July, 30 2024: Volative trading ended in unchange (VN-Index -0.12%)
- VN-Index opened below the reference mark after two recovery session.
- The market was quiet, both in terms of market movement and cash flow. As such, the index remained in the red for the entire morning.
- The market broke into the green for a brief moment at the start of the afternoon. Nevertheless, it was followed by a sudden plunge, weighing down by major sector Banking and Real Estate.
- However, it was also the recovery of these sectors that helped the market to quickly recover to just under the reference mark.
- Market breadth was still negative with 154 winners, 267 losers, and 75 unchanged.
- Active trading in the second half led liquidity to improve to VND 13.7 trillion, up 20.1%.
VN-30 outperformed the market (VN-30 +0.16%)
- The basket recorded 11 increasing stocks, 16 decreasing stocks, and 3 staying the same.
- MWG (+1.61%), along with the recovery of MBB (+1.66%) and VIC (+1.44%) led the basket to close in the green.
- Major decliners were more abundant, but at slightly lesser extents such as PLX (-1.46%), POW (-1.47%), VIB (-1.44%), VHM (-1.08%), VRE (-1.06%).
Sectors and stocks daily highlights
- HBC (-6.96%) hit floor price as the company is forced to be de-listed from HoSE due to negative owner’s equity.
- APH (+6.97%) surged to ceiling price after the release of its financial results, in which the company recorded VND 109.4 billion net profit (+1163.8% YoY) in 2Q2024.
- Foreign investors net sold another VND 307. billion today. Net sellings were spread rather equally. On the other hand, VNM (+0.74%) and MSN (+0.81%) were the most net bought stocks.
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