Foreign investors return to net selling, VN-Index narrows growth momentum in session 10/29

The stock market maintained green in the session on October 29, but the increase narrowed towards the end of the session due to increased selling pressure in large-cap stocks.

Customers transact at Bao Viet Securities Company's headquarters in Hanoi . Photo: Tran Viet/VNA

At the end of the session on October 29, VN-Index increased by 5.33 points to 1,685.83 points; HNX-Index increased by 1.26 points to 268.04 points. The whole market recorded 490 stocks increasing, 211 stocks decreasing; VN30 basket had 22 stocks increasing, 7 stocks decreasing and 1 stock remaining unchanged.

Liquidity decreased compared to the previous session, with matched volume on HOSE reaching more than 823 million shares, worth more than VND23,400 billion; on HNX reaching more than 66.7 million shares, worth more than VND1,300 billion.

In the afternoon session, the buying pressure maintained, helping the VN-Index approach 1,696 points at times, but the selling pressure suddenly returned, causing the index to narrow its increase range. VCB, BID, VJC and HDB codes contributed greatly to the increase of the VN-Index, while VIC, VHM, VRE and HVN were the reasons for the index to narrow its increase.

On the Hanoi Stock Exchange, the HNX-Index was supported by KSV (up 3.52%), IDC (up 2.71%), HUT (up 1.79%) and BAB (up 2.46%) helping the index maintain green.

By industry group, energy led the increase, notably BSR (up 6.83%), PLX (up 1.32%), PVS (up 1.27%) and PVD (up 1.49%). The group of raw materials and essential consumer goods also increased very positively. On the contrary, real estate was the group with the strongest decrease due to VIC (down 3.68%), VHM (down 2.99%), VRE (down 2.31%) and DXG (down 0.24%).

Regarding foreign transactions, foreign investors returned to net selling more than VND805 billion on HOSE, focusing on MBB (VND148.97 billion), VIX (VND137.67 billion), SSI (VND130.71 billion) and HPG (VND123.06 billion). On HNX, this group net sold more than VND67 billion, mainly at IDC (VND42.59 billion), CEO (VND17.62 billion), SHS (VND13.25 billion) and MBS (VND8.82 billion).

In general, although the market still maintained its green color thanks to support from the energy and banking groups, the return of foreign investors to net selling and profit-taking pressure in the real estate group prevented the VN-Index from making a strong breakthrough in the short term.

Source: https://baotintuc.vn/thi-truong-tien-te/khoi-ngoai-quay-lai-ban-rong-vnindex-thu-hep-da-tang-trong-phien-2910-20251029161023653.htm