Hanoi, October 17 – Foreign investor activity provided a significant boost to the Vietnamese market on October 16, as they returned to a net buying position across the entire market, totaling over 404 billion VND (approximately $16.4 million USD). This influx of capital helped the VN-Index close nearly 9 points higher at 1,766.85 points, amidst a volatile session marked by high liquidity, with matched order value on the HoSE reaching nearly 35 trillion VND.
The strongest activity was observed on the Ho Chi Minh Stock Exchange (HOSE), where foreign investors net bought approximately 527 billion VND (over $21.4 million USD).
HOSE: The Biggest Buys
The property developer NLG (Nam Long Investment Corporation) was the clear favorite, attracting the largest net buying value across the entire market at 298 billion VND. Following closely were GEX (Gelex Group) and DXG (Dat Xanh Group), both seeing robust net purchases exceeding 200 billion VND each. Additionally, the duo of VIX (VIX Securities) and VIC (Vingroup) were also heavily net bought, ranging from 88 billion VND to nearly 130 billion VND.
HOSE: Key Stocks Sold Off
On the selling side, foreign investors offloaded the most shares of SHB (Saigon-Hanoi Commercial Joint Stock Bank), with a net selling value of 164 billion VND. This was followed by major net selling in blue-chip stocks SSI (SSI Securities), HPG (Hoa Phat Group), and VCI (Vietcap Securities), each seeing sales of approximately 100-114 billion VND. MSN (Masan Group) also faced selling pressure, with nearly a hundred billion VND in net sales.
HNX and UPCOM Activity
In contrast to the HoSE, the Hanoi Stock Exchange (HNX) saw foreign investors net sell approximately 131 billion VND.
- Top Buys on HNX: The strongest net purchase was in PVS (PetroVietnam Technical Services) at 14 billion VND, with smaller net buys in HUT, TNG, and VGS.
- Top Sells on HNX: CEO (CEO Group) and SHS (SHS Securities) were the most heavily sold, at 82 billion VND and 53 billion VND, respectively. IDC (IDICO Corporation) also saw net selling of 21 billion VND.
Meanwhile, the Unlisted Public Company Market (UPCOM) recorded a small net buying total of approximately 8 billion VND, with MCH (Masan Consumer) and VEA (Vietnam Engine and Agricultural Machinery) leading the purchases with 5-12 billion VND each.
