The Shark Money Trail 06/08: Proprietary and Foreign Investors Dump Stocks in VN-Index Recovery Session

The stock market witnessed a remarkable rebound during the August 6 session, recovering from a deep slump. However, proprietary trading remained a concern as it continued to sell off, with a net sell value of VND 265.5 billion in shares. Similarly, foreign investors also offloaded stocks, but at a higher level, with a net sell value of VND 810 billion.

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During the selling session, TCB and PNJ experienced the strongest net selling pressure from proprietary trading, with values of over 157 billion VND and 154.5 billion VND, respectively. This was significantly higher than other codes such as REE, GMD, and VNM, which only experienced net selling of 49-72.5 billion VND each.

On the other hand, FPT was the focus of net buying by proprietary trading, with a value of over 66.5 billion VND. This was followed by MBB, HPG, and MWG, which also experienced net buying of 38-51 billion VND.

Foreign investors continued to sell heavily, with a net sell value of nearly 810 billion VND, as the VN-Index rebounded strongly by more than 22 points on August 6, 2024.

Block trading activities in the last 5 sessions

In the selling session, VJC experienced the strongest net selling by foreign investors, with a value of nearly 358 billion VND. The next three codes, MWG, FPT, and AGG, also witnessed strong net selling with values ranging from 112 to 114 billion VND each.

Top 10 stocks with the most foreign trading on August 6, 2024

In contrast, foreign investors net bought VNM the most, with a value of over 203 billion VND, far surpassing other codes such as MSN, HVN, and LPB, which were only net bought for 32-42 billion VND each.

Tung Phong

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