Foreign and Proprietary Traders Net Sell on HOSE Despite VN-Index Gain on June 10
This Aveluro analysis covers ACB on HOSE in the Banks sector. The classified event type is foreign flow, with negative sentiment and a deterministic market-impact score of 3.5/10. Aveluro classifies this story as a negative catalyst and risk signal for the affected stock. Source coverage came from Vietstock - Cổ phiếu, classified as a primary/top-tier source.
Key Facts
Caveat: Not investment advice. · How Aveluro computed this: Aveluro combines extracted event facts, source credibility, ticker context, and market data. Scores are deterministic research signals, not recommendations.
Overview
On June 10, 2026, both proprietary traders and foreign investors were net sellers on the HOSE exchange, even as the VN-Index rose nearly 11 points. Foreign net selling reached 551 billion VND (~22 million USD), concentrated in banking stocks MBB and VPB. Proprietary traders sold a net 30 billion VND, reversing the prior session’s net buying, with ACB and FPT the most sold.
Key Facts
- Foreign investors net sold 551 billion VND (~22 million USD) on HOSE on June 10.
- Proprietary traders net sold 30 billion VND, reversing from net buying the previous session.
- MBB was the most sold by foreign investors, with net selling of 87 billion VND.
- VPB followed with foreign net selling of 77 billion VND.
- VJC was the top foreign net buy, with 46 billion VND.
- Proprietary traders sold ACB (28 billion VND) and FPT (27 billion VND) the most.
- BID and HAH were the top proprietary net buys, with 16 billion VND and 15 billion VND respectively.
What Happened
On June 10, 2026, the VN-Index rose nearly 11 points, but foreign investors continued their net selling trend, with total net sell value of 551 billion VND on HOSE. The selling was concentrated in banking stocks, particularly MBB and VPB. This extends a persistent foreign outflow that has been observed throughout 2026, with only 3 out of 28 trading sessions since May seeing foreign net buying.
Proprietary traders also turned net sellers, with a net sell value of 30 billion VND, reversing the prior session’s net buying. Their trading activity remained cautious, with total buy and sell values significantly lower than recent sessions. ACB and FPT were the most sold by proprietary desks, while BID and HAH were the most bought.
Market Context
ACB closed at 26,500 VND (unchanged) on June 10, with volume of 38 million shares. BID rose 1.22% to 41,650 VND, FPT gained 0.68% to 74,200 VND, and HAH fell 0.74% to 53,300 VND. The banking sector, which includes ACB, BID, MBB, and VPB, has been under persistent foreign selling pressure. The VN-Index’s gain on the day did not deter foreign outflows, highlighting the structural nature of the selling.
Strategic Significance
The continued foreign net selling, despite the market’s upgrade to emerging market status, suggests that global factors (such as rising US interest rates or risk-off sentiment) are outweighing local positives. The concentration of selling in banking stocks indicates that foreign investors are reducing exposure to the sector, possibly due to concerns about asset quality or profitability. Proprietary traders’ shift to net selling, particularly in ACB and FPT, may reflect a cautious short-term outlook.
What to Watch
- Whether foreign net selling persists in the coming sessions, especially in banking stocks.
- Any change in proprietary trading direction, particularly if ACB and FPT continue to be sold.
- The impact of foreign selling on ACB’s share price, given its high foreign ownership limit.
- Upcoming macroeconomic data (e.g., inflation, GDP) that could influence foreign investor sentiment.
- SBV policy moves, as interest rate decisions affect bank profitability and foreign flows.