November 22, 2024: VN-Index sideway in uncertainty  (VN-Index -0.02%)

• VN-Index received an initial boost above the reference mark thanks to the upbeat U.S stock market.
• Although positivity was still the prevailing sentiment, investors also turned more cautious after two increasing sessions and the market fluctuated constantly.
• Technology sector led the market while Real Estate weighed the index down. Most other sectors diverged or changed minorly.
• The situation persisted throughout the day, with sell-side successfully pulling the market down to the reference level.
• Market breadth included 151 winners, 213 losers, and 89 unchanged.
• Liquidity remained low at VND 12.7 trillion, up 4.1%.

VN-30 saw more green (VN-30 -0.05%)

• The basket recorded 13 increasing stocks, 11 decreasing stocks, and 6 staying the same.
• GAS (+1.47%) and TCB (+1.29%) were the major gainers.
• However, the heavy drop from VHM (-3.93%) caused the index to close in red.

Sectors and stocks daily highlights

• HPG (+0.97%) increased as the company is researching into producing steel for the USD 67 billion North – South high-speed railway project.
• KBC (+0.37%) went against the sector as its subsidiary raised significant capital to prepare for the development of a VND 5,200 billion industrial park in Long An province.
• Foreign investors net buying edged up just slightly with VND 31 billion net bought today. This was thanks to net buyings on HDG (0.00%) and TCB (+1.29%). On the other hand, SSI (-1.02%) and VCB (+0.11%) was the most net sold stocks.

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