Closing the session on September 20, VN-Index was almost flat compared to the previous session, slightly increasing by 0.77 points to 1,272.04 points. Liquidity on HoSE improved sharply with a total transaction value of more than VND 21,820 billion.
The last trading session of the week saw foreign investors turn to net sell about 289 billion VND across the market, ending the previous consecutive net buying streak. On HoSE, VHM stock was sold the most by foreign investors on HOSE with a value of 268 billion VND. Next were VIX, VNM, EVF with net selling values of 192 billion, 178 billion and 107 billion VND respectively.
On the other hand, SSI shares were bought the most with a value of about 194 billion VND, TCB more than 100 billion VND, VND, STB, VRE codes also recorded net buying value of tens of billions of VND by foreign investors.
On HNX, foreign investors net bought 27 billion VND, in contrast, UPCOM net sold more than 4 billion VND.
In the previous trading sessions, foreign investors have been net buyers for 4 consecutive sessions. In the session of September 19 alone, the net buying value was over 430 billion VND in the whole market.
The bright spot in the market was SSI shares, which continued to lead with a net purchase value of nearly VND281 billion. Next was HCM with VND58.7 billion and FUEVFVND fund certificates with VND51.8 billion. In addition, foreign cash flow also flowed into VHM, PDR, FPT, TCB, KBC, MWG and VCB with a scale of VND25 - 42 billion.
On the contrary, HPG shares of Hoa Phat Group led the net selling with a scale of 73.3 billion VND. VND and VPB were net sold with 44.6 billion VND and 34.6 billion VND respectively. Foreign investors also net sold KDH, VCG, PVD, DCM, MSN, EIB and GAS with a value of less than 40 billion VND...
Recently, the Ministry of Finance issued Circular 68/2024/TT-BTC amending and supplementing a number of articles of the Circulars regulating securities transactions. The new point of Circular 68 allows "stock purchase transactions that do not require sufficient funds when placing orders according to the regulations of foreign institutional investors".
This is considered an important step to remove the "bottleneck" for foreign investors, and at the same time an important step to help upgrade the stock market.
