The VN-Index shone in the afternoon session, despite a sluggish start, thanks to strong gains in pillar stocks. At the close of the November 21 trading session, the VN-Index rose 11.79 points to 1,228.33. However, liquidity on HoSE remained stagnant at low levels, with a meager VND10.5 trillion in matched orders.
Foreign investors continued their aggressive selling spree, offloading Vietnamese stocks en masse. They net-sold a massive VND921 billion across all markets.
Foreigners net-sold a hefty VND858 billion on HoSE
On the selling side, VHM faced the most significant net selling by foreign investors, amounting to VND587 billion. Additionally, several blue-chip stocks witnessed substantial net selling, including SSI (-VND130 billion), HPG (-VND118 billion), and MWG (-VND105 billion).
Conversely, CTG, TCB, VPB, and FPT were among the top stocks that foreign investors net purchased. However, the values were only in the range of a few dozen billion VND for each code.
Foreigners net-sold approximately VND57 billion on the HNX
On the buying side, IDC and TNG witnessed the highest net buying, with a value of VND2 billion each. Following them, DHT, VC3, and TIG saw net purchases of a few hundred million VND each.
Conversely, PVS faced the most substantial net selling, amounting to VND57 billion. BVS, MBS, VGS, and VCS were also among the top net-sold stocks, with net selling values ranging from a few hundred million to a few billion VND.
Foreigners net-sold about VND7 billion on UPCOM
In terms of net buying on UPCOM, VEA and HNG were the top stocks, with net purchases of VND2 billion and VND1 billion, respectively. Additionally, DGT, KLB, and CSI witnessed net buying of less than VND1 billion each.
On the other hand, QNS faced net selling of approximately VND6 billion. Numerous stocks, including NTC, OIL, ACV, and CST, were also net sold by foreign investors, but the values were not significant.
Unlocking Vietnam’s Largest Private Enterprise: Exploring Over 3% Foreign Ownership Potential
Foreign ownership of FPT has dipped below 46%, marking the lowest point in two months since mid-September.
The Great Foreign Turnaround: Overseas Investors Go on a Buying Spree After 30 Sessions of Intense Selling, Spending 250 Billion on a Real Estate Stock
After 30 consecutive selling sessions, foreign investors finally turned net buyers, bringing some balance back to the market.
The Real Estate Stock: Brokers’ Abnormal Net Selling of Hundreds of Billions in the Last Trading Session
The proprietary securities firms continued to sell-off, recording a net sell of 182 billion VND across the market.
The 9-Million Account Market: Why is the VN-Index Stuck Around the 1,200 Point Mark?
The domestic and global macroeconomic factors present a positive picture, boding well for the stock market’s upward trend. However, with 9 million accounts, the VN-Index continues to hover around the 1,200-point mark.
Raising the Capital: Nam Long Investment Seeks to Mobilize 1,000 Billion VND in Bonds to Restructure Debt
Nam Long Investment is set to issue VND 1,000 billion worth of bonds in the fourth quarter of 2024 or the first quarter of 2025. The proceeds from the bond issuance are intended to be utilized for the company’s debt restructuring purposes.
