Update news on July,26 2024
26-07-2024

July, 26 2024: VN-Index was traded positively (VN-Index +0.72%)

  • VN-Index opened higher than the reference mark but trading momentum was quite moderate same as yesterday.
  • The Oil & Gas, Food & Beverage sectors pulled up the market, the Retail sector was negative on the contrary in the morning.
  • The whole market experienced alternating hope and fear as listed companies started to reveal its business results for first half of the year. The index ended in green, which is thanks to positive results of some blue-chip stocks.
  • The Oil & Gas sector kept its momentum, followed by most of the sectors except for the Retail sector.
  • Market breadth included 284 winners, 129 losers, and 80 unchanged.
  • Liquidity was almost same as yesterday, VND11.8 trillion.

VN-30 obeyed the whole market (VN-30 +0.76%)

  • The basket recorded 22 increasing stocks, 3 decreasing stocks and 5 staying the same.
  • POW (+5.04%), BCM (+4.92%), MSN (+4.23%) recorded big increases.
  • VRE (-2.03%), VHM (-0.13%), and VJC (-0.09) were the only dropped stocks.

Sectors and stocks daily highlights

  • MSN (+4.23%) announced its 1H2024 business results. The company recorded  VND 20,134 billion (+8% YoY) in revenue, and VND 946 billion (+120% YoY) in profit after tax owing to benefit from their core retail consumer business and reduced in interest expenses.
  • VGC (-1.11%) announced its 1H2024 business results. The company recorded  VND 5,351 billion (-20% YoY) in revenue, and VND 408 billion (-47% YoY) in profit after tax
  • Foreign investors net bought VND391 billion, with KDC (+3.20%) being the most net bought while DGC (-1.98%) being the most net sold.

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