Vietcap Daily - Foreign investors end net selling streak - POW, VPB
  • 2023-12-27T00:00:00
  • Market Commentary

* POW: Preliminary 2023 PBT slightly trails our forecast
* VPBank Securities (a subsidiary of VPBank) receives an offshore loan of USD25mn from Sumitomo Mitsui Banking Corporation
* Market wrap: Foreign investors end net selling streak


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Market wrap: Foreign investors end net selling streak

The VN-Index inched down by 0.02% on Wednesday amid broad differentiation amongst stocks on the HOSE. Foreign investors were unexpectedly net buyers on the market by USD4.1mn, snapping their streak of twenty successive sessions of net selling.  

* Banking names traded mixed with gains from TPB, HDB, TCB and CTG and losses from VCB, STB and MBB while BID, EIB and VPB closed unchanged.

* Consumer stocks also showed diverse performance as MSN, MWG, HNG and DBC increased but SAB, PNJ and KDC declined.  

* Brokerage tickers performed well, led by HCM, BSI, SSI, VND and VCI.  

* Midcap stocks in the real estate sector declined, including DXG, DIG, HDG, NLG and PDR.

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