Foreign Investors Net Sell Over VND 720B on June 8, FPT and VHM Lead Sold Stocks

Overview

On June 8, 2026, foreign investors net sold over VND 720 billion on the Ho Chi Minh Stock Exchange (HOSE), with FPT, VHM, MSN, VIC, VPB, TCB, VIX, SSI, and HPG being the most sold stocks. The VN-Index fell 2.63% to 1,790.53 points, with total matched order value reaching VND 15,959.7 billion, up 30.5% from the previous session.

Key Facts

• Foreign investors net sold VND 720.2 billion in matched orders on June 8, 2026.
• Top sold stocks: FPT, VHM, MSN, VIC, VPB, TCB, VIX, SSI, HPG.
• VN-Index closed at 1,790.53 points, down 2.63%.
• Total matched order value on HOSE reached VND 15,959.7 billion, up 30.5% from the prior session.
• Foreign investors were net buyers in personal & household goods and construction & materials sectors.
• Domestic individual investors net bought VND 360.1 billion in matched orders, focusing on financial services.
• Proprietary trading desks net sold VND 89.8 billion in matched orders.
• Notable block trade: over 9.4 million MSN shares worth VND 700.7 billion traded among domestic individuals.

What Happened

According to exchange data, foreign investors extended their net selling streak on June 8, 2026, with matched-order net sales of VND 720.2 billion. The selling was concentrated in real estate, technology, and securities stocks, with FPT, VHM, MSN, VIC, VPB, TCB, VIX, SSI, and HPG leading the sell-off. The VN-Index dropped 2.63% to 1,790.53 points, while total market turnover on all three exchanges reached VND 20,361.4 billion, up 33.7% from the previous session.

On the buying side, foreign investors were net buyers in personal & household goods and construction & materials sectors, with top purchases including VCB, ACB, STB, NVL, PNJ, KDH, VNM, GMD, FRT, and BAF. Domestic individual investors absorbed foreign selling, net buying VND 360.1 billion in matched orders, primarily in financial services stocks such as VHM, MSN, FPT, HCM, VIC, SHB, SSI, VND, STB, and MBB.

Market Context

The broad-based sell-off on June 8 pushed the VN-Index down 2.63%, with all major sectors declining. FPT closed at VND 72,900 (-2.80%), VHM at VND 146,700 (-3.49%), MSN at VND 70,800 (-3.15%), and VIC at VND 195,000 (-5.80%). The selling pressure was particularly heavy on real estate and technology stocks, which have been under foreign net selling in recent sessions. The VN-Index’s decline came on above-average volume, with matched orders rising 30.5% from the prior session, indicating heightened participation.

Strategic Significance

The persistent foreign net selling, especially in large-cap stocks like FPT, VHM, and VIC, reflects ongoing risk-off sentiment among international investors amid global monetary tightening and domestic regulatory uncertainty. The concentration of selling in real estate and technology suggests concerns about sector-specific headwinds, including property market slowdown and tech valuation adjustments. However, domestic individual investors and institutions have been absorbing the supply, indicating that local confidence remains relatively strong. The ability of the market to stabilize will depend on foreign flow reversal and clarity on policy direction.

What to Watch

• Foreign net selling momentum in the coming sessions, particularly in FPT, VHM, and VIC.
• VN-Index support level at 1,750 points and potential rebound catalysts.
• Q2 2026 earnings reports from top sold stocks, especially FPT and VHM.
• Any regulatory announcements regarding real estate or technology sectors.
• Block trade activity, particularly in MSN and other heavily traded stocks.