Caution crept into the market, halting the VN-Index’s four-session winning streak. The index closed the October 14 session at 1,761, a 4-point dip from the previous day. Market liquidity surged, surpassing VND 52 trillion.
Foreign trading activity was a drag, with net selling reaching VND 1,429 billion across the market.
On HOSE, foreign investors net sold VND 1,404 billion
On the buying side, VHM led foreign purchases on HOSE with over VND 354 billion. VIC followed closely with VND 215 billion, while VCB and FRT saw inflows of VND 128 billion and VND 121 billion, respectively.
Conversely, FPT topped the selling list with VND 335 billion in net outflows. SSI and VRE also faced significant selling pressure, with VND 271 billion and VND 220 billion, respectively.
On HNX, foreign investors net sold VND 66 billion
CEO dominated foreign buying on HNX with VND 73 billion. VGS followed with VND 3 billion, while NTP, L40, and NRC saw modest inflows.
On the selling side, SHS faced the brunt with nearly VND 72 billion in net outflows. IDC followed with VND 43 billion, while PVS and DTD saw outflows ranging from VND 3 billion to VND 15 billion.
On UPCOM, foreign investors net bought VND 41 billion
MCH led foreign purchases on UPCOM with VND 36 billion. HNG and VEA also saw modest buying interest.
In contrast, ACV saw net selling of VND 6 billion. DDV, MA1, and others also faced foreign outflows.
Mai Chi
October 14th Session: Foreign Investors Offload Over 1.4 Trillion VND – Which Stocks Faced the Heaviest Sell-Off?
Foreign investors’ trading activity has once again become a significant detractor, with a substantial net sell-off of 1,429 billion VND.
Gelex Group Stocks Witness Massive Trading Volume Surge
The VN-Index retreated from its peak near the 1,800-point mark today (October 14), as heavy profit-taking pressure in the afternoon session triggered a market correction. The Gelex Group (GEX) stood out with a surge in trading activity, as its shares hit the ceiling price and saw massive volume, equivalent to over 5.5% of its free-floating shares changing hands.
Technical Analysis for the Afternoon Session of October 14: Uptrend Still Intact
The VN-Index continues its upward trajectory, setting a new record high. Currently trading near the Upper Band of the Bollinger Bands, the index suggests further growth potential as the bands expand. Meanwhile, the HNX-Index saw modest gains, with the MACD indicator generating a fresh buy signal.
Market Pulse 14/10: Selling Pressure Mounts, VN-Index Pauses
The surge in selling pressure during the afternoon session caused a dramatic reversal. The number of advancing stocks soared to over 520, significantly outpacing the nearly 240 declining stocks. At one point, the VN-Index plunged by almost 8 points.
Vietnam’s Key Stock Index Surpasses 2,000 Points for the First Time
Large-cap stocks surged, spearheading Vietnam’s stock market rally and propelling the VN30 index past the 2,000-point milestone for the first time.
