July, 10 2024: VN-Index had negative session (VN-Index -0.60%)

• VN-Index opened higher and bounced back around the reference mark a few times in the morning session.
• Investor’s interest went to small and mid-cap stocks rather than blue-chip stock, which led to divergence between the Index and VN-30 Index.
• In spite of positive movement in morning session, the market experienced strong selling pressure as its price was appriching to 1,300 points and it decreased amid the negative momentum.
• Only Oil & Gas and Automobile & Parts sectors increased while decreased sectors were wide-ranging such as Technology, Retail, and Chemicals sector.
• Market breadth included 151 winners, 299 losers, and 65 unchanged.
• Liquidity was almost same as yesterday, VND 21.8 trillion.

VN-30 weighed on a whole market (VN-30 -0.82%)

• The basket had 6 increasing stocks, 23 decreasing stocks and one stock unchanged.
• GVR (-2.63%) dropped the most, followed by FPT (-2.55%) and MWG (-2.40%).
• PLX (+1.20%) was the only stock that increased more than 1%

Sectors and stocks daily highlights

• HHV (+0.00%) has announced its business results estimation for half of the year. The company expects revenue will be nearly 1,469 billion VND, after-tax profit will be more than 221 billion VND, up 28% and 15% respectively over the same period.
• HoSE announced that ITA (-4.67%) will be traded only in the afternoon from July 16th. They has been late to submit their audited Financial Statement for 2023 by its deadline.
• Foreign investors net sold VND 1,041 billion. MBB (+0.65%) was net-bought more than VND 100 billion. On the other hand, FPT (-2.55%) was the most net sold, followed by MWG (-2.40%).

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July,_10_2024__Daily_Recap_Report_EN