2/1/2025: VN-Index started the year with a gain (VN-Index +0.23%)

• The VN-Index began 2025 with an increase.
• However, as buying force into the Technology sector started conquering the market, the Index gradually declined below the reference level.
• After some fluctuations in the morning session, the market’s momentum changed in the other direction. The Index recorded a gain in the end.
• The Technology sector kept its negativity, while the Basic Resources sector helped keep the increase.
• Market breadth included 239 winners, 164 losers, and 74 unchanged.
• Liquidity decreased by 7.1% to VND 10.7 trillion.

VN-30 continued the sluggish movement (VN30 -0.12%)

• The basket recorded 12 increasing stocks, 11 decreasing stocks, and 7 staying the same.
• HDB (-1.57%), and TCB (-1.22%) were top decliners today.
• On the other hand, 5 stocks increased more than 1% including PLX (+1.73%) and BID (+1.73%).

Sectors and stocks daily highlights

• VNM (-0.47%) decided to terminate a joint venture with Del Monte Philippines, which has operated in Philippines since 2021. The company continues to export its products to the country even after the termination.
• The oil refining company, BSR (-0.44%) expected that it fails to meet the annual profit plan due to significant declines in demand resulting from the economic recession in China.
• Foreign investors net sold VND 97 billion. FPT (-0.33%) was the most net-sold stock with more than VND 200 billion today, while there was no notable stock on the net-bought side.

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January,_02_2025__Daily_Recap_Report_VN