November 14, 2024: VN-Index fell substantially  (VN-Index -1.14%)

• VN-Index started the day with a slight optimism but the seller soon kicked in and narrowed down the market below the reference mark.
• The downward movement of the Banking, Financial Services, and Basic Resources sectors primarily put a strain on the Index.
• The selling pressure continued to accelerate further in the afternoon and notably dragged down the market at the end.
• Pessimism pervaded nearly all sectors as the selling force increased significantly at the end.
• Market breadth included 82 winners, 284 losers, and 62 unchanged.
• Liquidity increased by 5.2% to VND 16.1 trillion.

VN-30 weighed on the market (VN-30 -1.33%)

• The basket recorded 5 increasing stocks, 23 decreasing stocks, and 2 staying the same.
• SSI (-2.95%), HPG (-2.77%), and STB (-2.69%) were the most declined stocks.
• Meanwhile, the growth percentage of increasing stocks was negligible.

Sectors and stocks daily highlights

• VHC (-0.27%) announced the business results in October 2024 with a revenue of VND 1,206 billion (+59% YoY). This was driven by higher demand from the U.S. and China markets for pangasius products (+70% YoY) and miscellaneous (+42% YoY).
• CTR (-3.84%) released the October 2024 business performance with revenue and net profit of VND 1,250 billion (+11% YoY) and VND 62 billion (-7% YoY), in that order. In 10M2024, the firm has completed 82% revenue target and 81% net profit target.
• Foreign investors net sold VND 944 billion which mostly focused on FPT (-1.31%), VPB (-1.81%), and MSB (-0.85%). On the other hand, the net buying value was insignificant.

＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿

【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 129/GP-UBCK, and a member of VNX (Vietnam Stock Exchange), HNX (Hanoi Stock Exchange), HOSE (Hochiminh Stock Exchange) & VSDC (Vietnam Securities Depository and Clearing Corporation), and is registered address is  Suite 701, Tower 1, Capital Place, 29 Lieu Giai, Ngoc Khanh, Ba Dinh,  Hanoi, Vietnam.

November,_14_2024__Daily_Recap_Report_EN