After two strong sessions to start the week, the stock market faced significant corrective pressure on August 21. The VN-Index fluctuated throughout the day before a late buying spree pushed it higher. It closed with an 11.5-point gain to finish at 1,284.05. However, foreign exchange transactions were a negative factor, as they net sold over VND 323 billion across the market.
Proprietary trading by securities companies recorded a net sell of VND 53 billion across the market.

On the HoSE, proprietary trading by securities companies net sold VND 55 billion, including a net sell of VND 71 billion in the matching orders but a net buy of VND 17 billion in the negotiated deals.
Specifically, FPT and VNM were the stocks that securities companies net sold the most, at VND 58 billion and VND 43 billion, respectively. Additionally, stocks like FRT, HCM, TCB, and POW were also net sold in the August 21 session.
On the other hand, VHM and LPB were the stocks that securities companies net bought the most, at VND 72 billion and VND 30 billion, respectively. Moreover, two fund certificates, E1VFVN30 and FUEVFVND, were also net bought, at VND 24 billion and VND 22 billion, respectively. ACB, DXG, DGC, and other stocks were also among the net bought stocks in today’s session.
On the UPCoM, proprietary trading by securities companies recorded a slight net sell, with QTP being net sold for less than VND 400 million.
Investing in a volatile market: Should beginners consider putting money into high-yield bonds for 10-30% yearly profit?
Short-term stock market trading has proven to be a risky venture for many investors, leading to substantial losses. However, there are a few select open funds that have managed to achieve impressive returns, reaching up to 30%.