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Stock Changes of VNM ETF for the Week of Nov 18-25
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During this period, HPG witnessed the largest sell-off with more than 707,400 shares changing hands. Selling pressure was also concentrated on VND, SSI, and SHB, with trading volumes of around 600,000 shares. Additionally, NVL, along with two VinGroup stocks, VHM and VIC, also saw sell-offs of over 500,000 shares.
This marks the fifth consecutive week of net selling by VNM ETF, as foreign investors offloaded large volumes of stocks across 30 sessions, with multiple days of selling exceeding VND1,000 billion. However, starting from Nov 22, foreign investors resumed net buying (albeit with a modest value of a few dozen billion VND), and as of Nov 26, there have been three consecutive sessions of net buying. This suggests that the selling spree of VNM ETF is likely to subside in the coming week.
As of Nov 25, the net asset value of VNM ETF stood at nearly $433 million, slightly down from $434 million recorded on Nov 18. The entire portfolio comprises Vietnamese stocks, spread across 44 stock codes and one fund certificate. The top weights went to VHM (8.17%), VIC (7.85%), HPG (6.94%), VCB (6.38%), VNM (6.21%), and SSI (5.55%).
The Big Stock Shock: Brokers’ Proprietary Trading Desk Sells Off Hundreds of Billions in the VN-Index Recovery Session
Self-owned securities companies aggressively sold VND 482 billion on the entire market.
The Foreign Sell-Off Continues: Vietnam’s Real Estate Stock Takes a 600 Billion Hit
Foreign investors continued their net-selling streak, offloading Vietnamese shares worth over 921 billion VND today.
The Foreign Block: A 28-Session Sell-Off Streak and the Continued Unwinding of the Million-Dollar ETF
The week of November 11–18, 2024, marks yet another significant period of aggressive selling by the VanEck Vectors Vietnam ETF (VNM ETF). This is the fourth consecutive week of net selling by the fund, coinciding with a prolonged period of foreign investor selling spanning dozens of sessions.
The VN-Index Retreats to Near 1,200 Points, Domestic Individuals and Institutions Seize the Opportunity to Snap Up Nearly VND2,000 Billion.
Individual investors bought a net amount of 1,386.7 billion VND, of which 1,112.0 billion VND was net bought in matched orders. Domestic institutional investors also net bought 439.6 billion VND, with 539.7 billion VND net bought in matched orders.
The Foreign Selling Spree: Unraveling the 7/11 Session’s Massive Sell-off of Over VND 400 Billion
The aforementioned stocks, MWG, STB, and TCB, witnessed robust buying activity from foreign investors on the HOSE exchange. The foreign buying interest in these stocks was evident, with respective net buying values of 48 billion, 43 billion, and 41 billion VND.
