The stock market continued its recovery momentum on the last trading day of the week, September 12. Blue-chip stocks played a pivotal role in propelling the index higher. At the close, the VN-Index ended at 1,667.26, gaining 9.51 points, or 0.57%. Foreign trading remained a drag, with a net sell position of VND 1,196 billion across the market.
Securities companies’ proprietary trading turned to a net sell position of VND 224 billion on the HoSE.
Specifically, securities companies recorded net selling in MSN, totaling VND 87 billion. This was followed by MWG (VND 28 billion), VCB (VND 24 billion), TCB (VND 20 billion), and SSI (VND 15 billion). Other notable stocks that witnessed significant net selling included HDB (VND 15 billion), VCG (VND 12 billion), DGC (VND 11 billion), VHM (VND 10 billion), and VIX (VND 8 billion).
On the buying side, HPG stood out with a net buy position of VND 44 billion. E1VFVN30 was the second most bought stock by securities companies’ proprietary trading, with VND 30 billion. This was followed by GEX (VND 28 billion), STB (VND 20 billion), VIB (VND 11 billion), DBC (VND 6 billion), VNM (VND 5 billion), FUEKIVFS (VND 4 billion), FPT (VND 3 billion), and FUESSVFL (VND 3 billion).
“Foreign Sell-Off Surges: A 3,000 Billion Dong Shockwave – Which Stock is the Main Target?”
“The HoSE witnessed a significant foreign sell-off, with net selling peaking at a whopping VND 2,937 billion.”
A Surprising $35 Million Foreign Sell-Off of Blue-Chip Stocks in the Week of September 8-12.
The foreign bloc continues to exert significant selling pressure, recording yet another week of net selling exceeding VND 5,000 billion.
The Stock Market’s Cash Crunch: A Capital Conundrum
The VN-Index witnessed yet another volatile trading session, with the benchmark index swinging back and forth before closing slightly lower on September 10th. Trading activity waned, as the value of transactions on the Ho Chi Minh Stock Exchange dipped below the VND 30 trillion mark.
The Great Blue Chip Stock Sell-Off: A Hundred Billion Dollar Exodus
The domestic securities companies turned net sellers on the Ho Chi Minh Stock Exchange (HoSE), offloading a total of VND688 billion ($29.4 million) worth of shares.
The Vingroup Stock Surge: Legal Action Against 68 Entities Takes Center Stage
The stock market witnessed a notable rebound after a brief corrective phase, with Vingroup’s stocks playing a pivotal role in this recovery.
