7/2/2025: VN-Index remained positive (VN-Index +0.29%)
- VN-Index had decent trading activities in the morning as the market slightly went higher than the reference mark.
- The Banking, Construction & Materials, and Industrial Goods & Services sector were the growth drivers.
- In the afternoon, the buying forces gradually kicked in and lifted the market higher. However, the sell side came in at the end and somewhat narrowed down the Index.
- Despite the reversal of other sectors, the Banking sector enhanced its momentum and supported the market.
- Market breadth included 237 winners, 212 losers, and 71 unchanged.
- Liquidity picked up by 13.1% to VND 14.6 trillion.
VN-30 increased at the same pace (VN30 +0.31%)
- The basket recorded 17 increasing stocks, 11 decreasing stocks, and 2 staying the same.
- The Banking stocks such as CTG (+3.29%), TCB (+2.18%), and BID (+1.76%) anchored the basket.
- On the other hand, BCM (-1.13%) was the only stock declining more than 1%.
Sectors and stocks daily highlights
- FMC (+1.69%) released the January 2025 business results. The firm generated USD 25.9 million, increasing 25% YoY. In particular, FMC produced 1,444 tons of finished shrimp, a 15% rise YoY, and sold 2,297 tons, up by 42% YoY. However, production and sales of finished agricultural products decreased by 31% YoY and 72% YoY, respectively.
- FTS (-0.60%) has set its 2025 business targets with both revenue and profit projections lower than the previous year despite surpassing its 2024 goals. In particular, the firm has approved a plan aiming for total operating revenue and financial income of VND 1,000 billion (-13.5% YoY) and a pre-tax profit of VND 500 billion (-24.6% YoY) for 2025.
- Foreign investors net sold VND 1,047 billion today, mainly driven by MSN (-0.44%). Meanwhile, OCB (+2.68%) and CTG (+3.29%) were the most net-bought stocks.
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