25/12/2024: VN-Index gains liquidity (VN-Index +1.09%)
- A lull in VND exchange rate against USD, which had been at record low levels, prompted the SBV to inject funds through Open Market Operations (OMO) and T-bills yesterday.
- This improved liquidity in the Vietnamese stock market and the VN-Index started trading higher.
- The index continued to increase and recorded steady gains.
- Media, Construction & Materials, and Banks sectors performed particularly well.
- Market breadth included 327 winners, 92 losers, and 52 unchanged.
- Liquidity continued to improve by 18.2% to VND 18.8 trillion.
All stocks in VN-30 rise (+1.45%)
- The basket recorded all 30 increasing stocks.
- CTG (+5.52%) led the index, with a ceiling price during trading hours.
- On the other hand, VIC (+0.12%), and VNM (+0.16%) had modest gains.
Sectors and stocks daily highlights
- CII (+2.79%) has released documents for an extraordinary general meeting of shareholders to be held next month, revealing information on a highway expansion project with a total investment of approximately VND 38.7 trillion.
- HPG (+1.69%) reportedly started operating a coffee shop in Hanoi.
- Foreign investors net-bought VND 254 billion. SSI (+2.31%) and HPG (+1.69%) stood out in terms of net-bought while NLG (+1.68%) was the most net-sold.
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