3/12/2024: VN-Index remained weak (-0.11%)

• Continuing yesterday’s weak trading, VN-Index started lower.
• Aggressive buyers did not appear and the index extended lower, but there was some buying back around the 1,245 pt level.
• The index then rallied toward the end of the morning session but ultimately declined slightly compared to the previous day.
• The Media and Insurance sectors supported, while the Travel & Leisure sector dragged.
• Market breadth included 153 winners, 222 losers, and 82 unchanged.
• Liquidity increased to VND 15.6 trillion, up 30.9% from the previous day.

VN-30 is slightly higher (+0.03%)

• The basket recorded 11 increasing stocks, 15 decreasing stocks, and 4 staying the same.
• BVH (+3.16%) continued its strong upward trend.
• GVR (-1.75%), STB (-1.51%), and VCB (-1.27%) decreased mainly.

Sectors and stocks daily highlights

• VGC (-0.47%) was approved for the certificate of investment registration for Tran Yen Industrial Park by Yen Bai Province. The first phase project will cover 54.59 hectares with a total investment of over VND2 trillion.
• TIX (+0.13%) released the documents for the shareholders’ meeting in January 2025. According to the document, after-tax profit will be 105 billion VND, the same level as the previous year, of which 84 billion VND is planned for shareholder dividends.
• Foreign investors net sold VND 226 billion, with MSN (+0.14%) heavily net bought, while net selling was concentrated in VCB (-1.27%).

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December,_3_2024__Daily_Recap_Report_EN