Foreign Net Sell-Off Nears VND 400 Billion on April 25th, MWG Unexpectedly Bought

Foreign investors continued their selling spree on the Ho Chi Minh Stock Exchange (HOSE), net selling a whopping VND466 billion ($20.2 million) on Tuesday.

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After yesterday’s rally, demand cooled down, preventing the VN-Index from maintaining its upward momentum. The index closed the session on April 25 with a decrease of 0.64 points (0.05%) at 1,204. Cautious money flow caused liquidity matched orders on HOSE to plunge by 29% compared to the previous session, at VND12,000 billion. Foreign trading was lackluster as they net sold VND398 billion across the market.

On HOSE, foreign investors net sold to the tune of approximately VND466 billion.

On the buy side, MWG shares were net bought by foreign investors with the highest value of VND210 billion. MWG shares also recorded a positive increase of 2.9% in today’s session. In addition, VND and TPB were the next two stocks to be net bought, with 45 each on HOSE.

Conversely, FUEVFVND suffered the strongest selling pressure from foreign investors with a value of VND278 billion, followed by DIG which was also sold for VND44 billion.

On HNX, foreign investors net bought VND89 billion

On the buy side, PVS was net bought most strongly with a value of VND79 billion. In addition, LAS ranked next in terms of strong net buying on HNX with VND16 billion. Foreign investors also spent a few billion dong to collect IDC, DTD, and MBS.

On the contrary, SHS was the stock that suffered the strongest net selling pressure from foreign investors, with a value of nearly VND12 billion; followed by CEO which was sold for approximately VND5.4 billion.

On UPCOM, foreign investors net sold VND21 billion

On the buy side, BSR shares were bought by foreign investors for nearly VND2.2 billion. Following that, LTG and MPC were also net bought for a few billion dong each.

Conversely, ACV today was net sold by foreign investors for approximately VND7.3 billion; they also net sold VEA, QNS, and others.

SOURCEcafef
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