July, 31 2024: VN-Index moved steady (VN-Index +0.52%)

• VN-Index opened higher today.
• In Vietnam, earnings results of large-cap stocks began to come in, and buying mainly stocks with good performance boosted the overall market.
• The market performed well in the morning, extending its gains. On the other hand, sellers appeared in the afternoon, and the market adjusted slightly. However, trading ended higher.
• Food & Beverages, Utilities, and Banks led the market rally.
• Market breadth included 206 winners, 224 losers, and 75 unchanged.
• Liquidity recovered 27.7% to VND17.5 trillion.

VN-30 led by Vinamiik (VN-30 +0.88%)

• The basket recorded 19 increasing stocks, 9 decreasing stocks, and 2 staying the same.
• VNM (+5.76%) led the gainers, while HDB (+3.95%) and GAS (+3.50%) performed well.
• The only stocks down more than 2% were PLX (-2.55%) and HPG (-2.51%).

Sectors and stocks daily highlights

• VNM (+5.76%) announced its financial results for 2Q2024. Revenue rose to VND16,665 billion (+9.5% YoY) and net profit after tax increased to VND2,696 billion (+20.9% YoY) thanks to strong overseas business.
• HDB (+3.95%) announced its financial results for 2Q2024. Interest income rose to VND14,245.2 billion (+12.4% YoY).  Thanks to an improved net interest margin, Pretax income significantly increased to VND4,137 billion (+50.9% YoY).
• Foreign investors net sold VND612 billion, with VIC (+0.24%) net sold by nearly VND900 billion, while VNM (+0.74%) and MWG (+0.81%) were net bought.

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July,_31_2024__Daily_Recap_Report_EN