12/12/2024: VN-Index lost momentum (-0.12%)

• VN-Index opened higher than the reference mark after as expected inflation data in the U.S led investors to hope for a rate cut in December.
• There was still uncertainties in the market, reflected by the constant fluctuation of the index.
• Despite that, the increases from Banking sector help the market to remain positive in the morning.
• Nevertheless, sell-side began to gain advantage in the afternoon, and investors sentiment deteriorated quickly.
• The market gradually dipped into the red and close just under the reference mark.
• Market breadth included 151 winners, 230 losers, and 82 unchanged.
• Liquidity decreased by 11.2% to VND 13.5 trillion.

VN-30 mirrored market movement (-0.07%)

• The basket recorded 11 increasing stocks, 15 decreasing stocks, and 4 staying the same.
• Most stocks fluctuated minorly with the exceptions of BVH (+1.34%), HDB (+1.27%), PLX (-1.25%).

Sectors and stocks daily highlights

• IMP (+3.13%) jumped following rumor that SK Group is looking to sell its shares at the company.
• GMD (+0.76%) benefited from the increasing container trade forecasts by Maersk. Companies may increase stocking activities due to worries of tariffs application by Mr. Trump.
• Foreign investors net-sold VND 286 billion, today driven by FPT (-0.20%). On the other hand, TCB (+0.41%) and HDB (+1.27%) were the most net-bought stocks.

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December,_12_2024__Daily_Recap_Report_EN