Update news on June,26 2024
26-06-2024

June, 26 2024 : VN-Index managed to remain upside (VN-Index +0.37%)

  • VN-Index had a pessimistic trading session in the morning as the selling pressure kicked in and dragged the market below the reference mark.
  • The downward of the Banking, Financial Services, and Real Estate sectors substantially affected the Index.
  • However, the buyers soon showed up in the afternoon and offset the selling forces. It succeeded in anchoring the market slightly above the reference mark at the end.
  • The Chemicals, Technology, and Automobile & Parts presented as the main growth drivers of the market.
  • Market breadth included 190 increasing, 216 decreasing, and 76 unchanged stocks.
  • Liquidity dropped by 3.4% to VND 20.8 trillion.

VN-30 fell behind the market (VN-30 +0.19%)

  • The basket recorded 12 rising, 12 declining, and 6 stocks staying the same.
  • GVR (+6.99%) lifted the market, followed by BCM (+4.76%) and PLX (+3.41%).
  • VRE (-2.35%) was the only stock to decrease more than 1%.

Sectors and stocks daily highlights

  • GAS (+0.26%) revealed the 5M2024 business performance with favorable results. The firm generated VND 41.5 trillion in revenue and VND 5.2 trillion in profit before tax. These figures have completed 59% the sales target and 71% profit before tax target in 2024.
  • MWG (+0.97%) released the business results in May 2024 with mixed outcomes. The total revenue of the TGDD and DMX chains declined 7% MoM to VND 7.5 trillion mainly due to the decrease in air conditional sales. However, the BHX chain generated VND 3.4 trillion (+6% MoM) and the average monthly revenue per store reached VND 2 billion.
  • Foreign investors had a net sold session with VND 598.7 billion. FPT (+1.38%), FUEVFVND (-0.65%), and MWG (+0.97%) had the most net selling value. Meanwhile, TCB (0.00%) was the only notable net-bought stock.

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