August, 16 2024: VN-Index rose sharply (VN-Index +2.34%)

• VN-Index opened higher on the back of a recovery in global investor sentiment thanks to improved U.S. inflation indicators.
• The index was slightly flat after the start of trading, but gradually gained upward momentum.
• In the afternoon, the index did not swing significantly up or down, and the gains slowly expanded.
• All sectors rose. In particular, Financial Services, Chemical, and Construction & Materials sectors performed well, while Media sector posted the smallest percentage gain.
• Market breadth included 413 winners, 41 losers, and 39 unchanged.
• Liquidity doubled to VND23.0 trillion.

No stocks declined in VN-30 (VN-30 +2.08%)

• The basket recorded 29 increasing and 1 unchanged stocks.
• The gains were particularly large for SSI (+5.83%), GVR (+5.82%), and MWG (+4.70%).
• Only VNM (0.00%) was ultimately unchanged.

Sectors and stocks daily highlights

• POW (+3.07%) reported preliminary results for July. Total power generation was estimated at 1.04 billion kWh, with electricity sales revenue equivalent to VND2.6 trillion.
• HBC (+4.89%) announced that more than 347 million of its shares will be transferred from the HoSE to UPCoM by VSDC starting September 10.
• Foreign investors net sold VND75.2 billion. MWG (+4.70%) was the most net bought stock, while VHM (+1.45%), HPG (+1.59%), and TCB (+1.42%) were the most net sold stocks.

＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿

【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.

August,_16_2024__Daily_Recap_Report_EN