22/1/2025: VN-Index slightly decreased (VN-Index -0.29%)

• VN-Index had a sluggish trading session in the morning as the Index managed to get higher but it got dragged down to the reference mark.
• The liquidity was mild, reaching VND 5 trillion.
• In the afternoon, the selling pressure gradually kicked in and pushed the market slightly downward at the end.
• The decline of the Real Estate, Financial Services, and Food & Beverage sectors weighed on the Index at the end.
• Market breadth included 127 winners, 311 losers, and 75 unchanged.
• Overall liquidity went up by 10% to VND 12 trillion.

VN-30 fell at a faster pace (VN30 -0.39%)

• The basket recorded 3 increasing stocks, 24 decreasing stocks, and 3 staying the same.
• HDB (-2.87%), BVH (-2.50%), and BCM (-1.89%) narrowed down the basket.
• Meanwhile, SSB (+1.63%) was the only stock increased above 1%.

Sectors and stocks daily highlights

• FOX (+3.48%) reported a record-breaking net profit of over 2,800 billion VND in 2024, marking a 17.6% increase YoY. The company’s revenue reached 17,610 billion VND, up 11.4% YoY. The company is currently focusing on strategic projects, including the construction of a data center in Ho Chi Minh City, and other telecommunications infrastructure projects.
• IMP (+1.92%) reported record-breaking financial results in 4Q2024. The firm generated revenue and net profit of VND 2,205 billion (+11% YoY) and VND 321 billion (+7% YoY). These favorable outcomes were mainly driven by a 56% increase in the ETC (Ethical Drugs) channel.
• Foreign investors recorded a net sell value of VND 246.5 billion, mainly driven by GMD (-0.97%), FRT (+4.42%), and FPT (-0.13%). On the other hand, LPB (+4.87%) and HDB (-2.87%) were the most net-bought stocks.

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 January,_22_2025__Daily_Recap_Report_EN