March 7: Foreigners Continue to Upload Vietnamese Stocks on Both Bourses

09-Mar-2012 Intellasia | StoxPlus | 7:01 AM

Foreigners continued to be net buyers on both STC and HNX on Wednesday, level of participation eased in volume but rose in value.

These players net bought VND95.1 billion on the STC after buying 11,092,850 shares for VND248.99 billion and selling 6,947,760 units for VND153.89 billion, accounting for 17.43 percent buying value and 10.78 percent selling value in percentage term.

Of note, foreigners’ selling pressure rose today while their buying energy eased a bit.

Foreigners’ top buying shares were MBB(VND18.74 billion), MSN (VND11.55 billion), VCB (VND10.82 billion), OGC (VND9.4 billion) and KDC (VND8.32 billion).

Foreigners’ other top selling shares were STB (-VND16.2 billion), VSH (-VND6.79 billion), BMI (-VND2.28 billion), GMD (- VND1.89 billion) and CII (- VND1.45 billion)

On the Hanoi Stock Exchange, foreigners net bought VND33.18 billion worth of shares after buying 5,093,200 shares for VND56.35 billion and selling 1,903,500 units for VND23.17 billion, accounting for 5.35 percent buying value and 2.2 percent selling value.

Foreigners became more active on this bourse and their buying appetite rose.

They actively bought HBB, KLS, PGS, NTP and PVI shares while they actively offloaded SCR, VND, VCS, PVS and BVS shares.