Vietnam Stock Market Recap: Dramatic Session Ends in Record Highs
The Vietnamese stock market witnessed a dramatic trading session on August 20th. The VN-Index plunged by nearly 40 points at one point, but a strong wave of bargain hunting pushed the index back into positive territory. At the close of the session, the VN-Index gained 10.16 points to reach a new all-time high of 1,664.36 points. The value of matched orders on HoSE surged to approximately VND 64,300 billion (USD 2.4 billion).
Meanwhile, foreign investors continued their net selling trend, but the pressure eased compared to previous sessions. The total net selling value across all three exchanges today stood at approximately VND 214 billion.
HoSE: Foreign Investors Net Sell Approximately VND 405 Billion
On the HoSE, foreign investors net sold around VND 405 billion. SHB and VIX were the most net bought stocks by foreign investors, with values exceeding VND 200 billion each. VSC and MBB followed with net buying values of VND 147 billion and VND 142 billion, respectively. BSR was also net bought by foreign investors, with a value of approximately VND 90 billion.
On the opposite side, VPB, a bank stock, witnessed the heaviest net selling by foreign investors, amounting to VND 539 billion. Other stocks that experienced net selling of over VND 100 billion included FPT (VND 180 billion), CII (VND 143 billion), VND (VND 132 billion), and HPG (VND 108 billion).
HoSE trading floor on August 20.
HNX: Foreign Investors Net Buy Approximately VND 207 Billion
On the HNX, foreign investors net bought approximately VND 207 billion. SHS stock saw surprising net buying of VND 236 billion, making it the most net bought stock on the market. CEO followed with net buying of VND 19 billion. L14, PVS, and IPA also witnessed net buying of VND 3-4 billion each.
On the selling side, VFS, NTP, and MBS experienced net selling of VND 10-12 billion on the HNX. Similarly, IDC and DTD were net sold by foreign investors, with values of VND 4-8 billion.
HNX trading floor on August 20.
UPCOM: Foreign Investors Net Sell Over VND 15 Billion
On the UPCOM exchange, foreign investors net sold more than VND 15 billion. F88 and QNS were the top net bought stocks, with values of VND 2-4 billion each. PHP, PXL, and SBS also witnessed net buying of a few million to VND 1 billion each.
Conversely, ACV experienced net selling of VND 12 billion, while MCH and VEA faced net selling of VND 5-7 billion. Additionally, BVB and HBC saw mild net selling of VND 500 million each.
UPCOM trading floor on August 20.
The Bank Stock: Why the Sudden Turnaround?
The proprietary trading arms of securities companies were net buyers to the tune of VND77 billion on the Ho Chi Minh Stock Exchange (HoSE).
The VN-Index Surges to Historic Highs: Top Brokerages Convene Emergency Meetings
The stock market continues to present an optimistic outlook for investors, with ample growth opportunities and enticing narratives on the horizon.
The VN-Index: An Astonishing Last-Minute Turnaround
Despite a sea of red with nearly 260 stocks in the negative, the VN-Index defied the odds and staged a remarkable comeback on Tuesday (August 20), surging over 10 points led by a resilient banking sector.
The Foreign Block’s Continued Sell-Off: Over $1.5 Billion as VN-Index Dips from Peak, Which Stocks Took the Biggest Hit?
In the afternoon trading session, foreign investors heavily net bought VIX and PDR stocks across the market, with respective values of VND 181 billion and VND 133 billion.
What Stock Ticker Was the Focus of Prop Trading by Securities Companies on August 21st?
The proprietary trading arms of securities companies continued their net buying streak on the HoSE, with a value of VND 316 billion.
