Foreign investors aggressively sold over 660 billion VND worth of VPB shares in two trading sessions.

Selling pressure, coupled with cautious investor sentiment, resulted in a slightly higher opening price in a rather mixed market. The VN-Index traded sideways within a narrow range this morning, but the market remained vibrant.

The bright spot was the real estate sector, with leading stocks like NVL rising 4.9%, DXG up 4%, and DIG, CII, and VCG increasing by more than 1%.

At the close of the morning trading session on November 22nd, the VN-Index fell 1.13 points, or 0.1%, to 1,109.33 points. Across the entire exchange, there were 195 gainers and 240 losers. The HNX-Index decreased by 0.42 points to 229.38 points. The UPCoM-Index fell by 0.25 points, or 0.29%, to 85.97 points.

VN-Index performance on November 22nd (Source: Fire Ant).

Entering the afternoon session, investor sentiment became more cautious and demand was weak, causing the index to fluctuate and reverse slightly downwards compared to the morning session.

At the close of trading on November 22, the VN-Index fell 1.13 points, or 0.1%, to 1,109.33 points. Across the entire exchange, there were 195 gainers, 240 losers, and 98 stocks that remained unchanged.

The HNX-Index rose 0.69 points, or 0.3%, to 230.49 points. Across the entire exchange, there were 78 gainers, 65 losers, and 80 stocks unchanged. The UPCoM-Index fell 0.18 points to 86.04 points. The VN30 basket alone recorded 18 declining stocks.

The real estate sector surged as NVL hit its ceiling price with nearly 68 million units traded, DXG rose 4.69% with 38 million units traded, DIG increased 2.5% with 25.6 million units traded, and CEO gained 1.3% with 20 million units traded. Conversely, two VinGroup stocks, VHM and VIC, fell by 0.26% and 1.41% respectively.

Securities stocks also attracted investment, with VIX trading 42.7 million units, VND trading 31.4 million units, SHS trading over 29 million units, and SSI trading 23 million units.

The two retail giants, MWG and FRT, closed in the red, falling by 2.69% and 0.29% respectively.

Foreign investor transaction statistics.

The total value of matched orders in today's session reached VND 11,435 billion, a decrease of 35% compared to the previous session. Of this, the value of matched orders on the HoSE reached VND 8,803 billion, a decrease of 31%. In the VN30 group, liquidity reached VND 2,120 billion.

Foreign investors continued their strong net selling activity with a value of nearly VND 714.7 billion, including VND 827.91 billion in disbursements and VND 1,542.6 billion in sales.

Stocks that experienced heavy selling pressure included VPB (452.5 billion VND), VHM (73.43 billion VND), MWG (59 billion VND), VRE (44 billion VND), VIC (43 billion VND), etc. Conversely, stocks that saw strong buying activity were mainly STB (103.8 billion VND), NKG (35 billion VND), PVT (12 billion VND), SSI (8.6 billion VND), and SSI (6.5 billion VND).

Today marks the second consecutive session of foreign investors selling VPB shares. In just yesterday's and today's sessions, foreign investors have net sold a total of 663.6 billion VND.

Earlier in September 2023, this stock received significant attention from foreign investors after the foreign ownership limit was officially increased to 30% of the charter capital.

The trading session on September 6th witnessed a surge in foreign investor activity in VPB shares, with this group of investors buying a net of nearly 20.3 million units, worth over 430 billion VND. This was the strongest net buying session by foreign investors in VPB since the beginning of the year. Over the week from September 4th to 9th, foreign investors bought a net of 856.4 billion VND worth of VPB shares, mainly through negotiated transactions.

Previously, VPB shares were continuously sold net by foreign investors in August, with a cumulative total of over 40.7 million units, worth more than 860 billion VND .

Source: https://www.nguoiduatin.vn/khoi-ngoai-manh-tay-xa-hon-660-ty-dong-co-phieu-vpb-trong-2-phien-a637176.html