Update news on July,29 2024
29-07-2024

July, 29 2024: VN-Index had a mild trading day (VN-Index +0.36%)

  • VN-Index opened with a slight upward movement, though it soon got pushed down by the sellers. However, the market managed to remain positive in the morning
  • The Banking, Chemical, and Basic Resources sectors anchored the Index.
  • The buyers came back in the afternoon resulting from favorable business results for companies.
  • The Food & Beverage, Basic Resources, and Retail sectors were the main growth drivers at the end.
  • Market breadth included 244 winners, 168 losers, and 94 unchanged stocks.
  • Liquidity was stagnant, recording VND 11.4 trillion (-3.4%).

VN-30 fell behind the market (VN-30 +0.30%)

  • The basket recorded 14 increasing stocks, 7 decreasing stocks, and 9 staying the same.
  • VNM (+2.13%), BID (+1.84%), and HPG (+1.64%) were the top gainers.
  • On the other hand, VRE (-1.81%), VHM (-1.72%), and VJC (-1.48%) narrowed down the market.

Sectors and stocks daily highlights

  • HSG (+0.65%) announced its 2Q2024 business results with favorable outcomes. In particular, the firm generated VND 10,840 billion in revenue, increasing by 25.4% YoY. The net profit recorded VND 273.4 billion compared to VND 14.16 billion in 2Q2023.
  • ACV (+2.09%) revealed its 2Q2024 business performance with positive outcomes. The firm recorded VND 5,535 billion in sales which showed an increase of 12.3% YoY. The net profit achieved VND 3,168 billion, surging by 25.4% YoY thanks to a 60% YoY decrease in administrative expenses.
  • Foreign investors net sold VND 218.6 billion today. PDR (+0.48%) and DCM (+4.55%) had the most net selling value. Meanwhile, VIX (+0.72%) and FPT (+0.78%) were the most net-bought stocks.

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