Foreign investors net sold for 5 consecutive sessions on Vietnam stock exchange

On the first day of the week, the Vietnamese stock market recorded significant positive signals. The VN-Index at the closing session on January 8, 2023 recorded an increase of 0.48% to 1,160 points. Trading cash flow continued to remain above the threshold of VND 17,000 billion, higher than the average of previous sessions.

Foreign investors net sold nearly 250 billion in the first session of the week, marking the 5th consecutive selling session (Photo TL)

However, it is noteworthy that foreign investors are still maintaining strong net selling force. Specifically, the group of foreign investors recorded the 5th consecutive net selling session with a total value of up to 251 billion VND.

On the HoSE, foreign investors recorded a net sale of VND249 billion with a net purchase of VND43 billion in banking stocks. The net sale direction recorded a strong sale at FUFVFVND with a sale of up to VND182 billion.

On the HNX, CEO code was the most net bought with a value of 1.5 billion VND. Net selling was at securities companies with a value of nearly 6 billion VND. On the UPCoM floor, foreign investors recorded a net buying of about 1 billion VND.

The above move by the group of foreign investors continued a long series of net selling sessions, withdrawing money from the Vietnamese stock market. In 2023 alone, foreign investors net sold 23,000 billion VND. The selling volume mainly came from the group of Bluechip stocks (high-value stocks) in the banking and steel industries. In contrast, MWG shares of Mobile World were bought a lot, different from the selling trend in previous months.

Source: https://www.congluan.vn/khoi-ngoai-ban-rong-lien-tiep-5-phien-tren-san-chung-khoan-viet-nam-post280144.html