Foreign investors continued to increase their net selling activities in November, with total net sales exceeding VNĐ11.8 trillion. ETFs accounted for approximately 11.3 per cent of this total net selling value.
According to BSC, foreign investors sold a net total of VNĐ11.55 trillion across all three exchanges in the first three months of 2024, equivalent to 50.62 per cent of the total net selling value in 2023.
Dragon Capital, the manager of the two largest ETFs, has experienced strong capital outflows since the beginning of 2024, totalling over VNĐ2 trillion.
The net withdrawal value of ETFs narrowed down significantly after recorded the strongest monthly net withdrawal value of nearly $4.5 trillion in more than two years in August, indicating that ETFs are returning to the market after the strong correction...
Many stocks unexpectedly received a large amount of capital inflows from foreign investors, especially some banking stocks, even though the market went down in October.
The capital inflow into the exchange-traded funds (ETFs) is returning to the market after a long period of stagnation, even net withdrawing in the past three months.
The total value of assets under the management of domestic exchange-traded funds (ETFs) has soared by 64 per cent to US$1 billion so far this year, while foreign ETFs increased 12 per cent to $1.4 billion.