27/12/2024: VN-Index increased mildly (VN-Index +0.18%)
- VN-Index opened with a slight optimism with the buy-up volume picking up. However, the sell-down activities followed after that and nearly offset all the gain.
- The Banking sector mainly anchored the market, while other sectors presented downward movements.
- In the afternoon, upward movement decently showed up and pushed the market almost as high as the morning.
- The banking sector accelerated its momentum, followed by the Financial Services, Travel & Leisure sectors.
- Market breadth included 177 winners, 242 losers, and 71 unchanged.
- Liquidity notably increased by 22.6% to VND 16.8 trillion.
VN-30 lifted the market (+0.31%)
- The basket recorded 13 increasing stocks, 10 decreasing stocks, and 7 stocks unchanged.
- The banking sector took the lead, especially HDB (+3.31%), CTG (+1.57%), and VIB (-1.52%).
- On the other hand, POW (-1.23%) was the only stock to decrease over 1%.
Sectors and stocks daily highlights
- VND (-0.77%) announced a Board of Directors resolution concerning a public bond issuance aimed at increasing its chartered capital. The total offering value is expected to be at VND 600 billion with a term of 1 to 3 years from the issuance date.
- SAB (+0.18%) successfully acquired a majority stake in Saigon Binh Tay Beer Group Corporation (Sabibeco). In particular, Sabeco purchased an additional 43.2% of Sabibeco’s shares, increasing its ownership from 16.4% to 59.6%. Including shares held by affiliated entities, Sabeco’s total stake now stands at 65.9%.
- Foreign investors net-bought VND 618.6 billion, mainly focusing on STB (+0.81%), CTG (+1.57%), and SSI (+0.95%). Meanwhile, net-sold stocks were HPG (-0.56%) and VCB (+0.11%).
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