A cautious sentiment dominated the market as the VN-Index experienced a tug-of-war throughout the first trading session of October. The index closed with a modest gain of 3.35 points, settling at 1,665. Trading volume remained subdued, with the Ho Chi Minh City Stock Exchange (HOSE) recording transactions worth over VND 21.4 trillion.
Foreign investors emerged as net sellers, offloading a significant VND 1.8 trillion across the market.
On HOSE, foreign investors net sold VND 1,651 billion.
On the buying side, VIX led the pack as the most purchased stock by foreign investors on HOSE, attracting over VND 84 billion. LPB followed closely, with VND 65 billion in foreign buying. TCH and ANV also saw notable interest, with VND 54 billion and VND 50 billion invested, respectively.
Conversely, VHM topped the list of foreign sell-offs, with VND 197 billion divested. FPT and MWG also witnessed significant selling pressure, with VND 164 billion and VND 155 billion sold, respectively.
On HNX, foreign investors net sold VND 126 billion.
VFS was the most sought-after stock on HNX, with foreign investors net buying VND 2 billion. PLC followed suit, attracting VND 1 billion in foreign investment. PVS, NAG, and VGS also saw modest buying interest from foreign players.
On the selling front, SHS faced the brunt of foreign selling pressure, with nearly VND 82 billion offloaded. CEO, IDC, and HUT also experienced selling, ranging from VND 3 billion to VND 35 billion.
On UPCOM, foreign investors net sold VND 23 billion.
VEA was the most purchased stock on UPCOM, with foreign investors buying VND 2.4 billion. QNS and F88 also saw modest buying interest, with a few billion dong invested in each.
In contrast, ACV faced the most significant selling pressure, with foreign investors offloading VND 26 billion. PAT, MA1, and others also witnessed foreign selling.
Surprise Powerhouse Deploys Nearly $300 Billion to Sweep Up Vietnamese Stocks in Month’s Opening Session
Proprietary trading desks at securities companies recorded a net buy of VND 285 billion on the Ho Chi Minh City Stock Exchange (HOSE).
Market Pulse 01/10: VN-Index Sustains Green at 1,665 Points
At the close of trading, the VN-Index climbed 3.35 points (+0.2%) to reach 1,665.05, while the HNX-Index edged up 0.06 points (+0.02%) to 273.22. Market breadth favored the bulls, with 418 gainers outpacing 295 decliners. Similarly, the VN30 basket saw green dominate, as 22 constituents advanced, 6 retreated, and 2 remained unchanged.
Vietstock Daily 02/10/2025: Prolonged Accumulation Ahead?
The VN-Index continues to oscillate around the Middle Bollinger Band, forming a Doji candlestick pattern. Alternating sessions of gains and losses on low liquidity suggest the market is not yet primed for a breakout, indicating that sideways consolidation is likely to persist in the near term.
Market Retreats as Blue-Chip Stocks Take a Breather
The VN-Index closed today’s session (September 30) down nearly 5 points, weighed down by weakness in real estate and public investment stocks. Even Vingroup’s blue-chip shares lost momentum, despite VRE hitting its ceiling price.
Billionaire Nguyen Thi Phuong Thao Shares Story of “Rescuing” HOSE from System Overload
Billionaire Nguyễn Thị Phương Thảo revealed that she, alongside FPT Corporation Chairman Trương Gia Bình and other prominent business leaders, collaborated to “rescue” the Ho Chi Minh City Stock Exchange (HOSE) during a critical system overload.
