21/1/2025: VN-Index’s gaining streak interrupted (VN-Index -0.28%)

• VN-Index started above the reference mark after the news that Mr. Trump will delay the imposement of tariffs.
• Banking stocks were the main leader of the market, keep the index up initially.
• However, it was also the later decline of this sector that pulled the market down in the afternoon.
• Cautious sentiment remained strong with divergence across most sectors.
• Market breadth included 147 winners, 240 losers, and 68 unchanged.
• Liquidity went up by 14% to VND 11.4 trillion.

VN-30 covered in red (VN30 -0.16%)

• The basket recorded 5 increasing stocks, 16 decreasing stocks, and 9 staying the same.
• Aside from GVR (-1.05%), HDB (-1.52%), POW (-1.72%), TPB (-1.22%), most decliners were rather minor
• SSB (+2.50%) single-handedly pull the index up.

Sectors and stocks daily highlights

• Medical and pharmaceuticals stocks DHG (-1.74%), DBD (-2.62%), IMP (-1.22%) were likely affected by Mr. Trump’s decision to pull the U.S out of WHO.
• VCI (+1.55%) recorded positive results for 2024 with VND 3,695 billion revenue (+49.5% YoY) and VND 910 billion net profit (+85.1% YoY), exceeding 47.2% and 55.6& of the annual plan respectively.
• Foreign investors continued to net sell VND 169 billion. CTG (0.00%) and PVD (+0.21%) topped the net sold and net bought list respectively.

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 January,_21_2025__Daily_Recap_Report_EN