Foreign investors have net sold FPT for 8 straight sessions through October 28, dumping nearly 211 million shares worth 16,500 billion VND year to date, and still hold over 455 million shares. Foreign ownership has fallen below 27%, the lowest in years, leaving a record foreign room gap of over 22%. The stock closed at 54,000 VND, half its early-2025 peak, with market capitalization of about 100,000 billion VND. In the first 9 months of 2026, FPT reported revenue of 40,023 billion VND (up 12.4%) and pre-tax profit of 8,770 billion VND (up 17%), with the Technology segment contributing 89% of revenue and 58% of pre-tax profit. Overseas IT services revenue reached 28,538 billion VND (up 11.6%), and new contract bookings rose 23.1% to 36,137 billion VND.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Bán ròng triền miên, khối ngoại vẫn còn nắm hơn 455 triệu cổ phiếu FPT
Keywords
FPTforeign investorsearningstech stocks
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Related tickers and likely impact
FPT
▼ Likely negativeFPT Corp
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Technology |
| Industry | Computer Services |
| Market cap | 104,469 bn VND |
| P/E | 10.4 |
| P/B | 2.62 |
| Close on 10/28/2026 | 54.00 |
| Change that session | -2.53% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- FPT Shareholders' Bitter Streak: 3 Weeks Without a Green Session as Shares Hit 3-Year Low
FPT shares have not closed in the green since September 23, and on October 13 they fell 1.4% to 56,300 dong, their lowest close since early November 2023, as foreign investors net sold about 107 billion dong. Since the last gain on September 22, the stock has lost 10,300 dong per share, nearly 16%, cutting market capitalization by more than 19,400 billion dong to about 106,200 billion dong. Year to date, foreign investors have net sold about 188 million shares worth over 15,200 billion dong, leaving foreign room near 21%. BSC warns FPT could fail to meet the criteria to remain in the VN-Diamond basket if foreign ownership does not improve. Meanwhile, pre-tax profit for the first 8 months rose 17.5% to 7,648 billion dong, a contrast with the share price trend.
- FPT Posts Record Profit
FPT posted record quarterly after-tax profit attributable to shareholders of VND 2,723 billion in Q3, driven by its IT business, though revenue of VND 40,023 billion and pre-tax profit of VND 8,770 billion fell 19.9% and 8% year on year because FPT Telecom is no longer consolidated. Nine-month after-tax profit reached VND 7,778 billion, up 13.3%. The technology segment contributed 89% of revenue, over VND 35,500 billion, up nearly 15%, and FPT won 16 projects worth over $10 million each, including becoming a global partner of OpenAI. Education and investment profit rose more than 17% to VND 3,719 billion despite a 3% revenue decline. Even so, FPT shares have fallen about 30% this year to VND 57,800, as VDSC notes that IT sector valuations are being compressed as AI reshapes the industry.
- Tracking Smart Money on 28/10: Foreign Investors Heavily Net Sell FPT
Foreign investors net sold 251 billion VND in the 28/10 session, their fourth consecutive net-selling session, with buy value of 1,760 billion VND and sell value of 2,011 billion VND. Selling was concentrated in FPT at 260 billion VND and VPL at 118 billion VND, while GMD, VNM, STB and BID ranged from 30 to 43 billion VND each. In October alone, foreign investors' cumulative net selling of FPT reached 1.76 thousand billion VND. On the buy side, TCB led with 172 billion VND, followed by MSN, VCB and HDB, with banks dominating the top net-buy list. The article says continued net selling has led the market to accept it as a new normal, though hopes for a return to net buying after the market upgrade have not materialized.
- Market Pulse 28/10: Market continues to diverge, foreign investors net sell over 260 billion VND of FPT
The VN-Index rose 4.78 points (+0.27%) to 1,766.65, and the HNX-Index gained 0.36 points (+0.14%) to 259.86, though decliners (379) outnumbered advancers (284). Liquidity increased from the previous session, with VN-Index matched volume topping 512 million shares, worth over 12.1 thousand billion VND. The financial sector led gains at 0.8%, while the IT sector fell 2.25%, mainly due to FPT's 2.53% drop. Foreign investors were net sellers of over 267.42 billion VND on HOSE, concentrated in FPT (260 billion VND) and VPL (118.11 billion VND), while net buying on HNX reached 15.43 billion VND. In the morning session, the market fluctuated around the reference level, and VCB was the most positive contributor to the index.
- October 28 session: foreign investors extend net selling, and one blue-chip stock sees 260 billion VND in net outflows
The VN-Index closed the October 28 session up nearly 5 points at 1,766 points after several swings during the day, with trading value on HoSE exceeding VND 15,000 billion. Foreign investors net sold about VND 252 billion across the market, including VND 267 billion on HoSE, while they net bought VND 15 billion on HNX and VND 0.3 billion on UPCOM. On HoSE, FPT had the largest net selling at VND 260 billion, followed by VPL and GMD, while TCB drew the largest net buying at over VND 172 billion, followed by MSN and VCB at VND 90 billion and VND 78 billion. On HNX, IDC led net buying at VND 15 billion, while MBS faced net selling of VND 2.5 billion.
- Market Pulse 28/10: VN-Index narrows losses on VIC and VCB, net selling pressure weighs on FPT
At 10:30, VN-Index stood at 1,761.04 points, down 0.83 points, and had recovered nearly 4 points from its 9:30 level, narrowing the decline. Matched liquidity rose to over 2,785 billion VND from over 683 billion VND at 9:30, with negotiated deals of about 505 billion VND. Breadth across the three exchanges leaned toward sellers, and foreign investors were net sellers of about 135 billion VND, including about 70 billion VND in FPT. VCB, VIC and STB provided the main support for the index, while VHM, VPB and ACB exerted the most downward pressure.
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