On HoSE today, foreign investors bought more than 1,800 billion VND worth of shares. However, no single stock saw net-buying exceed one hundred billion VND. Conversely, these investors sold over 2,250 billion VND, with TCB (nearly 153 billion VND), HDB (nearly 118 billion VND), and PNJ (nearly 116 billion VND) being the primary focus of sell-offs.

Overall, foreign investors recorded a net selling value of approximately 451 billion VND. This extends their selling streak to 12 consecutive sessions. With the exception of 21/9, the date the Vietnamese stock market was officially upgraded, capital withdrawal has been the prevailing trend in foreign transactions. Cumulatively, by the end of today's trading, foreign investors had net sold over 11,400 billion VND, equivalent to more than 436 million USD.

Investors monitor an electronic price board at a securities company in Ho Chi Minh City. *Quynh Tran*

The continued selling by foreign investors weighed on overall market sentiment. This pervasive caution kept HoSE's liquidity low, reaching nearly 15,900 billion VND, a slight increase of more than 4% from yesterday. Since the market upgrade, total transaction values have consistently remained below the 20,000 billion VND threshold.

Low liquidity coincided with continued negative stock market performance. HoSE's benchmark index traded below its reference level for most of the day. However, the morning session saw a mixed market as capital flowed into specific individual stocks. In the afternoon, the broader index began to decline more sharply due to increased selling pressure on many blue-chip shares.

The VN-Index closed near 1,739 points, down more than 14 points from the prior session. On HoSE, 183 stocks fell, exceeding the 110 that rose. Selling pressure was particularly strong in the financial services, real estate, construction - materials, and banking sectors.

The "Vin" conglomerate duo, VHM and VIC, had the most significant negative impact on the market, collectively contributing more than 7 points to the VN-Index's decline. Vinhomes' VHM fell 3,4%, and Vingroup's VIC adjusted 0,9%. Both also led in liquidity, reaching 706 billion VND and 756 billion VND respectively.

Additionally, the market closely watched SHB, as the bank's stock dropped to its floor limit, ranking 4th in market liquidity. The bank, part of Bau Hien's business ecosystem, recently announced plans to privately issue 200 million shares to professional securities investors.

Yesterday, Vietcombank Securities (VCBS) assessed the market as fluctuating around the 1,750-point mark, noting a lack of strong capital flow support. VCBS advises investors to follow major capital movements and consider exploratory disbursements when stocks correct to consolidate support levels. Alternatively, they recommend waiting for the VN-Index to confirm a balanced signal before initiating positions in stocks currently in a sideways accumulation phase.

Tat Dat