The week of August 5-9 witnessed significant volatility in the stock market. The benchmark index dropped nearly 50 points in the first trading session, falling below the 1,200 mark. However, buying pressure quickly returned, stabilizing and boosting the VN-Index. Nonetheless, the index closed the week 12.96 points (-1.05%) lower at 1,223.64. Trading volume slightly decreased compared to the previous week.
Additionally, a major setback came from foreign investors’ continuous net selling, significantly impacting domestic investors’ sentiment. According to statistics, after five trading sessions, foreign investors net sold VND 3,979 billion on the entire market.
According to stock statistics, two stocks witnessed net selling in the billions of VND during the week. Specifically, foreign investors net sold VJC shares worth VND 1,127 billion and VHM shares worth VND 1,109 billion. On the selling side, HPG and CTB also witnessed net selling of VND 553 billion and VND 498 billion, respectively.
The list of net-sold stocks also included VPB, which was offloaded with a net value of VND 316 billion. STB, MWG, SSI, and AGG were among the stocks that witnessed net selling of over VND 100 billion by foreign investors during the week.
