14/1/2025: VN-Index remained soft (VN-Index -0.53%)

• In contrast to yesterday’s rally towards the close, VN-Index opened lower today.
• Price movements remained cautious amid weak trading volume, as investors awaited Trump’s inauguration next week and the start of the earnings season in Vietnam.
• Aggressive buyers were absent throughout the day, and the index gradually extended its decline.
• The Insurance and Oil & Gas sectors provided support, but the Media and Technology sectors weighed on the market.
• Market breadth included 112 winners, 268 losers, and 76 unchanged.
• Liquidity decreased sharply by 29.7% to VND 8.5 trillion.

VN-30 weighed on overall market (VN30 -0.70%)

• The basket recorded 7 increasing stocks, 20 decreasing stocks, and 3 staying the same.
• In particular, VRE (-3.59%) was a drag, while HDB (-2.53%) and MSN (-2.00%) were also down sharply.
• On the other hand, BVH (+2.63%) and PLX (+2.19%) rose over 2%, supporting the index.

Sectors and stocks daily highlights

• BWE (0.00%) approved the schedule for the annual shareholders’ meeting in March-April 2025 and the dividend plan for 2024. The amount will be VND 1,300 per share, payable on June 24, 2025, at a total cost of approximately VND 300 billion.
• Japanese retail giant AEON recorded more than VND 2 trillion in operating profit in Vietnam from March to November 2024, making it the largest in Southeast Asia. The report was met with disappointment, with competitor VRE (-3.59%) falling the most among the VN-30.
• Foreign investors net sold VND 630 billion. The top net selling was FPT (-1.69%), while the top net buying was HDB (+3.46%).

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January,_14_2025__Daily_Recap_Report_EN