Vietnam’s benchmark VN-Index wrapped the last trading session in June with a second consecutive drop after a previous seven-day-winning streak even when foreign investors continued to post a net buying value of VND387.54 billion on the HOSE.
The Vietnam stock market encountered a tug-of-war throughout the trading session on April 19 but still closed down due to increased selling pressure, including net sales of more than VND460 billion by foreign investors on the HoSE.
Despite the selling pressure in many sectors, the VN-Index still gained slightly in the trading session on the last day of October, thanks to the effort of the pillar stocks. In contrast, steel stocks continued to be engulfed in the red color due to heavy losses in the third quarter.
Vietnam’s stock market took place negatively in the morning trading session on October 24 due to strong selling pressure across the market. The VN-Index closed the morning trading session at only 996.45 points after dropping by nearly 24 points, with several real estate and securities stocks hitting the floor.
While the cash flow has not shown any signs of returning to the market, the selling pressure caused the VN-Index to fall off the milestone of 1,200 points in the last trading session of the second quarter.
The Vietnam stock market in the first trading session of the week on January 24 was quite negative when investors dumped stocks heavily. Foreign investors also net sold about VND220 billion on the HoSE.