15/1/2025: VN-Index bounced back (VN-Index +0.58%)

• VN-Index started above the reference mark as investors were more hopeful for interest rates cut after lower than expected PPI in the U.S.
• Green was widespread across the market, notably on Construction & Construction Materials stocks as public investment is a major theme in 2025.
• Nevertheless, cautious sentiment was still prevalent. Cash flow remained weak and the market moved mostly sideway through out the day.
• The market closed high, erasing all the decline of yesterday’s session.
• Market breadth included 287 winners, 127 losers, and 59 unchanged.
• Liquidity improved 22.3% on a low base to VND 10.4 trillion.

VN-30 was buy-side dominant (VN30 +0.65%)

• The basket recorded 24 increasing stocks, 5 decreasing stocks, and 1 staying the same.
• Major gainers were abundant such as MSN (+3.30%), VRE (+2.48%), HDB (+2.36%), POW (+2.15%).
• Meanwhile, BCM (-1.14%) was the only notable decliner.

Sectors and stocks daily highlights

• KBC (+3.28%) was approved for the development of Trang Due 3 industrial park.
• The EGM of CII (+2.26%) approved the plan to bid for the expansion project of HCM city – Trung Luong – My Thuan highway with a total investment of up to VND 38,700 billion.
• Foreign investors still weighed on the market with VND 405 billion net sold today. FPT (+0.28%) and STB (-0.85%) were the most net sold stocks. On the other hand, net bought stocks were small in comparison.

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January,_15_2025__Daily_Recap_Report_EN