In the first six months of 2024, foreign investors sold a net 52 trillion VND on the Vietnamese stock market. This net selling trend continued in July with sales reaching 8 trillion VND, but is gradually showing signs of slowing down.
The trend of net selling of stocks by foreign investors cooled down in July (Photo: TL)
On the HoSE exchange, foreign investors sold a net 8,372 billion VND, a decrease of half the net selling volume compared to the previous month. Of this, the total net selling value by foreign investors through the order matching channel reached 9,267 billion VND.
Net selling in July remained concentrated in the technology sector, represented byFPT . The recorded selling volume reached 2,367 billion VND. Amidst the rising price of FPT shares, foreign investors have recorded their ninth consecutive month of selling this stock.
In addition, banking and real estate stocks also saw heavy selling by foreign investors in July.
On the buying side, SBT shares of Thanh Thanh Cong - Bien Hoa recorded a buying volume of 872 billion VND, leading the way in July. Several retail, construction, and healthcare stocks also saw net buying in July.
On the HNX exchange, foreign investors sold a net 110 billion VND, with selling pressure concentrated on oil and gas and industrial real estate stocks. Conversely, buying pressure reached 157 billion VND in some textile and consumer goods stocks.
On the UPCoM market, foreign investors recorded a net buying month of 199 billion VND. Consumer stocks were particularly noteworthy, with purchases totaling 202 billion VND. Conversely, net selling was concentrated in QNS shares of Quang Ngai Sugar, followed by PHP, LTG, and others.
Source: https://www.congluan.vn/xu-huong-ban-rong-cua-nha-dau-tu-nuoc-ngoai-tren-thi-truong-chung-khoan-ha-nhiet-post306366.html
