The VN-Index faced strong selling pressure on Monday, June 9th, as negative trading sentiment persisted. The index closed 1.45% lower at 1,310.57, with increased selling volume as prices fell. Foreign investors continued to be a drag, net selling up to 331 billion VND across all three exchanges.
In contrast, proprietary trading by securities companies recorded a strong net buy value of 816 billion VND on the HoSE. Specifically, HPG witnessed the largest net buy value of 91 billion VND from this group. FPT and TCB followed with net buys of 87 billion and 70 billion VND, respectively. Other notable net buys included VIC (48 billion), MWG (45 billion), STB (38 billion), MBB (37 billion), GEX (36 billion), DGW (25 billion), and VNM (23 billion).
On the other side, EIB experienced the highest net sell value of 15 billion VND. FUEMAV30 and VCI were also net sold, amounting to 8 billion and 6 billion VND, respectively. Several other stocks saw minor net selling, including HHV, VGC, DPM, E1VFVN30, VTP, HAH, and GEE.
The Stock Market Plunge: A Sea of Red
Today’s trading session (June 9th) witnessed a broad-based decline among large-cap stocks. Sectors such as banking, securities, construction, materials, and chemicals were awash with red, indicating a day of losses and adjustments.
HSC Securities to Raise $150 Million for Margin Lending and Proprietary Trading
On June 9, Ho Chi Minh City Securities Corporation (HSC) announced plans to offer nearly 360 million shares to the public at a price of VND 10,000 per share.
The Foreign Block Sells Off Hundreds of Millions in the First Trading Session of the Week, with a Bank Stock Taking a Beating
“Foreign sell-off continues to be a drag, with a net sell-off value of VND 331 billion across all three exchanges.”
Stock Market Outlook for Tomorrow, June 10: Stocks to Face Continued Selling Pressure
The stock market on June 10 is expected to face continued pressure for adjustment. Investors should closely monitor the supply and demand of stocks.
“Cautious Selling by Individuals and Foreign Institutions, Proprietary Traders Seize the Opportunity to Accumulate Positions”
The VN-Index continued its upward trajectory, with a notable net buying figure of 809.2 billion VND, of which 785.1 billion VND was matched orders.
