June, 28 2024 : VN-Index declined toward the end (VN-Index -1.09%)
- VN-Index inched up in the beginning and kept on fluctuating in a narrow range around the reference mark in the morning.
- Comparing to yesterday’s quite moderate liquidity, trading was relatively vigorous but without certain momentum.
- The index started decreasing after the start of the afternoon. Negative sentiment got to be dominant toward the end of the session.
- Banks, Financial Services, and Chemicals are main decliners which impacted on the Index.
- Market breadth included 79 increasing, 355 decreasing, and 61 unchanged stocks.
- Liquidity increased sharply by 37.4% to VND 20.8 trillion.
VN-30 remains red (VN-30 -0.83%)
- The basket recorded 9 increasing, 18 declining, and 3 stocks staying the same.
- POW (+1.02%) was the only one stock that recorded rising more than 1%.
- GVR (-5.00%) weighed on the basket the most, followed by BCM (-2.15%), and BID (-1.93%)
Sectors and stocks daily highlights
- HSG (-3.82%) has signed a deal with Singapore’s SP group for consultancy in terms of achieving net zero emissions by 2050. SP will consult the steel company to help investing in energy-efficient solutions, and various other projects across its facilities.
- SHB (+0.88%) approved the 2023 dividend payment plan at the rate of 16%, 5% of which will be paid in cash and 11% in shares. The company plans for total assets to exceed 701 trillion VND and pre-tax profit to increase by 22%, reaching 11.2 trillion VND in 2024.
- Foreign investors net sold VND1,172 billion. Despite no stocks were noteworthy for net-buying, FPT (-1.73%), FUEVFVND (-1.04%), and TCB (-0.43%) were net-sold by foreign investors.
_________________________________
【Disclaimer】
This material has been prepared by Japan Securities Co., Ltd. (JSI) for the purpose of providing investors with relevant information. JSI makes no representation or warranty regarding the completeness and accuracy of such information. This material is provided, for information purposes only and does not constitute an offer or solicitation to buy or sell any securities discussed herein in any jurisdiction.
We are not responsible for any errors or omissions or for the results obtained from the use of such information.
This note is confidential and is being supplied only to you solely for your information and may not be reproduced, redistributed, or passed on, directly or indirectly, to any other person or published in whole or in part, for any purpose.
In the United States, this report is intended for distribution solely to major Institutional Investors as defined in Rule 15a-6 under the Securities Exchange Act of 1934.
Japan Securities Co., Ltd. is a financial instruments dealer registered with SSC(State Securities Commission of Viet Nam): Registration Number 103/UBCK-GP, and a member of HNX( Hanoi Stock Exchange), HOSE(Hochiminh Stock Exchange) & VSD(Vietnam Securities Depository), and is registered address is Suite 701, Tower 1, Capital Place, 29 Lieu Giai, Ngoc Khanh, Ba Dinh, Hanoi, Vietnam.