FPT leads securities proprietary trading net buying on HoSE

Overview

On Friday, August 21, 2026, proprietary trading desks of securities firms continued their net buying streak on the Ho Chi Minh Stock Exchange (HoSE), purchasing a net VND 169 billion. FPT Corporation (HOSE: FPT) led the buying with VND 35 billion, followed by MWG and MBB. Foreign investors also turned net buyers, adding VND 61 billion across the market, contributing to the VN-Index’s 1.95% rise to 1,768.12 points.

Key Facts

• Proprietary trading desks net bought VND 169 billion on HoSE on August 21.
• FPT saw the largest net buying at VND 35 billion, with MWG at VND 31 billion and MBB at VND 26 billion.
• Other net-bought tickers included MSN (VND 17B), HPG and LPB (VND 15B each), STB (VND 14B), VIC (VND 12B), VPB (VND 11B), and CTG (VND 10B).
• GEL was the most net-sold stock by proprietary desks at VND 27 billion, followed by SSI (VND 11B), TCB (VND 7B), SHB (VND 6B), FRT (VND 5B), BID (VND 4B), POW (VND 3B), and HT1, HPA, DBC (VND 2B each).
• Foreign investors reversed to net buying VND 61 billion on the whole market.
• VN-Index closed at 1,768.12, up 33.88 points (+1.95%).

What Happened

The Vietnamese stock market ended the week on a strong note, with the VN-Index advancing 1.95% to 1,768.12 points, supported by gains in large-cap stocks. Late-session recovery in Vingroup-related shares added momentum, pushing the index near the 1,770 level. Trading data from HoSE showed that proprietary trading desks of securities firms continued their net buying trend, purchasing VND 169 billion worth of stocks.

FPT was the top pick for proprietary desks, with net buying of VND 35 billion, followed by MWG (VND 31 billion) and MBB (VND 26 billion). Other notable net purchases included MSN, HPG, LPB, STB, VIC, VPB, and CTG. On the selling side, GEL was the most heavily net-sold stock, with VND 27 billion, followed by SSI and TCB. Foreign investors also turned net buyers, contributing VND 61 billion to the market, a positive shift after recent selling pressure.

Market Context

FPT Corporation (HOSE: FPT) closed at VND 72,000 on August 21, reflecting the positive sentiment. The stock has been a consistent favorite among institutional investors due to its strong technology and digital transformation growth. The broader market, as measured by the VN-Index, has been volatile but is showing resilience, with large caps leading the recovery. The proprietary trading activity indicates that domestic securities firms are confident in the market’s near-term outlook, while the return of foreign net buying adds further support.

Strategic Significance

For long-term investors, the sustained net buying by proprietary desks, particularly in FPT, signals confidence in the company’s fundamentals and growth prospects. FPT’s leadership in technology services and digital transformation makes it a key beneficiary of Vietnam’s digital economy push. The foreign net buying reversal also suggests improving sentiment among international investors, which could lead to increased capital inflows. The focus on large-cap, liquid stocks like FPT, MWG, and MBB indicates a preference for quality names with strong earnings visibility.

What to Watch

• Continued net buying by proprietary desks in the coming sessions, especially in FPT and other tech names.
• Foreign investor flows: whether the net buying trend sustains or reverses again.
• FPT’s upcoming quarterly earnings report for Q3 2026, due in October, to confirm growth momentum.
• Market-wide liquidity and VN-Index movement around the 1,770 resistance level.
• Any regulatory changes affecting proprietary trading or foreign ownership limits.