October 11 2024: VN-Index remained resilient (VN-Index +0.16%)
- The VN-Index continued to open with caution near the 1,300 resistance. Trading activities were insignificant so the market fluctuated around the reference mark.
- Only the real estate sector notably lifted the market, while the banking and retail sectors narrowed it down.
- However, the buying force slightly kicked in in the afternoon, pushing the Index marginally above the reference mark.
- The Financial Services, Food & Beverage, and Industrial Goods & Services sectors geared up the market at the end.
- Market breadth recorded 195 winners, 160 losers, and 80 unchanged.
- Liquidity decreased by 39.4% to VND 13.2 trillion.
VN-30 contributed to the growth (VN-30 +0.14%)
- The basket had 15 increasing, 12 decreasing, and 3 staying the same.
- VHM (+3.44%), VRE (+2.98%), and VJC (+2.74%) took the lead.
- Meanwhile, POW (-2.33%) and FPT (-1.48%) slowed down the market.
Sectors and stocks daily highlights
- VHC (0.00%) revealed revenue in September 2024 reached VND 930 billion. This figure increased by 6% YoY thanks to the surge of the Miscellaneous (+57% YoY), Noodle & Rice papers (+213% YoY), and Pangasius products (+10% YoY).
- VHM (+3.44%) announced the record date for collecting shareholder opinions in writing for the second time, 23 October 2024. In addition, the ex-right date will be 22 October 2024, with the exercise ratio at 1:1 (1 share—1 voting right).
- Foreign investors net sold VND 318 billion, driven by VHM (+3.44%), FPT (-1.48%), and SSI (-0.36%). On the other hand, MSN (+1.37%) was the only significant net-bought stock.
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