The Hunt for the Money Shark: Contrarian Flow at VIB Stock

The highlight of the September 24 trading session was a significant net purchase of VIB shares by proprietary traders, totaling over 811 billion VND. This unexpected move by the proprietary traders stood out in the day's transactions. However, foreign investors took a contrasting approach, selling VIB shares worth 2.664 trillion VND in the same session, creating a notable divergence in sentiments between the two groups.

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Self-employed traders returned to net buying with a value of over VND 351 billion of shares in the context of a vibrant stock market session on September 24th. Notably, self-employed traders unexpectedly net bought VIB shares worth over VND 811 billion. This was a significant difference compared to the following codes such as VHM being “hoarded” net nearly VND 110 billion, STB with over VND 61 billion, or FPT with nearly VND 24 billion.

On the contrary, self-employed traders offloaded the BSR share the most with a value of over VND 233 billion. Shares that were also net sold on September 24 include FRT with a value of about VND 67 billion, HPG with over VND 62 billion, and CTR with nearly VND 56 billion.

The trading activities of foreign investors were a downside during the September 24 session, as they net sold over VND 2,482 billion. Among these, foreign investors net sold VIB shares worth VND 2,664 billion, far exceeding all other codes. For instance, VND was net sold for more than VND 47 billion; HDB for nearly VND 38 billion; and VPB for over VND 32 billion.

Trading Activities of Foreign Investors in the Last 5 Sessions
Top Shares Traded by Foreign Investors on September 24

On the bright side, MWG shares were net bought the most by foreign investors, with a value of over VND 91 billion. Following that, two banking codes, MSB and STB, were also net bought, with values of nearly VND 73 billion and VND 59 billion, respectively.

Tung Phong