One positive point is that the net selling value has narrowed significantly, with an important contribution from DSE, a "newbie" stock on the stock exchange.
Continuing the recovery momentum, VN-Index opened the trading session on July 2 in green and maintained it throughout. The increase was extended towards the end of the session thanks to the main pull of large-cap stocks. Closing the session, VN-Index jumped 15.23 points (+1,21%) to nearly 1,270 points.
In the context of the VN-Index's improvement, foreign trading was a minus point when they net sold more than VND31 billion across the market, marking the 18th consecutive "dumping" session. A positive point is that the net selling value has narrowed significantly, with an important contribution from DSE, a "newbie" stock on the stock exchange.
On HOSE, foreign investors net sold more than 48 billion VND
In the buying direction, DSE shares of newly listed DNSE Securities were the most strongly net bought by foreign investors with more than 6.6 million shares, equivalent to a value of VND 191 billion. On July 1, 2024, 330 million shares of DNSE Securities JSC officially listed on HoSE with the stock code DSE. At the end of the trading session on July 2, DSE's market price stopped at VND 28,700/share, equivalent to a capitalization of nearly VND 9,500 billion. It is known that DNSE is the only securities company to conduct IPO and listing in the past 5 years.
It is known that foreign fund Consilium Investment Management (USA) net bought more than 6.6 million DSE shares in the session on July 2. After the transaction, this fund holds more than 2% of DNSE capital. This shows that liquidity is vibrant and foreign investors are interested in DSE shares despite being newly listed.
On the contrary, VHM stock was the focus of foreign net selling with a value of 61 billion VND. Following that, TCB, VRE, VPB and MWG were also net sold by foreign investors with a value of several tens of billion VND each.
On HNX, foreign investors net bought more than 18 billion VND
In the buying direction, PVS was the most net bought with a value of 25 billion VND. Besides, PVB, CEO, IDC ranked next in the list of strong net bought on HNX but the value was only about 1 billion VND.
In the opposite direction, PVI and LAS were the two stocks under net selling pressure from foreign investors with a value of 3 billion VND; following DTD, IDJ and TVD were net sold under 1 billion VND.
On UPCOM, foreign investors net sold 1 billion VND
In the afternoon, MCH shares were bought by foreign investors for 13 billion VND. Following that, ACV and BSR were also net bought for about 1 billion VND each.
On the contrary, QTP and QNS were net sold by foreign investors with 5 billion and 4 billion VND respectively. In addition, foreign investors also net sold CST, OIL, DDV...
Source: CafeF
