On December 11, investor sentiment in the stock market sharply declined, leading to a significant drop in the VN-Index. The index fell by 20 points, or 1.17%, closing at 1,698 points. This downturn saw a substantial decrease in liquidity, with trading value on the Ho Chi Minh Stock Exchange (HOSE) exceeding 16 trillion VND.
Foreign Investors’ Activity Amid VN-Index Decline
Foreign investors played a notable role in this market shift. They sold off stocks, resulting in a net outflow of approximately 532 billion VND. Specifically, net selling on the HOSE amounted to 488 billion VND.
Top Gains and Losses Among Stocks
- FPT: This stock attracted the highest foreign investment, with purchases exceeding 240 billion VND.
- MBB: Followed closely with foreign net purchases of 71 billion VND.
- VIX and VPL: These stocks saw strong buying interest, reaching net acquisitions of 51 and 50 billion VND, respectively.
Conversely, VIC experienced the highest foreign sell-off, with 192 billion VND. Other significant sales included STB and VHM, with net sell-offs of 158 billion VND and 105 billion VND, respectively.
Foreign Investment on the HNX and UPCoM
On the Hanoi Stock Exchange (HNX), foreign investors had a net sell-off of 17 billion VND. The most notable purchase was SHS, with a net buy of 21 billion VND, while PVS followed with 2.3 billion VND.
- Other stocks attracting foreign interest included NTP, MST, and NRC.
- CEO faced significant selling pressure, with a net outflow of nearly 34.5 billion VND.
On the UPCoM, foreign investors sold off 27 billion VND in net terms. Notably, CCF was purchased for 7 billion VND, while ACV saw a net sell of 43 billion VND.
Market Overview
This recent market activity reflects the cautious mood among investors, as highlighted by the significant movements in foreign investments. The ongoing fluctuations in stock values and investor behavior point to a volatile trading environment.
