Vietnamese stocks edge higher as foreign investors buy a net VND337.5 billion
Vietnam’s VN-Index edged up 0.01% to 1,734.93 on November 13, although declining stocks outnumbered gainers. Foreign investors bought a net VND337.5 billion on the Ho Chi Minh Stock Exchange, led by VIX with VND308 billion.
Vietnamese stocks ended mixed on November 13. The VN-Index rose 0.18 points, or 0.01%, to 1,734.93. Trading value was about VND15.123 trillion; 192 stocks fell, 108 rose and 69 were unchanged. The index closed slightly higher, but declining stocks substantially outnumbered gainers.
Vietnamese stocks edged higher on November 13 as foreign investors continued to buy on a net basis.（VietVance）
Foreign investors net bought VND337.5 billion on the Ho Chi Minh Stock Exchange that day. VIX led with net purchases of VND308 billion; POW, VJC, HDB and MSN also saw net buying. FPT saw net selling of VND221.5 billion, while GMD and BID saw net selling of VND56.4 billion and VND37.4 billion, respectively.
Bank stocks were mixed: STB rose 3.34% and TCB gained 1.39%, while BID fell 0.78%. STB and TCB added 0.90 and 0.66 points to the index, respectively, while BID dragged it down by 0.40 points. Real estate stocks VIC and VHM closed unchanged; among industrial stocks, VJC rose 2.12% and GMD gained 2.42%.
Securities firms’ proprietary trading desks net bought VND161.7 billion that day, including VND575.2 billion in net purchases through order matching. Negotiated transactions totaled VND5.4651 trillion, up 12.2% and accounting for 33.8% of total market trading value. VIX recorded a VND269.9 billion negotiated transaction in which foreign investors bought from proprietary trading desks.
Source: VietVance
