The Foreigners’ Sell-Off of Nearly 500 Billion Dong of Vietnamese Stocks in the First Session of the Week: What’s the Focus?

The foreign sell-off pressure on the Ho Chi Minh Stock Exchange (HOSE) amounted to a net sell-off value of VND484 billion.

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The stock market experienced volatility during the first trading session of the week. The VN-Index closed the session on September 9 with a loss of 6.23 points, settling at 1,267. Trading volume remained low, with a value of over 11,600 billion VND on the HOSE. Foreign investors’ net selling put pressure on the market, with a net sell value of 469 billion VND for the whole market.

On the HOSE, foreign investors net sold 484 billion VND

In the buying side, DGW was the most purchased stock by foreign investors on the HOSE, with a value of more than 34 billion VND. This was followed by TCB and DBC, which were bought for 36 billion VND and 26 billion VND, respectively. Additionally, VHM and DXG also witnessed net buying of 20 billion VND and 16 billion VND, respectively.

On the other hand, FPT faced the strongest selling pressure from foreign investors, with a net sell value of nearly 109 billion VND. MSN and HPG also witnessed net selling of 79 billion VND and 77 billion VND, respectively.

On the HNX, foreign investors net sold 1 billion VND

IDC was the most bought stock on the HNX by foreign investors, with a net buy value of 7 billion VND. GKM was the second most purchased stock, with a net buy value of 7 billion VND. Additionally, foreign investors also net bought a few billion VND worth of MBS, TNG, and PVI.

On the opposite side, SHS faced the highest net selling pressure from foreign investors, with a value of nearly 13 billion VND. LAS, CEO, and VC6 also witnessed net selling of a few billion VND.

On the UPCOM, foreign investors net bought 16 billion VND

On the selling side, LTG faced net selling pressure of 2 billion VND from foreign investors. They also net sold NTC, MCH, and a few other stocks.