The Vietnamese stock market just witnessed a rather positive trading session. The VN-Index hovered around the reference point during the morning session before an influx of capital pushed the main index up sharply towards the end of the session. At the close of the August 21 session, the VN-Index rose 11.5 points to 1,284.05. HoSE liquidity was high compared to the monthly average, with a value of 20,651 billion VND.
In terms of foreign trading, foreign investors returned to net sell more than 323 billion VND on the entire market. Specifically:
On HOSE, foreign investors net sold more than 218 billion VND
On the buying side, FPT shares were the most net bought by foreign investors in the market with a value of 274 billion VND. Following were CTG and VCB, which were also bought in the range of 193 to 131 billion VND. In addition, BID and TCH were also bought for about 30-41 billion VND.
On the opposite side, HPG faced the strongest net selling pressure from foreign investors with 157 billion VND, while MWG and MSN were also net sold for 96 billion VND and 75 billion VND, respectively.
On HNX, foreign investors net sold more than 92 billion VND
On the buying side, SHS and LAS were the most net bought with a value of 3 billion VND. Meanwhile, VTZ ranked next in the strong net buying book on HNX with 2 billion VND. In addition, foreign investors also spent a few hundred million VND to net buy TIG and VIG.
On the selling side, PVS faced the strongest net selling pressure from foreign investors with a value of 29 billion VND, followed by PVI, NTP, with net selling values of 18 billion VND and 17 billion VND, respectively. MBS and TNG were also net sold for nearly 10 billion VND.
On UPCOM, foreign investors net sold nearly 13 billion VND
In terms of net bought value, ACV shares were bought for 4 billion VND by foreign investors. Following were VEA and OIL, which were net bought for 2 billion VND each.
On the opposite side, QNS was net sold by foreign investors for nearly 9 billion VND. In addition, foreign investors also net sold MCH (-8 billion VND), NTC (-2 billion VND), etc.
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%.
Bank stocks sold off heavily
Today (2/2), the VN-Index continues to rise, but in a cautious trading atmosphere. It is noteworthy that most banking stocks in the VN30 basket are facing strong selling pressure.
