Foreign Investors Net Buy Vietnamese Stocks for Second Straight Session, Led by VIC
Foreign investors recorded nearly VND 52 billion in net purchases on November 11, their second consecutive session of net buying by value, despite net selling by share volume. The VN-Index edged higher, VIC led net purchases, and FPT remained the most heavily net sold stock.
On November 11, foreign investors net bought nearly VND 52 billion of Vietnamese stocks for the second consecutive trading session. By share volume, however, they net sold about 1.5 million shares. The VN-Index closed at 1,747 points, up nearly 4 points from the previous session. More than 680 million shares changed hands, with turnover exceeding VND 13.844 trillion. There were 157 declining stocks, 136 advancing stocks and 76 unchanged stocks.
On HOSE, foreign investors net bought nearly VND 75 billion by value but net sold about 800,000 shares. VIC led net purchases at VND 139 billion, followed by POW at VND 78 billion and VHM at VND 47 billion. Bank stocks HDB and TPB also attracted net purchases of VND 42 billion and VND 41 billion, respectively.
Chart of foreign investor trading in Vietnam's stock market on November 11.（VietVance）
On the selling side, FPT remained the most heavily net sold stock at VND 48 billion. NVL and ACB followed at VND 39 billion and VND 35 billion, respectively. Net sales of MBB, STB and DCM totaled VND 29 billion, VND 26 billion and VND 22 billion, respectively. Foreign investor trading continued to vary across stocks.
Chart of foreign investor stock purchases and sales in Vietnam's stock market on November 11.（VietVance）
On HNX, foreign investors shifted to net selling of VND 11 billion. MBS recorded about VND 10 billion in net sales, while NVB saw nearly VND 3 billion in net purchases. On UPCoM, foreign investors net sold more than VND 12 billion; QNS and VEA recorded net sales of VND 8 billion and nearly VND 7 billion, respectively, while TIN saw VND 4 billion in net purchases.
Source: VietVance
