HoSE introduces real-time display of foreign investors’ selling volumes

May 31, 2016 | 17:00

(0) user say

The Hochiminh Stock Exchange (HoSE) has started displaying the selling volume of foreign investors for every stock in real time on May 30.

Before today, only stocks listed on the Hanoi Stock Exchange (HNX) had foreign investors’ buying and selling volumes displayed, while those on the HoSE only showed foreign investors’ buying volume. In order to find out the selling volume for foreign investors, one had to wait till the end of the trading session, or about 3.30 pm or 4 pm.

According to figures published by Vietnam Securities Depository, the agency granted 101 licenses to foreign institutions and 395 to foreign individuals between January and April, up 50.7 per cent and 184 per cent on-year, raising the total numbers to 2,908 and 16,108, respectively, as of April 30.

Foreign investors’ buying and selling activities are an important factor when Vietnamese investors make investment decisions. Over time, Vietnamese stock investors have “found out” that market movements are closely aligned with foreign investors’ bullishness and bearishness.

In 2015, foreign investors net bought VND3 trillion ($134.5 million) on the two stock exchanges, down 20 per cent on-year. This is the lowest since 2012. In 2015, the stock receiving the most interest from foreign investors was Saigon Securities Inc. (SSI) with a net buy of VND1.7 trillion ($76.2 million). Banking stocks are the most popular with three tickers, namely Bank for Investment and Development of Vietnam (BID), Sacombank(STB) and Military Bank (MBB) being in the list of five tickers with the highest net buy.

On the HNX, CEO Group (CEO)’s stock had the highest net buy with VND157 billion ($7 million), while Dabaco Group (DBC) saw the highest net sell of VND263 billion ($11.8 million).

By By Ha Duy

What the stars mean:

★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional