August, 22 2024: VN-Index finally slipped back (VN-Index -0.10%)

• Continuing yesterday’s strong movement, VN-Index started higher.
• With the earnings season over, market liquidity was subdued amid lack of decisive news, resulting in slow price movement.
• While large-cap stocks did well, the market as a whole was dominated by sellers, and in the end the index was slightly lower than yesterday.
• The Media sector rose the most, while Basic Resources sectors fell the most.
• Market breadth included 171 winners, 228 losers, and 87 unchanged.
• Liquidity decreased by 24.3% to VND15.6 trillion.

VN-30 supported the market (VN-30 +0.07%)

• The basket recorded 12 increasing stocks, 14 decreasing stocks, and 4 staying the same.
• SSB (+4.85%) and VRE (+4.23%) were the main drivers of gains.
• On the other hand, HPG (-1.53%) and VNM (-1.46%) were the major decliners.

Sectors and stocks daily highlights

• TPB (+0.56%) was recently approved by SBV to increase its charter capital by VND 4,403 billion.
• YEG (+4.75%) was approved to make an additional capital contribution to its subsidiary, 1Production Company Limited. The purpose of the capital contribution is to replenish funds for business activities.
• Foreign investors net sold VND471 billion, mainly in HPG (-1.53%) and HSG (-1.43%), but net bought in FPT (+0.22%).

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