The Vietnamese stock market witnessed its third consecutive weekly gain. During this week, the VN-Index made a valiant effort to conquer the resistance level of around 1,330, but strong profit-taking pressure caused the index to retreat back towards 1,310 in the final session. Ultimately, the VN-Index closed the week at 1,314.46 points, marking a 13.07-point or 1% increase from the previous week.
Foreign investment flows were a downside during the week, with significant net selling, particularly at the beginning of the week. In total, foreign investors sold a net amount of VND 779 billion in the market over the five trading sessions.
Analyzing the performance on individual exchanges, foreign investors net sold VND 622 billion on HoSE, VND 183 billion on HNX, and net bought VND 26 billion on UPCoM.
Focusing on individual stocks, FPT witnessed the highest net selling value, approximating VND 684 billion. Additionally, VHM and VRE experienced net selling of VND 319 billion and VND 252 billion, respectively. SSI was also among the top net-sold stocks, with nearly VND 200 billion. The list of stocks that faced net selling by foreign investors during the week included HCM, SHB, MSN, GMD, VPB…, all recording net selling values in the hundreds of billions of VND.
On the opposite side, STB emerged as the stock with the strongest net buying by foreign investors, attracting VND 519 billion. Foreign capital also flowed into MBB and VIC, with net buying of VND 294 billion and VND 254 billion, respectively, over the week’s five sessions. Other stocks that witnessed net buying during the week included MWG, VIX, HVN, CTG, EIB, VND…,
The Viconship Group Raises Stake to 13.18% in Port Haiphong
From May 20 to 22, Viconship and its two subsidiaries continued to purchase a significant number of HAH shares, bringing their total ownership to 17.11 million HAH shares, representing a substantial 13.18% stake in Hai An Port and Shipping Joint Stock Company.
The Stock Market’s Dark Horse: How a Near-Delisted Stock Surged by Almost 200% in Under Two Months
In early February 2025, HoSE issued a warning about the potential delisting of this stock.
HDCapital Offloads 1.5 Million Fecon Shares
HDCapital has successfully offloaded 1.5 million FCN shares, reducing its stake in Fecon to 10.23%.
The Retail Investors Turn Net Sellers in a Strong Bull Market
The proprietary trading arms of securities companies offloaded a net sell value of VND418 billion on the Ho Chi Minh Stock Exchange (HoSE).
The Billionaire’s Assets Surge to Unprecedented Heights
“Vingroup’s stock surge: VHM and VIC soar to new heights. In a thrilling rally, Vingroup’s stocks witnessed a substantial surge with VHM and VIC reaching their peak. This exhilarating performance has propelled billionaire Pham Nhat Vuong’s net worth to a record-breaking $10.2 billion, according to the latest updates from Forbes.”
