The VN-Index opened the first trading session of the week on a lackluster note. Despite a positive start, strong selling pressure in the afternoon session caused the benchmark to reverse gains and close in the red. Weak trading momentum hindered the index’s upward momentum. At the close of the September 16 session, the VN-Index fell 12.45 points (-0.99%) to 1,239.26. The matched order value on HoSE was a meager VND 10,550 billion.
In terms of foreign trading, foreign investors unexpectedly turned net buyers with a net buy value of over VND 253 billion in the market.
Foreign investors net bought nearly VND 219 billion on HOSE
On the buying side, TCB shares were the most purchased by foreign investors in the market, with a value of VND 70 billion. This was followed by NAB and FPT, with net purchases of over VND 50 billion each. Additionally, VNM and CTG were also bought for between VND 39 billion and VND 49 billion.
Conversely, HSG and MWG faced the strongest selling pressure from foreign investors, with net sell values of VND 43 billion and VND 41 billion, respectively. VCI, HPG, and PDR also witnessed net selling of over VND 20 billion each.
On HNX, foreign investors net bought VND 32 billion
PVS was the most net bought stock on HNX, with a net buy value of VND 31 billion. Meanwhile, TNG was the second most net bought stock, with a net buy value of VND 10 billion. Foreign investors also spent around VND 1-2 billion to net buy TIG and TVC.
On the opposite side, SHS faced net selling pressure from foreign investors, with a net sell value of nearly VND 6 billion. IDC and BVS also witnessed a few billion dong of net selling.
On UPCOM, foreign investors net bought over VND 2 billion
Conversely, LTG faced net selling pressure of nearly VND 5 billion, while QNS was net sold for about VND 3 billion. Foreign investors also net sold GDA, HIO, HPD, and a few other stocks, with net sell values ranging from a few hundred million dong to a few billion dong.
Stock Market Outlook for the Week of September 16–20: Are There Any Surprises in Store for Stock Prices?
This week, all eyes are on the US Federal Reserve’s policy meeting, with markets anticipating a potential surprise move.
