Update news on June,19 2024
19-06-2024

June, 19 2024:VN-Index bounced back from negative (VN-Index +0.02%)

  • A slight positive momentum was extended from yesterday’s session as VN-Index started above the reference mark.
  • Selling pressure soon set in and gradually pulled the market down.
  • The few positivity from Seafood stocks and Fertilizer stocks could not outweigh the drag from major sectors like Banking and Real Estate.
  • Nevertheless, they were joined in by Technology sector in the afternoon, which managed to brought the market back to the green.
  • However, the momentum was once again could not be maintained during the ATC session.
  • Market breadth still leaned to sell-side with 184 winners, 246 losers and 71 unchanged.
  • Liquidity jumped 15.9% to VND 25.9 trillion thanks to the recovering momentum in the second half.

VN-30 saw milder fluctuations (VN-30 +0.33%)

  • The basket was balanced with 14 increasing stocks, 14 decreasing stocks and 2 staying the same.
  • Notable stocks existed on both side, for major gainers, they were FPT (+2.73%), MWG (+1.77%), PLX (+1.22%), STB (+1.15%), VPB (+2.15%).
  • For major decliners, they were GVR (-1.03%), SAB (-2.52%), VIC (-1.43%), VJC (-1.24%), VRE (-2.13%), TCB (-1.03%).

Sectors and stocks daily highlights

  • During its AGM, the chairman of KBC (-1.64%) disclosed that the company is having difficulty in paying compensation for Trang Due 3 IP project.
  • DCM (+2.21%) announced a cash dividend payment of VND 2,000/share.
  • Foreign investors net sold heavily for VND 1,513 billion. FPT (+2.73%), VNM (-0.91%) and VPB (+2.15%) were the most net sold stocks. On the other hand, net bought stocks HAH (+0.51%), MWG (+1.77%) were much more minor.

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