18/12/2024: VN-Index edged up amidst hesitation (+0.34%)

• Similar to previous sessions, VN-Index opened positively above the reference mark, but failed to attract momentum.
• Cautious sentiment heightened before FOMC meeting, cashflow remained low and the market gradually declined.
• The market found support at the reference mark and hovered above this level.
• A minor surge toward the end, led by basic resources stocks, brought the market to close near day’s highest.
• Market breadth included 245 winners, 130 losers, and 84 unchanged.
• Liquidity improved slightly by 4.9% to VND 12.7 trillion.

VN-30 kept its green (+0.17%)

• The basket recorded 18 increasing stocks, 7 decreasing stocks, and 5 staying the same.
• Major gainers HPG (+1.30%), PLX (+1.03%), POW (+2.02%) helped the index to return to green.
• On the other hand, there was no notable decliner today.

Sectors and stocks daily highlights

• MSN (+0.56%) finalized the divestment from H.C Starck, netting the company roughly VND 1,000 billion in profit.
• GAS (+0.74%) estimated financial results for 2024 at VND 105,000 billion revenue (+14% YoY) and VND 13,000 billion profit before tax (-11% YoY), exceeding 50% and 82% of the annual target, respectively.
• Foreign buying and selling were almost equal with VND 5.22 billion net bought today. FPT (+0.47%) and HDB (0.00%) topped the net bought list. On the other hand, MWG (-0.17%) and VRE (-0.29%) were the most net sold stocks.

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December,_18_2024__Daily_Recap_Report_EN