The Vietnamese stock market opened the first trading session of December with a predominantly tug-of-war stance. Despite opening with a gap up at the start of the session, investor caution caused the index to retreat to reference.
At the close of the December 2 session, the VN-Index edged up 0.75 points to 1,251.21. Liquidity still fell short, with the matching value on HoSE reaching a meager VND9,519 billion.
In terms of foreign trading, after a streak of six consecutive net buying sessions, foreign investors returned to net sell over VND 412 billion in today’s session. Specifically:
On HoSE, foreign investors net sold approximately VND 305 billion
On the selling side, FPT stock faced the strongest selling pressure from foreign investors, with a net selling value of VND 164 billion. In addition, a series of blue-chip stocks were heavily “dumped,” including: VRE (-VND67 billion); KDH (-VND50 billion), and VCB (-VND48 billion), etc.
In contrast, CTG, PNJ, TCB, LPB,… were the stocks that foreign investors net bought the most, but the value was only a few dozen billion VND each.
On HNX, foreign investors net sold about VND 400 million
On the buying side, MBS stock was the most net bought with a value of VND 10 billion. Following were IDC, CEO, and VGS, which were bought in the range of a few billion VND each.
On the opposite side, PVS was the most sold stock, with a value of VND 9 billion; LAS, BVS, and DTD also topped the net selling list, with values of only a few billion VND each.
On UPCOM, foreign investors net sold about VND 107 billion
In terms of net bought stocks, OIL led with a value of VND 1 billion. In addition, the codes that were net bought below VND 1 billion included VGR, CNC, VTK, and ND2.
Conversely, ACV stock experienced a sudden net sell-off of VND 106 billion, while MCH and MPC were net sold in the range of VND 1-2 billion each. The group of foreign investors also net sold small amounts of CSI and ABI.
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