The stock market witnessed a significant decline after hesitating at the 1,250-point resistance level. The VN-Index closed on August 1 with a loss of 25 points (-1.96%) to settle at 1,226 points. The market was painted red with 777 declining stocks far outnumbering gainers. Foreign investors’ net buying was a bright spot, with a net purchase value of VND123 billion across all markets.
On the Ho Chi Minh Stock Exchange (HoSE), foreign investors net bought VND61 billion.
In the buying column, VCB was the top stock purchased by foreign investors, with a net buy value of VND192 billion. VNM and MWG followed suit, with net buy values of VND159 billion and VND110 billion, respectively. Additionally, MSN and DBC also witnessed net buying of VND83 billion and VND56 billion, respectively.
On the other hand, FPT faced the strongest selling pressure from foreign investors, with a net sell value of nearly VND162 billion. SSI and VIX were also offloaded, with net sell values of VND113 billion and VND71 billion, respectively.
On the Hanoi Stock Exchange (HNX), foreign investors net bought VND32 billion
In terms of buying, IDC witnessed the strongest net buying, with a value of VND11 billion. TNG followed suit, with a net buy value of VND4 billion. Foreign investors also spent a few billion dong to net buy LAS, VGS, and BVS.
On the opposite side, MBS faced net selling pressure from foreign investors, with a value of nearly VND1 billion. DHT, HUT, and PVI also witnessed net selling of a few hundred million dong.
On the Unlisted Public Company Market (UPCOM), foreign investors net bought VND30 billion
On the contrary, PHP was net sold by foreign investors, with a value of nearly VND1 billion. Additionally, foreign investors also net sold PAT, VEA, and a few other stocks…
