Foreign investors net sold 1,085 billion dong, shaking strongly, focusing on HPG discharge

During the week of January 18-22, when VN-Index recorded many fluctuations, foreign investors net sold strongly on two listed exchanges, only UPCoM market recorded a slight net buying value. In stock trading, they net sold 1,085 billion dong, focusing on discharging trillion dong of HPG shares.

During the week of January 18-22, the Vietnamese stock market witnessed an unprecedented decline in the January 19 session with a loss of nearly 61 points, equivalent to 5.11% and matched liquidity exceeding 1 billion USD.

In general negative movements of the market last week, foreign investors net sold 593 billion dong on all three exchanges with a volume of 7.8 million units. Particularly in stock transactions, this block spent up to 1,085 billion dong.

Foreign investors dumped more than 1,042 billion dong on HOSE, net sold trillion HPG shares

Foreign investors’ transaction statistics for the week of January 18-22, net sales overwhelmed with a value of VND 550.4 billion, net sales volume was equivalent to VND 294.4 billion. Recorded in stock transactions, this block spent more than 1,042 billion dong with a volume of 349 million shares. In contrast, foreign investors net bought ETF fund certificates locally with 550 billion dong.

Foreign investors net sold 1,085 billion dong, shaking strongly, focusing on HPG discharge

(Source: Thu Thao summarizes).

Top 10 stocks were net sold in the past week, HPG code of Hoa Phat Group led with the value of 1,156 billion VND and was the only ticker that recorded transaction value of over trillion VND.

Besides, foreign investors net sold AGG and VND at 148 billion and 134 billion dong, respectively. GAS and SSI stocks also suffered from selling pressure of over 100 billion dong last week.

Recently, the foreign fund Pyn Elite Fund announced to sell more than 4 million VND shares of VNDirect Securities on January 13. After the transaction, Pyn Elite Fund reduced the number of shares owned to nearly 10.8 million units, equivalent to 5.17% of VNDirect’s charter capital.

Recently, Pyn Elite Fund continuously divested capital at VNDirect. According to statistics, from the beginning of November until now, the fund has sold more than 6.1 million shares of VND.

SSI was in the top of net selling despite information about separate financial statements in the fourth quarter of 2020 with prosperity in both revenue and profit. Accordingly, the operating revenue in the fourth quarter of 2020 of SSI Securities reached 1,142.9 billion VND, an increase of 33.7% over the same period in 2019. SSI’s after-tax profit was 396.1 billion VND, an increase of 119, first%.

On the other hand, stocks that recorded a net selling value of less than one hundred billion dong last week were BID (80 billion dong), CTG (79 billion dong), KBC (66.5 billion dong), PVT (53 billion dong), and VCB (VND 45 billion).

Top 10 codes attracting foreign capital flow recorded two fund certificates including FUEVFVND and FUESSVFL with net buying value of 393 billion dong and 91 billion dong respectively.

In stock trading, foreign investors mainly gathered NVL code (301 billion dong), followed by VJC (138 billion dong) and MSN (133 billion dong).

SSI Securities recently gave a quite positive comment on the prospects of Novaland in 2021. With the handover of Aqua City (Dong Nai), Novaworld Ho Tram (Ba Ria – Vung Tau) and other apartment projects in In Ho Chi Minh City, Novaland’s double-digit growth rate may reach two digits.

Proprietary equity flow also looked at PNJ shares (97 billion VND), followed by VIC (88 billion VND), SBT (85 billion VND), VCI (80 billion VND) and LPB (80 billion VND).

Foreign investors net sold a hundred billion dong of SHB shares

On the HNX, foreign investors net sold 45 billion dong with a volume of 3.5 million shares. During the week, their net selling activities concentrated mostly in the first session of the week with 43.8 billion dong.

Foreign investors net sold 1,085 billion dong, shaking strongly, focusing on HPG discharge

(Source: Thu Thao summarizes).

On the net buying side, foreign investors focused on pouring capital into SHS (76 billion dong), on the other hand, there were NVB shares (39 billion dong). In the same direction, foreign investors net bought THD, PLC, IDV, and SXB shares of less than 10 billion dong. Besides, BAX, TIG, VIG, ART also reached the top net buying.

On the other side, the only ticker that recorded a net selling value of over 100 billion dong on the HNX was SHB (129 billion dong). Following that, foreign investors withdrew from PVS (VND 27 billion), APS (VND 9 billion), LHC (VND 6 billion) and IDJ (VND 6 billion). At the top of net selling, there were also BVS, PPS, VCS, TNG, and VNR.

Foreigners were the only net buyers at UPCoM

Transactions at UPCoM, foreign investors were net buyers on Tuesday, Wednesday and Friday while net sold in the remaining sessions. Accordingly, only on the UPCoM market, foreign investors net bought slightly with nearly 3 billion dong, but net sold 1.3 million shares.

Foreign investors net sold 1,085 billion dong, shaking strongly, focusing on HPG discharge

(Source: Thu Thao summarizes).

In terms of specific value, the outward capital flow was directed to VEA shares (VND 24 billion), along with ACV (VND 16 billion) and QNS (VND 11 billion). Besides, foreign investors net sold MCH (8.5 billion dong), MML (6.6 billion dong), FOC, HC3, ABI, NHT, and LTG.

In contrast, foreign investors net sold VTP shares (33.6 billion VND), along with MSR (30 billion VND). Foreign investors also placed net selling pressure on KHD, CTR, BSR, HIG, EFI, KSH, CNC, and ACE stocks.

Source: vietnambiz.vn – Translated by fintel.vn

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