Foreign investors, self-employed and individuals "agree" to net buy

The past trading week ended with many emotions for Vietnamese investors, marked by an important event: foreign investors (FIIs) had their first week of net buying of stocks in the Vietnamese market in 2025, with a total net buying value of VND 686 billion.

VN-Index recovers strongly after shock

The highlight of the week was the trading session on April 22, when the VN-Index plunged more than 70 points with a series of stocks hitting the floor, causing many investors to "stop their breath". However, the market's subsequent rebound was surprising, as the main index recovered almost completely thanks to strong bottom-fishing cash flow. At the end of the week, the VN-Index increased by 10.11 points (+0.83%) compared to the previous week, closing at 1,229.23 points.

In total, after 5 sessions, foreign investors net bought 686 billion VND in the whole market, marking the first week of net buying in 2025.

Mr. Han Huu Hau, an analyst at VPS Securities Company, commented: "Despite strong fluctuations, the market shows good internal health when there is always demand support at low prices. The quick recovery after the shock on April 22 proves that domestic investors' confidence remains stable."

Foreign transactions also moved in line with the market's recovery trend. Last week, foreign investors net bought a total of VND686 billion, the first time they recorded net buying since the beginning of 2025.

Specifically, foreign investors net bought VND588 billion on HoSE, slightly net sold VND11 billion on HNX and net bought VND109 billion on UPCoM. The most heavily collected codes included HPG (VND514.1 billion), MWG (VND337.9 billion) and STB (VND141.2 billion). In contrast, net selling pressure was concentrated on FPT (VND271.3 billion), HCM, FTS and KBC, each code was sold over VND150 billion.

Mr. Le Anh Tuan, Director of Investment Strategy at Dragon Capital, analyzed: "The return of foreign capital shows that foreign investor sentiment is changing positively, especially in the context of Vietnamese stock valuation becoming more attractive after strong adjustments."

Besides foreign investors, the securities companies' proprietary trading sector also had an extremely active trading week, with a total net buying value of VND1,233.2 billion, of which matched transactions alone reached VND1,150.8 billion. Proprietary traders net bought in 12/18 industry groups, with Real Estate and Food and Beverage leading in value.

The top stocks that were bought the most by self-trading during the week included: MWG, HPG, FPT, VIC, MSN, VHM, VNM, VRE, MBB and VJC. On the contrary, the group of stocks that were sold off strongly belonged to the Industrial Goods and Services sector such as VTP, GMD, VND, VIB .

Independent securities analyst Nguyen Minh Hoang commented: "The strong net buying by self-trading shows expectations for a medium-term recovery of the market. In particular, the cash flow focusing on bluechip stocks shows a strategy of prioritizing safety and high liquidity in the current period."

Individual investors maintain net buying position

Notably, domestic individual investors continued to play a supporting role in the market when they net bought VND557 billion, mainly in banking stocks such as STB, ACB, VPB, SHB , VCB, LPB and TCB. Meanwhile, they net sold mainly in Food & Beverage and Basic Resources stocks such as HPG, MWG, MSN, VNM.

The concentration of net buying in the banking group partly reflects the expectation that bank stock valuations are at an attractive level, and expectations of macroeconomic stability in the coming months.

Last week's negotiated transactions reached VND2,038.5 billion, up 29.6% compared to the previous week, accounting for 9.3% of the total transaction value of the entire market. The highlight was the negotiated transaction of SIP shares, with nearly 5.5 million units worth VND329.4 billion changing hands.

In addition, large-cap stocks such as HPG, VHM and banking groups (TCB, VPB, STB, ACB, VIB) also recorded active deal activity, showing preparation for changes in portfolio structure of ETF funds and investment institutions.

Although the market still recorded a clear differentiation - typically the weakening banking group reduced the traction of VIC and VHM - however, the fact that VN-Index successfully defended the 1,220-point mark in the last session of the week is considered a positive signal.

Mr. Le Anh Tuan added: "If foreign capital continues to maintain the net buying trend, while self-employed traders and individual investors also agree to buy at the bottom, VN-Index has the opportunity to consolidate the base area above 1,220 points and aim to challenge higher resistance areas in May."

The first trading week with net foreign buying in 2025 has partly created more confidence in the Vietnamese stock market. With many large cash flows such as self-employed, individuals and foreign investors actively participating, the ability to maintain the recovery trend and expand the growth momentum in the coming time is assessed as quite bright.

Source: https://thoibaonganhang.vn/khoi-ngoai-tu-doanh-va-ca-nhan-dong-thuan-mua-rong-163411.html