The Vietnamese stock market closed out the final trading day of July with a positive performance, as bullish sentiments dominated the session. At the close on July 31st, the VN-Index gained 6.45 points, or 0.52%, to finish at 1,251.51. Despite the recovery, the market breadth remained negative, with 224 declining stocks outweighing 220 gainers. Trading liquidity improved, with the matching value on the HoSE reaching over VND 15,300 billion.
Foreign investors’ net selling remained a headwind, with strong net selling of more than VND 629 billion across the market. Here’s a breakdown by exchange:
On the HoSE, foreign investors net sold VND 605 billion
In terms of net selling, there was a notable surge in the offloading of VIC shares, with a net sell value of up to VND 901 billion and a net sell volume of over 21 million shares. Other large-cap stocks that witnessed net selling by foreign investors included CTG (-VND 58 billion), HSG (-VND 57 billion), and TCB (-VND 44 billion), among others.
On the buying side, VNM emerged as the focal point, attracting net buying of VND 370 billion. MWG also witnessed robust net buying of VND 101 billion. Additionally, stocks like FPT, VPB, and HDB saw net buying ranging from VND 36 billion to VND 86 billion.
On the HNX, foreign investors net sold VND 28 billion
CEO, PLC, and TNG were the top three stocks on the buying side, each recording net buying of VND 2 billion. Meanwhile, TVC and IVS also experienced notable net buying on the HNX, albeit with smaller values.
On the selling side, PVS faced the most significant net selling pressure from foreign investors, amounting to nearly VND 9 billion. This was followed by IDC, MBS, LAS, and BVS, which were net sold in the range of a few billion dong.
On the UPCOM, foreign investors net bought VND 3 billion
Conversely, MCH experienced net selling of approximately VND 8 billion by foreign investors. Additionally, stocks like PHP, VAB, PAT, and FOC were also among the net sell list for foreign investors.
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