Vietnam Stock Market Plunges as Foreign Investors Continue Net Selling
The Vietnamese stock market witnessed a deep decline on December 4th, with the VN-Index closing 9.42 points lower at 1,240. While trading liquidity improved slightly, it remained low, with a transaction value of nearly VND 14,000 billion on the HOSE.
Foreign investors’ trading activities were notably negative, as they continued net selling with a value of VND 690 billion across the entire market.
On the HOSE, foreign investors net sold VND 651 billion.
In terms of purchases, HAH stock saw the largest net buying by foreign investors on the HOSE, with a value of over VND 72 billion. This was followed by MSN and TCB, which were net bought for VND 66 billion and VND 44 billion, respectively. KBC and SIP also saw net buying of VND 30 billion and VND 27 billion, respectively.
On the other hand, MWG and FPT faced the strongest net selling pressure from foreign investors, with nearly VND 260 billion and VND 134 billion, respectively. VRE and VNM also saw significant net selling of VND 82 billion and VND 75 billion, respectively.
On the HNX, foreign investors net sold VND 27 billion.
MBS was the most net bought stock on the HNX, with a value of VND 6 billion. VGS followed closely with net buying of VND 4 billion. Foreign investors also net bought a few billion VND worth of TNG, DTD, and MST.
Conversely, IDC faced the highest net selling pressure from foreign investors, with a value of nearly VND 26 billion. SHS, PSW, and NTP also saw net selling of a few billion VND each.
On the UPCOM, foreign investors net sold VND 12 billion.
In terms of purchases, ACV stock was net bought by foreign investors for VND 60 billion. TAL and PHP also saw net buying of a few billion VND each.
Conversely, MCH faced net selling of VND 59 billion by foreign investors. They also net sold QNS, HPP, NTC, and other stocks.
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