Update news on November, 29 2024
29-11-2024

November 29, 2024: VN-Index headed north (+0.67%)

  • VN-Index opened with cautious sentiment from investors as the market hovered around the reference mark at the beginning and only picked up notably at the end of the morning.
  • Trading liquidity also improved to VND 6 trillion which was 13.2% higher than yesterday.
  • In the afternoon, the buying force slowly stepped in and succeeded in lifting the Index slightly higher than in the morning.
  • The Technology, Retail, and Basic Resources sectors mainly drove the market growth.
  • Market breadth included 222 winners, 147 losers, and 88 unchanged.
  • Overall liquidity enhanced by 20.7% to VND 13.4 trillion.

VN-30 geared up the market (+0.75%)

  • The basket recorded 21 increasing stocks, 6 decreasing stocks, and 3 staying the same.
  • BVH (+6.98%) and FPT (+3.52%) were the top gainers.
  • Meanwhile no stock declined over 1%.

Sectors and stocks daily highlights

  • The consortium of FPT (+3.52%) has proposed developing a 50-hectare technology urban area in Nha Trang. This project aims to integrate advanced technology into urban planning and infrastructure to create a smart, modern living environment.
  • VTP (+2.33%) benefited from Viettel’s plan to inaugurate the Lang Son Logistics Park, valued at VND 3,300 billion on December 11. The project is expected to enhance logistics infrastructure in the region, improving trade efficiency and connectivity, particularly for cross-border commerce with China
  • Foreign investors recorded a net buying value of VND 334 billion, mostly driven by FPT (+3.52%) with more than VND 200 billion net buying value. On the other hand, VRE (-0.56%) and VHM (-0.73%) were notable net-sold stocks.

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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.

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