Foreign investors sold off 1.5 trillion VND worth of shares, with FPT being the focal point as it saw a sell-off of 222 billion VND.

Foreign investors have had consecutive net selling sessions, with selling concentrated heavily on technology companies. A highlight last week was the peak in sellingFPT shares, with foreign investors selling a total of 2,500 billion VND worth of FPT stock.

Foreign investors sold nearly 1.5 trillion VND worth of shares, with 222 billion VND of that selling pressure concentrated in FPT shares (Photo: TL).

This week, the market continued to experience a volatile trading session, with the VN-Index closing slightly higher by 0.29 points, reaching 1,279 billion VND. Foreign investors continued to net sell another 1,500 billion VND, putting pressure on the market.

On the HoSE exchange, foreign investors net sold 1,511 billion VND. The focus of buying was on HAH, shares of Hai An Loading and Unloading Transport, which saw purchases of 70 billion VND. On the selling side, FPT shares continued to be sold off, with an additional 222 billion VND in net sales after reaching a peak price higher than in previous months.

On the HNX exchange, contrary to last week, foreign investors sold a net 5 billion VND. The selling pressure was concentrated on SHS shares with a value of 12 billion VND, followed by PVS with 11 billion VND.

On the UPCoM exchange, foreign investors again made net purchases of 42 billion VND. The surge in buying was concentrated in consumer goods stocks.

Source: https://www.congluan.vn/khoi-ngoai-xa-ban-1500-ty-tam-diem-fpt-bi-ban-thao-222-ty-dong-post299979.html