The Ho Chi Minh Stock Exchange (HoSE) saw a strong performance on May 16, with the VN-Index continuing its upward trajectory. The index closed the session up 14.39 points, or 1.268%, with trading volume surging to over VND 22,600 billion, a significant increase from the previous day.
Foreign investors were net buyers on the market, with a net purchase value of VND 3 billion across all exchanges.
On the HoSE, foreign investors recorded a slight net buy value of VND 6 billion.
In terms of stocks, MWG was once again the top pick for foreign investors, with a net buy value of VND 211 billion, marking the 15th consecutive session of net purchases. NLG and STB followed suit, with net purchases of VND 112 billion and VND 56 billion, respectively. BID and TCB were also among the top buys, with net purchases of VND 47 billion and VND 44 billion, respectively.
On the other hand, VHM faced the strongest selling pressure from foreign investors, with a net sell value of over VND 193 billion, marking multiple consecutive sessions of net selling. PVD, MBB, CTG, and TCH were also among the top stocks sold by foreign investors.
On the HNX, foreign investors recorded a net buy value of VND 63 billion.
IDC was the top stock purchased by foreign investors on the exchange, with a net buy value of VND 43 billion. PVS followed closely behind, with a net buy value of VND 21 billion. Additionally, foreign investors also made minor net purchases of MBS, DTD, and TIG.
On the selling side, TNG faced the highest net sell value of nearly VND 4 billion, followed by CEO, VCS, and BVS, which were sold off in the billions of VND.
On the UPCoM, foreign investors recorded a net sell value of VND 66 billion.
Contrarily, MCH faced significant net selling pressure from foreign investors, with a net sell value of approximately VND 37 billion. VEA, QNS, and LTG were also among the stocks that faced net selling by foreign investors.
