Foreign players return to net buying shares on Hanoi Stock Exchange in Sept

Foreign investors became net buyers of shares on the Hanoi Stock Exchange (HNX), Vietnam’s smaller bourse, after two months of net selling.

They bought VND1,128 billion ($45.65 million) worth of shares while selling VND1,084 billion, resulting in a net buying value of VND44.2 billion ($1.79 million) last month, exchange data showed.

SHS of Saigon-Hanoi Securities and PVS of Petrovietnam Technical Services were the most traded by foreign investors during the month.

They bought 6.91 million SHS shares and 6.9 million PVS shares, accounting for respective 17.7% and 17.6% of total shares purchased on the HNX. On the opposite side, they unloaded 9.1 million SHS shares and 4.8 million PVS shares, making up 23% and 12.1% of total shares sold.

The HNX Index slipped 1.12% month-on-month to 234.91 points.

In September, the transaction volume on the bourse dropped 5.7% to 57.5 million shares per session, while the trading value decreased 11.04% to VND1,092 billion ($44.21 million).

SHS, CEO of C.E.O Group, and MBS of MB Securities remained the three most liquid stocks last month, although their trading volume fell markedly.

As of September 30, the HNX had 310 tickers with a combined market value of VND330 trillion ($13.35 billion), down 0.46% month-on-month.

On the Ho Chi Minh Stock Exchange, overseas investors continue to net sell VND2,109 billion ($85.35 million) in September, down from VND3,611 billion in August, according to exchange data.