Foreign investors sell net VND 815.7 billion as Vietnam’s three stock indices fall

Vietnam’s stock market continued to decline on November 9. The VN-Index closed at 1,714.32 points, down 0.64%; the HNX-Index fell 0.58%, and the UPCoM-Index declined 0.25%. Foreign investors sold a net nearly VND 799 billion on the Ho Chi Minh Stock Exchange, VND 12 billion on the Hanoi Stock Exchange and VND 4.7 billion on UPCoM, for a combined total of about VND 815.7 billion.

Vietnamese stocks fell on November 9, while foreign investors sold a combined net approximately VND 815.7 billion across the three markets.（VietVance）

On the Ho Chi Minh Stock Exchange, 187 stocks fell and 129 rose, with trading value of VND 13.808 trillion. Trading value reached VND 623 billion on the Hanoi Stock Exchange and VND 501 billion on UPCoM. Property stocks came under pressure: VHM fell 2.74% and VIC slipped 0.04%. Among consumer stocks, MCH, VNM and MSN fell 2.93%, 1.56% and 2.05%, respectively.

Bank stocks were mixed: VPB, ACB, BID and MBB rose, while STB, LPB, HDB and CTG fell. VPB and MBB were among the stocks with the highest foreign investor purchases, at VND 85 billion and VND 61 billion, respectively. HPG, VIC, PNJ, FPT and VHM were among the stocks sold most heavily.

Securities firms’ proprietary trading recorded net sales of VND 458 billion, including VND 365 billion in matched trades. Property was the sector with the largest net sales. Negotiated transactions totaled VND 3.905 trillion, accounting for 26.1% of total market trading value. In matched trades, the share of capital flowing into large-cap and small-cap stocks rose, while the mid-cap share fell.

Source: VietVance