STB Volume Spike

Individual investors net bought 2.2 trillion VND while foreign investors net sold 2.47 trillion VND, leading to a market correction with the VN-Index dropping nearly 20 points. Despite the decline, trading volume was low, indicating no panic selling, with funds rotating into small/medium-cap real estate and banking stocks.

On April 9th, foreign investors strongly net bought HPG shares for over 480 billion VND, while net selling VHM, BID, and VCB. Proprietary traders showed light net buying on HOSE, focusing on TCB, VHM, and NVL, but net sold STB and MWG.

Vietnam recorded a record 345,979 new domestic investor accounts in March, surpassing the government's 2030 target, while foreign investors also opened 427 new accounts. Despite this strong investor interest, the VN-Index fell by 10.95% in March, accompanied by significant foreign net selling and increased trading liquidity.