24/03/2025: VN-Index managed to maintain upward momentum (VN-Index +0.64%)

• VN-Index opened optimistic sentiment as the Vin stock attempted to push the market forward. The seller gradually kicked in after that and narrowed down the Index below the reference mark.
• Despite the surge of the Real estate and Technology sectors, Banking, Basic resources, and Industrial Goods & Services dragged down the market.
• In the afternoon, the buyer decently increased from the beginning till the end, surpassing the high from the morning.
• The upward movement of the Banking, Real Estate, and Financial Services sectors accelerated.
• Market breadth included 196 winners, 249 losers, and 83 unchanged.
• Liquidity increased by 16% to VND 19.6 trillion.

VN-30 outstripped the market (VN30 +0.90%)

• The basket recorded 14 gainers, 13 decliners, and 3 unchanged stocks.
• VIC (+6.98%), VHM (+6.32%), and SHB (+5.53%) were top gainers.
• On the other hand, LPB (-1.87%), BCM (-1.78%), and VIB (-1.72%) slowed down the basket.

Sectors and stocks daily highlights

• VIC (+6.98%) received approval for the sea reclamation plan for its large-scale project Cần Giờ Tourism Urban Area. The total reclaimed area will cover over 2,870 hectares with a total investment of USD 9 billion, the project is expected to become a new tourism and urban center, driving economic growth for Cần Giờ District.
• HPG (0.00%) has proposed to urgently deploy a high-speed railway track production project in Quảng Ngãi Province. The project aims to produce rails for future high-speed railway projects in Vietnam. The firm seeks support from local authorities to quickly complete investment procedures and site clearance to start the project soon.
• Foreign investors net-sold VND 719 billion which was mainly driven by TPB (-1.69%). Meanwhile, VPI (+4.75%) was the only net-bought stock.

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 March,_24_2025__Daily_Recap_Report_EN