Foreign investors net buy VND155 bln in first week of November

Figures by securities companies show that foreign investors continued to maintain net buy on both trading floors with nearly VND155 billion in the first week of November, contributing significantly to market liquidity, helping the Vietnam’s benchmark VN-Index to approach 615 points.
 
Particularly, on the Ho Chi Minh City Stock Exchange, foreign investors only net sold for one trading session and net bought for four consecutive trading sessions with trading volume nearly at 41 million shares worth roughly VND1.97 trillion, up 18.1 percent in buying volume and more than 70.2 percent in value compared to the previous week.
 
Similarly, on the Hanoi Stock Exchange, they also net bought for four trading sessions in a row and net sold for only one trading session with 3.72 million shares worth VND57.3 billion, up 28 percent in buying volume, and nearly 21 percent in value.
 
Thus, on both bourses, foreign investors net bought 7.52 million shares worth VND154.43 billion, 2.3 times higher in volume and 3.8 times higher in value over the previous week.

By Nhung Nguyen – Translated by Thuy Doan

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