After a period of hesitation, unexpected buying pressure towards the end of the session pushed the VN-Index up significantly. The VN-Index closed the session on August 12 with a gain of 6.64 points (equivalent to 0.54%) to reach 1,230 points. However, liquidity remained low, with the trading value on HOSE reaching just over VND14 trillion. Foreign trading was a positive factor, with net buying of nearly VND68 billion across the market.
On HOSE, foreign investors net bought VND34 billion
In terms of buying, HDB stock was the main focus of foreign investors, with a net purchase value of VND205 billion. This was followed by FPT and MWG, which were also accumulated with net purchases of VND150 billion and VND142 billion, respectively. Additionally, CTG and HVN saw net buying of VND28 billion and VND15 billion, respectively.
On the other hand, VJC faced the strongest selling pressure from foreign investors, with net sales of nearly VND254 billion. HPG and DGC also witnessed net selling of VND57 billion and VND45 billion, respectively.
On HNX, foreign investors net bought VND39 billion
In terms of net buying on the HNX, PVS took the lead with a value of VND14 billion. Additionally, TNG was the second most net bought stock on the exchange, with a value of VND8 billion. Foreign investors also spent a few billion dong to net buy IDC, VGS, and MBS.
On the opposite side, CEO faced net selling pressure from foreign investors, with a value of nearly VND5 billion. BVS, GKM, and SHS also witnessed net selling of a few hundred million dong.
On UPCOM, foreign investors net sold VND5 billion
Conversely, QNS faced net selling pressure from foreign investors, with a net sell-off of nearly VND8 billion. Additionally, foreign investors also net sold ABI, VHG, and a few other stocks…
“DPM’s Profits Vanish Into Thin Air, Accounting for Over 90% in 2023”
“DPM, the industry leader, achieved a remarkable feat by generating a profit post-tax of over 90% in 2023, marking its lowest net earnings since 2019.”
LandX Services reports a loss of 160 billion VND in 2023, cuts over 1,000 staff
In 2023, Dat Xanh Services incurred a net loss of 160 billion VND primarily due to a shortfall in real estate service revenue. Additionally, the company downsized its workforce by over 1,000 employees in the past year.
Investing in a volatile market: Should beginners consider putting money into high-yield bonds for 10-30% yearly profit?
Short-term stock market trading has proven to be a risky venture for many investors, leading to substantial losses. However, there are a few select open funds that have managed to achieve impressive returns, reaching up to 30%.
