After dozens of consecutive sessions of cash withdrawal, foreign investors returned to net buying on March 6, further boosting positive sentiment in the stock market.
The stock market increased sharply in the context of "cooling down" deposit interest rates - Photo: QUANG DINH
It seems that the pressure from the strong resistance level of 1,300 has been relieved, VN-Index today had a strong increase with abundant liquidity.
Stocks increase sharply, more than 500 stocks in green
At the end of the session, VN-Index increased by nearly 14 points, to 1,318 points, largely thanks to excited cash flow plus the reversal of foreign investors.
Today, foreign investors net bought 370 billion VND again, temporarily breaking the streak of 10 consecutive sessions of net selling.
According to data from the Ho Chi Minh City Stock Exchange (HoSE), the total transaction value of foreign investors in February 2025 reached over VND 68,606 billion, accounting for more than 10.86% of the total transaction value of the entire market.
Foreign investors made net sales during the month with a value of more than VND 9,533 billion on the HoSE floor alone.
Foreign investors' net selling has been going on since last year and has not stopped yet, putting considerable pressure on the market. Speaking to Tuoi Tre Online , many experts agreed that market developments depend on foreign investors' movements, and that a reduction in net withdrawals would balance the psychology of domestic investors.
Moreover, foreign investors' buying and selling codes are mainly in the VN30 group. The net selling of large-cap stocks in this group more or less weighs on the index.
However, the change in trading trends in a few sessions does not reflect a sustainable trend. It is necessary to observe more foreign investors' movements in the coming time.
Returning to today's trading, foreign investors bought the most HPG of Hoa Phat (+197 billion VND), MWG of Mobile World (+170 billion VND), EIB of Eximbank (+130 billion VND), VCI of Vietcap (+94 billion VND)...
BCG stock group was "rescued"
Blue and purple covered most of the stock market when nearly 560 stocks increased in price, hitting the ceiling, while more than 250 stocks were subject to adjustment.
Most notable in today's session is the group of stocks belonging to the "Bamboo Capital family" that escaped the "floor" situation after news of the former leader being prosecuted.
BCG of Bamboo Capital Group alone had a sudden surge in trading volume with a matched volume of nearly 95 million units, nearly 10 times higher than the average session in the past 3 months. BCG's decline slowed down, losing about 6% of its market value after 3 consecutive sessions of floor price decline.
Meanwhile, BCG Land's BCR and BCG Energy's BGE jumped sharply in market price with positive "changing hands" volume.
In the general market, almost all industry groups had positive developments, including banking (+0.8%), securities (+3.4%), real estate (+1%)... Total transactions in the whole market reached nearly VND 24,700 billion. This is a high liquidity level in the context of continued cooling of mobilization interest rates.
Source: https://tuoitre.vn/khoi-ngoai-bat-ngo-mua-rong-sang-tay-ki-luc-bcg-chung-khoan-tang-manh-20250306154217807.htm
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