FLC Samson Beach and Golf Resort, built by FLC Faros Construction. Photo: flc.vn
Overseas investors net bought 316,990 shares worth 55 billion dong ($2.4 million) of FLC Faros
Construction Joint Stock Company (ROS) on March 13, lengthening their buying streak since the start of this year.
Foreign trading accounted for 8.5% in volume and 8.6% in value of ROS transactions during March 13. Their demand helped the stock gain 1.2% to close at 173,300 dong ($7.6) a share in the trading day.
On February 28, foreign traders also net bought 362,440 shares of ROS, valued at 54 billion dong ($2.37 million), enabling ROS to become the most wanted tickers by foreigners.
According to exchange data, from the start of this year to March 13, foreign investors net purchased more than one million shares worth 214 billion dong ($9.4 million) of ROS.
, a London-based provider of indexes, late on March 3 announced that it would add ROS along with Hoa Binh Construction (HBC) and Dat Xanh Real Estate Service & Construction (DXG) to its FTSE Vietnam Index in the first quarterly review of 2017.
FTSE Vietnam Index is the underlying index of db x-trackers FTSE Vietnam UCITS ETF
, one of the two most active foreign-run ETFs in the Vietnamese stock market.
A number of securities companies have estimated that FTSE Vietnam ETF could buy in between four million and 4.7 million shares of ROS in the upcoming review.