Vietnam Stock Market: A Tale of Intrigue and Volatility
The Vietnamese stock market witnessed a tug-of-war during the week’s final trading session. The VN-Index meandered around the reference mark before concluding the May 9 session with a slight dip of 2.5 points, settling at 1,267.3. Trading volume remained subdued, with matched orders on HoSE reaching VND 15.8 trillion.
In terms of foreign investment, after a positive buying streak, foreign investors resumed net selling with a net sell value of over VND 92 billion. Specifically:
HoSE: Foreigners net sold nearly VND 88 billion
On the selling side, VCB witnessed robust net selling of approximately VND 184 billion, followed by VHM with net selling of VND 134 billion. Other stocks that experienced net selling in the tens of billions included NVL (-VND 90 billion), SSI (-VND 67 billion), and VCG (-VND 67 billion), among others.
Conversely, FPT emerged as the most prominently net bought stock across the market, attracting net buying worth VND 70 billion. MBB, HPG, PNJ, and DXG followed closely, each witnessing net buying in the range of VND 60-64 billion.
Fig. 1 – HoSE: Net buying and selling by foreign investors
HNX: Foreigners net sold VND 300 million
On the buying side, IDC and CEO witnessed net buying in the range of VND 5-7 billion. DL1, VC3, and HUT also experienced net buying in the billions.
Conversely, PVS faced substantial net selling of VND 16 billion, while TNG saw net selling of VND 3 billion. Additionally, BVS, AAV, and DTD underwent net selling ranging from several hundred million to several billion VND.
Fig. 2 – HNX: Net buying and selling by foreign investors
UPCOM: Foreigners net sold VND 4 billion
Turning to the buying side, ACV attracted net buying of around VND 12 billion. ABW, CSI, and HPD also witnessed net buying, albeit at lower levels.
Conversely, VEA faced the most significant net selling, amounting to VND 8 billion. NTC, QNS, and MCH also experienced net selling in the range of VND 1-3 billion.
Fig. 3 – UPCOM: Net buying and selling by foreign investors
The Pearl of Vietnam’s Stock Market: Vinpearl’s HoSE Listing Leaves Rivals in the Dust
With a valuation of approximately 128 trillion VND, Vinpearl has surpassed veteran brands such as Vinamilk, ACB Bank, and the Masan Group to become one of the top-capitalized companies on the Vietnamese stock exchange.
“SCIC’s Third Attempt to Divest from Domesco Falls Through”
The State Capital Investment Corporation (SCIC) has announced its intention to auction off approximately 12.1 million DMC shares to the public. The starting price for this lot of shares is set at a substantial VND 1,531.5 billion.
The Stock Market’s Surprise: Unveiling the Secrets of the ‘Dollar’ King’s Fortune
Today (May 9th), foreign investors turned net sellers, and domestic liquidity became more cautious. The VN-Index closed slightly lower, lacking a strong sector to lead the market. Meanwhile, QCG surged to the ceiling price.
The Cash Flows In, Stock Markets Flourish
A surge of capital inflow, coupled with net foreign buying for the fourth consecutive session, has breathed new life into the stock market, painting a rosy picture for investors.
Market Pulse May 5: Real Estate Sector Leads, VN-Index Surges Over 12 Points
The market closed with positive gains, seeing the VN-Index rise by 12.32 points (+1%), finishing at 1,238.62. Likewise, the HNX-Index climbed 0.87 points (+0.41%), ending the day at 212.81. It was a predominantly green market with 476 gainers compared to 247 losers. Within the VN30 basket, bulls held sway with 19 gainers, 7 losers, and 4 stocks closing flat.
