Foreign investors were net sellers of approximately 421 billion VND (~$16.84 million) on the session, with proprietary trading by securities companies also showing significant net selling in specific stocks like FUEVFVND and HPG.
Foreign investors and proprietary trading desks returned to net selling on HOSE on April 21, with a net outflow of over 305 billion VND, led by sales in FPT, VCB, and MSB. The ETF certificate FUEVFVND saw a large block trade with foreign investors buying nearly 294 billion VND while proprietary desks sold a similar amount.
Foreign investors were net sellers on the Vietnamese stock market on April 21, with a net sell value of approximately 421 billion VND (~$16.84 million USD), led by selling in FPT, VCB, and MSB, while buying FUEVFVND, HPG, and MSN.
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.
Foreign investors continued strong net selling of 1,122 billion VND last week, particularly in banking, real estate, and technology stocks, amidst weakening market momentum and declining liquidity, just before FTSE Russell's market upgrade review announcement.