Vietnam’s benchmark indices saw modest gains on April 16, supported by strong liquidity across the board. Foreign investors, however, were heavy net sellers, offloading over VND 4.6 trillion (US$185 million) in shares. The bulk of the sell-off by foreign investors was in Vingroup (VIC), it’s not immediately clear why.

Index performance and trading value:

VNINDEX closed at 1,217.25, up 6.95 points (+0.57%), with trading value of VND 21.61 trillion (US$860 million)
VN30 closed at 1,303.03, up 9.78 points (+0.76%), trading value VND 13.69 trillion (US$545 million)
VNMIDCAP closed at 1,720.75, up 13.48 points (+0.79%), trading value VND 6.23 trillion (US$248 million)
VNSMALLCAP closed at 1,306.20, up 6.00 points (+0.46%), trading value VND 1.03 trillion (US$41 million)
VN100 closed at 1,259.58, up 9.69 points (+0.78%), trading value VND 19.92 trillion (US$793 million)
VNALLSHARE closed at 1,261.87, up 9.48 points (+0.76%), trading value VND 20.95 trillion (US$835 million)
VNXALLSHARE closed at 2,004.44, up 15.40 points (+0.77%), trading value VND 21.52 trillion (US$857 million)

Foreign trading summary:

Buying: VND 2.84 trillion (US$113 million)
Selling: VND 7.48 trillion (US$298 million)
Net selling: VND 4.64 trillion (US$185 million)
Net share volume: 71.1 million shares