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- October 19 session: Foreign investors continue net selling of VND 850 billion, which stocks were dumped the most?
The VN-Index reversed to close down 16 points at 1,690 points on October 19 after a weak open, with HoSE matched value at only VND 11,400 billion. Foreign investors extended their selling, with net sales of VND 850 billion across the market, including VND 800 billion on HoSE, VND 46 billion on HNX and VND 7 billion on UPCoM. On HoSE, FRT led net buying at about VND 151 billion, while VCB topped net selling at about VND 104 billion, followed by VHM at about VND 102 billion and ACB at nearly VND 93 billion. On HNX, NVB was the biggest net-bought stock at about VND 1.4 billion, while CEO led net selling at about VND 18 billion.
- Vietcombank Dollar Quote Rises as Vietnam Cuts Reference Rate
On Monday, Vietcombank raised its dollar selling rate to VND26,100, up 0.08% from the weekend level, while the State Bank of Vietnam cut its reference rate by 0.02% to VND25,633, according to VnExpress. The dollar was trading near VND26,000 at unofficial exchange points. In international markets, the dollar index stood at 101.83, and the euro fell 0.1% to $1.1225 in early Asian trade, which Reuters linked to violent protests in France. The dollar traded at about 158 yen, the pound held at $1.3329, and the Australian dollar gained 0.3% to $0.6965.
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