September, 13 2024: VN-Index retreated under cautious sentiment (VN-Index -0.37%)

• The gain from yesterday was short-lived as VN-Index soon returned to the red, starting below the reference mark.
• From the lack of supporting news, investor sentiment and weak cash flow continued to weigh heavily on the quiet market movement.
• Gains were scattered and diverged across sector, the only sector seeing somewhat of a uniformed gains was Financial Services.
• As such, both recovery attempts toward the end of morning and afternoon were stopped half-way.
• Market breadth included 163 winners, 210 losers and 90 unchanged.
• Liquidity, although improved fell by 5.7%, were still low at VND 11.1 trillion.

VN-30 started green but turned red (VN-30 -0.26%)

• The basket recorded 10 increasing stocks, 18 decreasing stocks, and 2 staying the same.
• Major gainers included SAB (+1.26%), VRE (+1.58%) and the recovery of SSB (+1.33%).
• GAS (-2.37%), VNM (-2.41%), MSN (-1.20%) dragged the index down the most.

Sectors and stocks daily highlights

• VCG (+0.56%) and C4G (+1.12%) increased after winning a VND 6,268 billion bidding package within the construction of Long Thanh International Airport.
• VPB (-0.27%) decided to cut interest by 0.5% – 1% for borrowers affected by the Yagi typhoon.
• Foreign net selling shrunk down to only VND 72.9 billion. VHM (-0.23%) and MWG (-0.44%) were the most net sold stocks. On the other hand, FPT (+0.53%) once again topped the net bought list.

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September,_13_2024__Daily_Recap_Report_EN