Foreign Block Unexpectedly Sells Over VND 1,200 Billion in the May 8th Session, Which Stock Took the Biggest Hit?

After three consecutive buying sessions, foreign investors unexpectedly turned net sellers in the May 8 session.

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The VN-Index faced strong selling pressure at the opening of the session as blue-chip stocks struggled to gain traction. However, it regained its footing and oscillated within a narrow range before closing slightly higher by 1.83 points at 1,250. Market liquidity witnessed a significant improvement compared to the previous session, with the matching value on the HOSE surpassing VND19 trillion. Foreign investors unexpectedly turned net sellers after three consecutive net buying sessions, offloading stocks worth VND1,220 billion.

On the HOSE, foreign investors sold stocks net of approximately VND1,280 billion.

HPG was the most net bought stock by foreign investors, with a net value of VND83 billion. MWG followed suit with net purchases of VND68 billion, marking the ninth consecutive session of net buying. TCH and MSN were the next two stocks with notable net buying, recording VND56 billion and VND46 billion, respectively.

On the other hand, VHM faced the strongest selling pressure from foreign investors, with a net sell value of VND918 billion. TCB and PVD also witnessed notable net selling, with net sell values of VND219 billion and VND72 billion, respectively.

On the HNX, foreign investors were net buyers to the tune of VND74 billion

IDC topped the list of most net bought stocks on the HNX, with a net value of VND75 billion. MBS was the next stock that foreign investors favored, recording net purchases of VND16 billion. Additionally, they also invested a few hundred million VND each in VGS, PVS, and LAS.

In contrast, CEO faced the most significant net selling pressure from foreign investors on the HNX, with a net sell value of nearly VND7 billion. TNG, PLC, and SHS also witnessed net selling in the range of a few billion VND.

On the UPCOM, foreign investors sold stocks net of VND14 billion

Conversely, VGI faced net selling pressure from foreign investors, who offloaded stocks worth approximately VND7.6 billion. MCH, VGG, and TLG were also among the stocks that witnessed net selling by foreign investors.