13/1/2025: VN-Index temporarily stops decreasing (VN-Index +0.42%)

• VN-Index opened with a lower gap than the previous Friday session’s close.
• Followed by a period of sluggish trading around 1,225 pt until mid-afternoon trading.
• Increased demand helped the index change color from red to green and close the session slightly up by 5.17 points.
• Media, Oil & Gas, Financial Services contributed the most to today’s positive, while the sectors that dropped were trivial, most notably is Travel & Leisure
• Market breadth included 206 winners, 191 losers, and 71 unchanged.
• Liquidity improved by 10.3% to VND 12.1 trillion.

VN-30 slightly upward (VN30 +0.40%)

• The basket recorded 18 increasing stocks, 7 decreasing stocks, and 5 staying the same.
• PLX (+2.10%), SSI (+1.90%) and TCB (+1.71%) posted the most notable gains.
• VPB (-1.08%), VRE (-0.89%) and MSN (-0.76%) experienced significant declines.

Sectors and stocks daily highlights

• MBB (+1.65%) updated their 2024’s business results, recording a 12% increase in parent bank profit, reaching VND 27,600 billion; revenue increased by 21%. In 2025, MB aims to increase total assets by 22% to over VND 1,300 billion, credit and capital mobilization both increased by over 25%, reaching over VND 1,000 billion. The bank targets pre-tax profit to increase by 8-10%, expected to reach about VND 32,000 billion.
• VND (-1.31%) maintained a downward trend that has lasted from April 2024 to present without recording any significant recovery. In addition, VND’s revenue and profit in the first 3 quarters of 2024 were lower than in the fourth quarter of 2023. In the 2024’s third quarter alone, the company recorded operating revenue of VND 1,270 billion (-28% YoY), reaching the lowest level in 5 quarters.
• Foreign investors net sold VND 70 billion. The top net selling was FPT (+0.20%), while the top net buying was HDB (+0.46%).

＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿

【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.

January,_13_2025__Daily_Recap_Report_EN