STB

ACB was the most sold stock by proprietary trading desks on HOSE, with net selling of VND 82 billion, as foreign investors unexpectedly net sold a massive VND 5,760 billion across the entire market. The selling pressure comes despite a market rebound, signaling caution from both domestic and foreign institutional players.

Foreign investors net sold nearly VND 6,000 billion in a single session, with VIC alone accounting for VND 4,900 billion of the outflow. Domestic institutions net bought VND 5,500 billion, partially offsetting the selling. Analysts expect the foreign selling trend to continue until August or September, tied to market upgrade expectations.

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 19.3 trillion on HOSE in May 2026, the highest in 7 months, with cumulative year-to-date net selling reaching VND 64.4 trillion. FPT, MSB, ACB, and VHM were the most sold, while VCB was the only stock with net buying over VND 1 trillion. The persistent selling pressure reflects global fund rebalancing and defensive positioning ahead of Vietnam's market upgrade.

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.

The State Bank of Vietnam has relaxed real estate credit growth caps for 25 commercial banks, excluding social housing and industrial zone loans from the limit. While intended to boost priority segments, the policy raises asset quality concerns if the property market recovery slows, impacting banks like ACB, BID, CTG, and EIB.