Update news on July,16 2024
16-07-2024

July, 16 2024: VN-Index managed to keep gains (VN-Index +0.11%)

  • VN-Index opened higher owing to positive trading result in the first day of a week in United States.
  • As the market followed overall momentums in the world preparing for Trunp’s re-election, Bank sector was actively traded and increased. It led the Index to accumulate its gains.
  • The gains were also kept in the afternoon although it gradually decreased and touched the reference mark once.
  • Health Care, Media, Bank sector pushed the market up, while Travel & Leisure sector weighed on the Index.
  • Market breadth included 211 winners, 215 losers, and 89 unchanged.
  • Liquidity increased by 15.2% to VND 16.4 trillion.

VN-30 anchored the market (VN-30 +0.42%)

  • The basket recorded 15 increasing stocks, 10 decreasing stocks, and 5 staying the same.
  • MBB (+2.17%) was a top gainer and traded well by foreign investors, followed by BCM (+1.93%), HDB (+1.43%).
  • On the contrary, POW (-1.97%) and PLX (-1.88%) were main declining stocks.

Sectors and stocks daily highlights

  • QNP (+6.89%) announced 2Q2024 business result. The company recorded more than VND 332 billion (+51% YoY) in revenue and VND 55 billion (+39% YoY) in profit before tax. According to the company, the cargo volume through Quy Nhon port in Q2 was more than 3.16 million tons, up 43% over the same period last year.
  • VND (-1.54%) issued more than 304.46 million shares to pay dividned and distribute to shareholders. With the issuance and an offer to some specific investors, the company’s charter capital reached nearly VND 15,223 billion, surpassing charter capital of SSI and becoming the securities company with the largest capital.
  • Foreign investors were net sold by VND 237 billion. Among net buyers, NLG (+0.46%) stood out. While MWG (-0.31%) was especially net-sold by foreign investors.

July,_16_2024__Daily_Recap_Report_EN

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