20/2/2025: VN-Index Faced pressure to maintain uptrend (VN-Index +0.34%)
- VN-Index opened higher, moving towards the 1.29x level, contrary to the performance of many major Asian markets.
- By mid-morning session, the index experienced fluctuations as several sectors weakened, bringing it back to the reference level.
- Strong buying momentum emerged towards the end of the morning session but was insufficient to sustain the market’s uptrend.
- The market remained in a tug-of-war state, closing the session near its opening level.
- Sectors such as Chemicals and Real Estate made significant contributions to the market’s gains.
- Market breadth included 254 winners, 205 losers, and 85 unchanged.
- Liquidity slightly declined by about 6% to VND 16.3 trillion.
VN-30 continues to be dominated by green (VN30 +0.36%)
- The basket recorded 18 increasing stocks, 7 decreasing stocks, and 5 staying the same.
- VHM (+3.71%) and GVR (+2.21%) were the two stocks that gained over 2%.
- Meanwhile, LPB (-1.09%) was the only stock to drop more than 1%.
Sectors and stocks daily highlights
- KPF (-5.70%) was suspended from trading by HOSE due to a delay of over 6 months in submitting its reviewed semi-annual financial statements for 2024.
- AGG (-0.59%) announced the suspension of its plan to issue shares to existing shareholders to increase charter capital due to unfavorable market conditions and feasibility concerns as reasons for the halt.
- Foreign investors returned to net selling with a total of VND 277 billion. VHM (+3.71%) and GVR (+2.21%) were the most net-bought stocks, while FPT (-0.69%) topped the net-selling list.
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