DCM

DPM, DCM, BFC, LAS face a second wave of domestic fertilizer price hikes in 2025, with DAP and urea up 5-11% since March. Global cost pressures and rising logistics expenses support margins for producers but squeeze farmers, potentially dampening demand.

NVL was the most sold stock by proprietary trading desks on HOSE on June 3, with net selling of VND 87 billion, as total proprietary net selling reached VND 995 billion. The selling pressure adds to NVL's recent decline, with the stock closing at VND 13,600, down 4.23% on the day.

Foreign investors net sold VND 633 billion on June 1, the eighth consecutive session, with ACB leading the sell-off at VND 109 billion. Proprietary desks also net sold nearly VND 35 billion on HOSE. The persistent outflow pressures banking and energy stocks while selective buying supports retail and technology names.

Proprietary trading desks of securities companies net sold 360 billion VND on HOSE on June 1, 2026, with SHB the most sold stock at -29 billion VND. Foreign investors also net sold 634 billion VND across the market, adding to negative sentiment. The selling pressure contributed to a 1.02% drop in the VN-Index to 1,844.54 points.

On May 29, proprietary trading desks at securities companies net sold VND 570 billion on HOSE, while foreign investors net sold approximately VND 750 billion across the entire market. VPB was the most bought stock by proprietary desks, with net purchases of VND 57 billion, while E1VFVN30 saw the largest net selling.

GEE was the most sold stock by proprietary trading desks on May 28, with net selling of 117 billion VND, as the VN-Index fell 0.57%. Foreign investors also net sold 551 billion VND across the market. VHM was the top net bought stock by proprietary desks at 44 billion VND.

MSB was the focal point of foreign selling on May 25, with net outflows of VND 1.16 trillion, contributing to total foreign net selling of VND 1.7 trillion. The selling pressure extends a three-day streak of over VND 6.6 trillion in foreign outflows, signaling sustained foreign investor caution toward Vietnamese equities.

DCM posted a 91% jump in Q1 net profit to 789 billion VND, driven by a 34% rise in urea export revenue amid global supply disruptions. Mirae Asset raised its target price to 47,000 VND, citing strong export momentum and a capacity expansion plan, though domestic demand risks remain.

Foreign investors net sold VND 3,905B (~USD 156M) across Vietnamese exchanges in the week of May 11-15, with VHM (Vinhomes) being the most sold stock at VND 1,075B. The selling pressure was concentrated on large-cap stocks, while MSN, BSR, and GEX saw net buying.