Self-trading securities with a net selling of more than 600 billion dong

Figures from the Ho Chi Minh City Stock Exchange (HoSE) show that the self-employed securities companies net sold more than 600 billion dong today. Specifically, this group bought more than 5.7 million shares, worth more than 233 billion VND, but sold nearly 19.5 million shares, worth nearly 860 billion VND.

The selling pressure of proprietary traders focused mainly on blue-chips, with most stocks in VN30 being net sellers.

For banking group, VPB and STB were sold the most with the same volume of over 1.2 million shares. Other codes such as ACB, HDB, TCB, TPB, CTG, MBB, VCB, BID were net sold several hundred thousand units. On the other side, MSB bought more than 60,000 shares, SSB, VIB, OCB bought tens of thousands of shares.

For other groups, blue-chip stocks with good recovery momentum yesterday such as HPG, FPT, MSN, MWG, VNM, and SSI were all net sellers with a volume of several hundred thousand shares each.

This development is in contrast to yesterday session, when self-trading group net bought more than 150 billion dong. While, VN-Index ended today session still in green, increased more than 12 points to 1,241 points.

This afternoon, many leaders of the securities industry were disciplined according to the notice of the Central Inspection Commission. Mr. Tran Van Dung, Chairman of the State Securities Commission, was from all positions in the Party. Mr. Le Hai Tra, Secretary of the Party Committee, General Director of the Ho Chi Minh Stock Exchange (HoSE) was expelled from the Party.

Mr. Vu Bang – former Chairman of the Securities Commission, Mr. Nguyen Thanh Long – Chairman of the Vietnam Stock Exchange, Mr. Nguyen Son, Chairman of the Board of Directors of the Securities Depository Center, were also warned.

According to Deputy Finance Minister Nguyen Duc Chi, the mistakes of some leaders of the Securities Commission are personal and the ministry always has a plan to ensure personnel work.

Minh Son