August, 27 2024: VN-Index struggled to maintain positive (VN-Index +0.04%)

• VN-Index started the day with fluctuation but the seller managed to narrow down the market below the reference mark in the morning.
• The decline in Retail, Financial Services, and Basic Resources sectors weighed on the Index, while only the Real Estate tried to counteract the downside movement.
• However, the buying force gradually came back in the afternoon and pushed the Index merely above the reference mark.
• The acceleration of the Real Estate, Technology, and Food & Beverage sectors contributed to this outcome.
• Market breadth included 169 winners, 235 losers, and 73 unchanged.
• Liquidity decreased by 13% to VND 16.2 trillion.

VN-30 took the lead (VN-30 +0.28%)

• The basket had 11 increasing stocks, 14 decreasing stocks, and 5 staying the same.
• VIC (+7.00%), VHM (+2.22%), and PLX (+1.13%) were the most gaining stocks.
• Meanwhile, SSB (-2.27%), SSI (-1.62%), and BID (-1.20%) dragged down the Index.

Sectors and stocks daily highlights

• Vinpearl – a tourism subsidiary company of VIC (+7.00%) – has completed issuing 750 corporate bonds with a par value of USD 200,000 per bond. These bonds will be matured after 5 years.
• CTG (+0.72%) announced to hold a 2024 Extraordinary Shareholders’ Meeting on October 17, 2024 to vote for additional Board members for the 2024-2029 period.
• Foreign investors net sold VND 250 billion today. FPT (+0.76%) and MWG (0.00%) were the most net-bought stocks. On the other hand, TLG (+2.94%) and HPG (-0.96%) had the most net selling value.

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