20/1/2025: VN-Index showed sluggish movement (VN-Index +0.04%)
- The VN-Index began trading with an upward trend.
- Although it temporarily declined, the overall upward momentum continued throughout the morning session.
- However, caution prevailed in the afternoon session, and the final gain was minimal.
- The Utilities and Media played leading roles.
- Market breadth included 176 winners, 240 losers, and 68 unchanged.
- Liquidity decreased by 2.8% to VND 10.0 trillion.
VN-30 provided slight support (VN30 +0.26%)
- The basket recorded 13 increasing stocks, 14 decreasing stocks, and 3 staying the same.
- HDB (+1.78%), SAB (+1.12%), GAS (+1.05%), and VIB (+1.01%) recorded gains of over 1%.
- On the other hand, only POW (-1.28%) showed a decline of over 1%.
Sectors and stocks daily highlights
- GVR (-0.17%) received official approval from the government to build the second phase of the Dong Phu Industrial Park project in Binh Phuoc Province. The total investment for the project is VND1.36 trillion.
- HND (0.00%) announced its financial results for the fourth quarter of 2024, with net sales of VND 11,036 billion and after-tax profit of VND 422 billion for the full year of 2024. This net profit was about 4% lower than in 2023, but 13% above the company’s target.
- Foreign investors net-sold VND248 billion, with HDB (+2.22%) the most prominent net-bought stock, while VCB (-0.86%) was the most net-sold stock.
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