23/1/2025: VN-Index consensus increased (VN-Index +1.38%)

• VN-Index opened with positivity after 2 consecutive sessions of declines, partly reflecting the increase in the US market which has reached a new peak in the previous session.
• The uptrend continued until nearly the end of the afternoon trading session and reached the highest of the day.
• Strong selling pressure appeared before the ATC session to slow the rally and VN-Index closed at 1,259.63 points.
• Technology, Financial Services, and Retail sectors contributed the most to today’s acceleration.
• Market breadth included 233 winners, 72 losers, and 89 unchanged.
• Overall liquidity went up by 11.65% to VND 13.2 trillion.

VN-30 absent red (VN30 +1.74%)

• The basket recorded 26 increasing stocks, and 4 staying the same.
• MWG (+3.14%), SSI (+3.07%), FPT (+3.07%) and VPB (+3.00%) recorded an increase of 3% or more and contributed the most to the index’s increase.

Sectors and stocks daily highlights

• PNJ (+1.36%) recorded 4Q2024 net revenue of VND 8,581 billion, profit after tax of VND 733 billion, and an average gross profit margin of 20.9%, up from 17.9% in the same period in 2023. In 2024, PNJ earned VND 37,823 billion in net revenue (+14.1% YoY) and VND 2,115 billion in profit after tax (+7.3% YoY). PNJ officially completed the annual business target registered at the Annual General Meeting.
• ITA (suspend trading from September 26, 2024) has decided to delist almost 940 million of its shares by HSX effective February 4, 2025.
• Foreign investors recorded a net buy value of VND 99.99 billion, mainly driven by SSI (+3.07%), HDB (+1.82%), VCB (+1.43%). On the other hand, MSN (+0.31%) and VRE (+0.92%) were the most net-sold stocks.

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 January,_23_2025__Daily_Recap_Report_EN