23/12/2024: VN-Index increased moderately (VN-Index +0.42%)

• Following a slight gain from the previous session, VN-Index opened with a relatively optimistic sentiment, lifting the market above the reference mark.
• Trading activities in the morning were mild, reaching VND 5.1 trillion.
• The selling force showed up in the afternoon, slightly narrowing down the Index lower than in the morning.
• The Real Estate, Construction & Materials, and Basic Resources sectors mainly contributed to the overall growth.
• Market breadth included 263 winners, 135 losers, and 74 unchanged.
• Liquidity decreased by 8.8% to VND 12.3 trillion.

VN-30 increased at the same pace (+0.40%)

• The basket recorded 19 increasing stocks, 7 decreasing stocks, and 4 staying the same.
• BVH (+3.71%), STB (+1.92%), and SSB (+1.50%) anchored the basket.
• Meanwhile, SSI (-1.52%), VNM (-0.92%), and POW (-0.82%) slowed down the gain.

Sectors and stocks daily highlights

• PVT (-0.72%) announced the estimated business outcomes in 2024 with revenue of VND 12,000 billion and net profit of VND 1,800 billion. These figures surpassed 136% of the revenue target and 189% of the net profit target thanks to favorable freight rates and additional sale contributions from new vessels.
• IMP (+0.93%) released the November 2024 business results. The firm recorded a revenue of VND 239 billion (+7% YoY) and a profit before tax of VND 65 billion (+52% YoY). The significant bottom-line figure was driven by the efficient operation of the factory combined with optimal selling,  general & administrative expenses.
• Foreign investors had a net selling session with VND 272.8 billion, primarily driven by FPT (+0.20%) and VCB (-0.11%). On the other hand, HPG (+1.12%) and HDG (+1.99%) were the most net-bought stocks.

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