Foreign Investors Boost Net Buying on the Ho Chi Minh Stock Exchange for the Week of July 29 – August 2, Contrasting the Massive Sell-off of a Single Stock.

Over the past five sessions, foreign investors have offloaded a net sell of VND 427 billion across all markets, while net buying on the matching bargain channel stood at VND 546 billion.

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The stock market witnessed a volatile week with wide swings from July 29 to August 2. The VN-Index dipped towards the 1,210-point mark before rebounding to close above 1,235. The highlight of the week was the sharp decline of 24.55 points on Thursday, followed by a strong recovery of nearly 10 points on Friday. Despite the rebound, investor sentiment remained cautious, and liquidity was relatively subdued. Overall, the VN-Index shed 5.51 points (-0.44%) to close at 1,236.60.

Foreign investors surprised the market with a shift towards net buying, resulting in a positive net purchase value. Cumulative over five sessions, foreign investors sold a net VND427 billion on all exchanges, but bought a net VND546 billion in the matching order book and sold a net VND973 billion in the negotiated deals.

Breaking down by exchange, foreign investors sold a net VND400 billion on HoSE, VND61 billion on HNX, and bought a net VND35 billion on UPCoM.

Looking at individual stocks, VNM witnessed the strongest net buying from foreign investors, with a net purchase value of VND990 billion, almost entirely through matching orders. Foreign capital also flowed into MWG with a net purchase value of VND260 billion (mostly through matching orders). Additionally, foreign investors net bought MSN with a net value of VND228 billion. Other stocks that attracted notable net buying during the week included BID, VCB, …, with net purchase values exceeding VND100 billion over the five sessions.

CTG and VHM were also among the top net-sold stocks, with net selling values of VND145 billion and VND120 billion, respectively. PDR and SSI followed suit, with net outflows of VND120 billion and VND110 billion, respectively. VIX, HVN, HAH, VRE, … were also among the stocks that experienced net selling by foreign investors during the week.