Vietnamese stocks witnessed a correction on July 12 despite initial efforts to boost prices, as selling pressure intensified in the afternoon session. At the close, the VN-Index fell 3.05 points to 1,280.75. Liquidity on HoSE decreased compared to the previous session, with a matching value of approximately VND 13,800 billion.
In terms of foreign trading, foreign investors turned to net sell on the entire market after a positive net buy session earlier, with a net sell value of VND 777 billion. Specifically:
On HOSE, foreign investors net sold VND 762 billion.
On the buying side, TPB was the most net bought stock by foreign investors with a value of VND 42 billion. This was followed by DGC and PLC, which were bought for VND 27 billion and VND 26 billion, respectively. In addition, HDG and GMD were also bought for more than VND 10 billion each.
On the selling side, VHM faced the strongest selling pressure from foreign investors with a net sell value of VND 304 billion. MWG also witnessed a net sell-off of VND 124 billion, followed by MSN, TCB, and FPT, which were net sold in the range of VND 48 billion to VND 80 billion.
On HNX, foreign investors net bought a slight amount of VND 1 billion
PVS was the most net bought stock on HNX by foreign investors, with a value of VND 6 billion. In addition, they also net bought a few billion dong worth of LAS, TIG, and IDC, among others.
On the selling side, VGS and BVS were the two codes that faced the most net selling pressure from foreign investors, with a value of nearly VND 5 billion each. This was followed by PVI, CEO, and TVC, which were net sold at around VND 1 billion.
On UPCOM, foreign investors net sold VND 7 billion
On the opposite side, QNS was net sold by foreign investors for VND 10 billion. They also net sold VLC, BSR, DDV, and a few other stocks.
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