September, 12 2024: VN-Index maintained a gain throughout the day (VN-Index +0.25%)
- VN-Index started a trading day higher after last 3 days sluggish movements.
- Although investors’ sentiment was slightly better than yesterday as concerns for flood were withdrawn, trading volume was quite moderate.
- Its positivity was kept even in the afternoon. The Index saw a little decline in the end, but still maintained in green for the whole trading day.
- The Bank sector contributed to today’s increase in addition to gains in the Technology and Chemical sectors. The Basic Resources sector weighed on the Index on the contrary.
- Market breadth included 218 increasing, 163 decreasing, and 100 unchanged stocks.
- Liquidity fell by 18.5% to VND 10.5 trillion.
VN-30 followed the market (VN-30 +0.29%)
- The basket recorded 17 increasing stocks, 9 decreasing stocks, and 4 staying the same.
- SSB (-5.94%) experienced more than 5% of great decreases 3 days in a row.
- TPB (+1.68%), VIB (+1.68%), and VPB (+1.37%) anchored the index.
Sectors and stocks daily highlights
- Steal Producers have experienced declines like HPG (-0.99%),HSG (-0.74%), NKG (-0.92%) after news about India’s decision of imposing anti-dumping tax to steal products exported from China and Vietnam for the next 5 years.
- APH (-2.58%) will sell 11 million of shares of its subsidiary NHH (+1.45%), equivalent to 15.3% of the capital. On the other hand, a subsidiary of the same company, AAA (+0.83%) will buy the share. The company will increase the ownership in NHH to 62.75% of capital.
- Foreign investors net sold by VND 1868 billion. FPT (+0.46%) the most notable net bought stock with more than VND 100 billion, while VPB (+1.37%) and VCI (-0.89%) were net sold.
_________________________________
【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 129/GP-UBCK, and a member of VNX (Vietnam Stock Exchange), HNX (Hanoi Stock Exchange), HOSE (Hochiminh Stock Exchange) & VSDC (Vietnam Securities Depository and Clearing Corporation), and is registered address is Suite 701, Tower 1, Capital Place, 29 Lieu Giai, Ngoc Khanh, Ba Dinh, Hanoi, Vietnam.