the other hand, trading by securities companies focused on net selling TCH and PHR shares with net selling worth VND 11 billion and VND 8 billion, respectively. In addition, there were a number of stocks that were net sold in today’s session, including VPB, VHM, PDR, LPB, and HAH.
On UPCoM, proprietary trading desks net bought nearly VND 5 billion, with the focus on DDV, which was net bought with nearly VND 3.5 billion, and QNS, which was also net bought with VND 2 billion. On the other hand, BSR was net sold more than VND 960 million.
