28/2/2025: VN-Index maintaining above the 1,300 threshold (VN-Index -0.19%)

• VN-Index started the day as the buyer slightly lifted the market. However, the cautious sentiment kicked in and narrowed down the market below the reference mark in the morning.
• The Banking, Basic Resources, and Technology sectors put a hindrance on the market.
• In the afternoon, the market fluctuated as both the buying and selling forces showed up quite strong. Nonetheless, the selling movement presented a better outcome in the end.
• The upward movement of the Real Estate and Chemicals sectors failed to anchor the market.
• Market breadth included 193 winners, 265 losers, and 85 unchanged.
• Liquidity remained notable at VND 18.6 trillion.

VN-30 weighed on the market (VN30 -0.53%)

• The basket recorded 7 increasing stocks, 18 decreasing stocks, and 5 unchanged.
• GVR (+2.14%), PLX (+1.40%), and VRE (+1.16%) lifted the market.
• On the other hand, BVH (-2.08%), LPB (-1.63%), and HPG (-1.58%) dragged down the market.

Sectors and stocks daily highlights

• HAX (-1.69%) plans to distribute a 10% cash dividend, amounting to approximately VND 107 billion, the highest in five years. The company also aims to accelerate the listing of its subsidiary, PTM, on the HOSE stock exchange. PTM, which distributes MG vehicles, currently operates 12 dealerships, holding a 38% market share for MG in Vietnam.
• NVL (+4.95%) aims for net revenue from real estate handovers to reach VND 21 trillion in 2025, a 153% increase from the previous year, with an after-tax profit target of VND 1.4 trillion, compared to a loss of VND 4.3 trillion in 2024. The company plans to launch two new projects in Ho Chi Minh City in 2025: Park Avenue and Palm City.
• Foreign investors net sold VND 985.6 billion today, mainly driven by HPG (-1.58%), TPB (-1.18%), and VHM (+0.37%). Meanwhile, net buying values of net-bought stocks were insignificant.

＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿

【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.

 February,_28_2025__Daily_Recap_Report_EN