The Stock Code Surprise: Unveiling the Massive Sell-Off by Proprietary Trading Arms on September 18th

Self-owned securities companies turned net sellers with a total sell-off of VND105 billion across the market.

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The stock market continued its upward trajectory, mirroring the previous day’s green streak, as the session opened on September 18. The VN-Index trimmed its gains slightly towards the end, closing 5.95 points higher at 1,264.9. Foreign investors’ positive trading activities contributed to a net buy value of VND300 billion across the market.

Securities companies’ proprietary trading activities recorded a net sell value of VND105 billion for the day.

On the HoSE, securities companies’ proprietary trading activities resulted in a net sell value of VND98 billion. A deeper analysis reveals that they net bought VND35 billion on the matching order channel but net sold VND133 billion on the negotiated deal channel.

A closer look at the data shows that FUESVFL witnessed the most prominent net selling by securities companies, amounting to VND114 billion. KDH and FPT followed suit with net selling values of VND26 billion and VND17 billion, respectively. Additionally, CTR, VHM, MBB, and others experienced net selling during this session.

On the flip side, MSN emerged as the stock with the highest net buying value, reaching VND17 billion. VPB, VNM, VIB, and VCB were among the stocks that witnessed net buying by securities companies during today’s session.

On the UPCoM, securities companies’ proprietary trading activities led to a net sell value of nearly VND5 billion. MCH stood out with net selling of VND4 billion, followed by BCR and FOX, which experienced net selling of over VND3 billion and VND2 billion, respectively.