HÀ NỘI – Shares on the HCM Stock Exchange gained ground after a slight decrease in morning trade, following the recovery of several large-cap stocks, while continued foreign selling kept weighing on the market. However, the shares continued to top the foreign net sells by value yesterday at VNĐ65 billion ($3 million). On Monday, VNĐ100 billion worth of VNM shares were net sold by foreign investors. Foreign investors collected shares worth a net value of VNĐ18 billion on the Hà Nội Stock Exchange. “Long-lasting selling pressure by foreign investors will likely cause market resistance,” stock analysts at FPT Securities Co wrote in a note.

Source: Viet Nam News September 14, 2016 00:21 UTC