June, 14 2024:VN-Index showed a negative outcome at the end (VN-Index -1.66%)
- VN-Index fluctuated around the 1,300 resistance in the morning with decent liquidity.
- The banking sector managed to anchor the market, while the Food & Beverage and Retail sectors weighed down on the Index
- However, profit-taking action kicked in in the afternoon and gradually accelerated to narrow the market at the end.
- The Banking, Financial Services, and Food & Beverage presented as the most declining sectors.
- Market breadth had 89 increasing, 366 decreasing, and 52 unchanged stocks.
- Liquidity picked up by 27.6% to VND 29.0 trillion.
VN-30 fell at a slower pace (VN-30 -1.30%)
- The basket included 2 gaining and 28 declining stocks.
- SSB (+1.38%) and FPT (0.77%) were the only two rising stocks.
- On the other hand, GVR (-6.65%), PLX (-4.03%), and VPB (-3.86%) were the major decliners.
Sectors and stocks daily highlights
- PET (-6.43%) successfully held the 2nd AGM this morning. The firm dismissed the 3 board members and it noticed that an outside member violated the legal framework before. The firm also expects Petrovietnam will conduct divestment from PET in 2025.
- DIG (-2.84%) approved to dissolute its subsidiary company, the Vung Tau Center Point Co., Ltd, which has a charter capital of VND 300 billion. After this decision, DIG will have 11 subsidiaries, 5 affiliated companies, 1 joint venture company.
- Foreign investors had a net selling session today with VND 571 billion. FPT (+0.77%) and VHM (-0.13%) were the most net-sold stocks with more than VND 100 billion. Meanwhile, SSI (-1.10%), MSN (-0.76%), and DGC (-1.30%) had the most net buying value.
_________________________________
【Disclaimer】
This material has been prepared by Japan Securities Co., Ltd. (JSI) for the purpose of providing investors with relevant information. JSI makes no representation or warranty regarding the completeness and accuracy of such information. This material is provided, for information purposes only and does not constitute an offer or solicitation to buy or sell any securities discussed herein in any jurisdiction.
We are not responsible for any errors or omissions or for the results obtained from the use of such information.
This note is confidential and is being supplied only to you solely for your information and may not be reproduced, redistributed, or passed on, directly or indirectly, to any other person or published in whole or in part, for any purpose.
In the United States, this report is intended for distribution solely to major Institutional Investors as defined in Rule 15a-6 under the Securities Exchange Act of 1934.
Japan Securities Co., Ltd. is a financial instruments dealer registered with SSC(State Securities Commission of Viet Nam): Registration Number 103/UBCK-GP, and a member of HNX( Hanoi Stock Exchange), HOSE(Hochiminh Stock Exchange) & VSD(Vietnam Securities Depository), and is registered address is Suite 701, Tower 1, Capital Place, 29 Lieu Giai, Ngoc Khanh, Ba Dinh, Hanoi, Vietnam.