Which stock is the focus of foreign investors’ net selling of more than 1,530 billion last week?

Last week, foreign investors net sold 1,532 billion dong on HoSE, which is the 8th week in a row, HPG and VIC were “discharged” strongly. VHM also entered the 3rd week in a row that foreign investors were net sellers. Among the Vingroup stocks, only VRE was net bought.

Closing the last session of the week, VN-Index recovered, approaching 1,470 points with low liquidity. The proportion of diverted cash flow distribution increases to the group real estate, banking, construction and materials, decreased in steel, securities, and oil and gas groups. Domestic individuals are net buyers, while domestic and foreign institutional investors are net sellers.

The focus of last week was the March derivatives maturity session and the session of ETFs to complete the portfolio structure in the first quarter. DNP “family” stocks caught attention when they simultaneously increased strongly, with some codes hitting the ceiling in all 5 sessions of the week. .

Foreign investors continued to net sell 1,532 billion dong on HOSE, focusing on MSN, VIC, NVL, HPG, and VHM. The top net buying stocks matched this week by foreign investors included STB, DPM, VJC, VRE, and DCM.

Like HPG, VIC, and VHM are all stocks in which the FTSE ETF reduces the proportion in the fund portfolio. VNM ETF also reduced the proportion of holding VHM.

Currently, VIC has reached the bottom of 1 year. In contrast, foreign investors were net sellers, while domestic individuals continued to be net buyers. VIC stock is in a downtrend, throughout since the Group determined to focus its resources, giving priority to the automotive segment.

However, the Group has announced that it will stop producing gasoline cars to become a 100% electric car company by the end of 2022. The decision to stop car production has caused Vingroup to record an expense related to accelerated depreciation of the vehicles. assets expected to be unused and fees paid to suppliers due to contract termination.

In 2021, production and related services (Vinfast, technology) achieved net revenue of 17,263 billion VND, accounting for 14% of total revenue, recorded a pre-tax loss of 23,948 billion VND.

Foreign investors net sold VIC for 8 consecutive weeks, at the same time as VIC announced its financial report for the fourth quarter of 2021. This group had a net loss of VND7,522 billion for the whole year. This is also the first time Vingroup has recorded a year of losses since it announced its 2006 financial statements.

Vingroup’s net loss was nearly 9,250 billion dong in Q4 alone. The main reason for the loss was a sharp increase in administrative expenses, while financial income decreased by 3 times. This is the first loss Vingroup has to record in a business quarter, and is also the main reason for the loss in 2021.

Basic earnings per share of VIC decreased sharply, from VND 1,691 (in 2020) to VND 815 (in 2021).

Strong cash flow into public investment stocks, banks

Notably, the net buying side was STB’s transactions, the demand came from both portfolio restructuring ETFs and other foreign investors. The market predicts that STB is a bank and the story of AMC bad debt is about to end, and the story of STB selling this AMC bad debt in 2022.

Real estate, banking, construction and materials had an increase in the proportion of transaction value this week compared to last week, the industry price indexes of the three groups all increased in the week.

Real estate group had a strong cash flow improvement in many weeks and the proportion of transaction value increased to 22.24%, the highest level in 3 consecutive weeks. This group is expected to benefit from public investment.

During the week, cash flow focused on DXG, VIC, DIG, NVL, CEO, FLC, VHM, KBC, PDR, SCR. However, all 3 big stocks VHM, VIC, and NVL all dropped during the week.

Construction stocks had an increasing trading week, and prices increased. This is a group of stocks that investors expect to benefit from public investment that are being promoted. The preparation of documents for public investment projects will be completed in February and March. Deputy Minister of Planning and Investment Tran Quoc Phuong said that by April and May, investment packages can be deployed.

Last week, stocks that gained the most in construction group were tickers on UPCoM and HNX, including USC, VC9, KDM, HUT, HEJ, VE4, HUB, SIC, TTL. All are up from 18%, with USC up a strong 86% for the week.

In this group, the stocks with the highest trading value this week are ROS, HUT, VCG, LCG, FCN, HBC, CII, CTR. All gained points, in which, HUT increased the highest by 27%.

During the week, cash flow also focused on stocks of DIG, FLC, HSG, DXG, VND, DPM, NKG, GEX. In addition to speculative stocks, this group also includes stocks with stories such as VND increasing capital, HSG, DPM, and NKG benefiting from rising commodity prices.

According to Viet Linh (Tien Phong)