November 25, 2024: VN-Index maintained the gain throughout the trading hours (VN-Index +0.54%)
- VN-Index opened this week with a higher price than the reference level owing to gains in some blue-chip stocks.
- Increases in most of the sectors were dominant in the market. The Utility sector was especially notable.
- The positive sentiment continued in the afternoon session. The Index experienced even more increases toward the end.
- The Real Estate sector contributed to the further gain. The Retail sector, on the other hand, was relatively negative with low trading volume.
- Market breadth included 223 winners, 135 losers, and 94 unchanged.
- Liquidity remained low at VND 11.9 trillion, down 6.3%.
VN-30 rebounded (VN-30 +0.46%)
- The basket recorded 18 increasing stocks, 5 decreasing stocks, and 7 staying the same.
- POW (+6.58%) hit the ceiling price, and VHM (2.64%) was the main driver.
- The declines in all 5 stocks were mild.
Sectors and stocks daily highlights
- POW (+6.58%) surged due to the news that the company and VIC (+1.36%) have made a cooperation agreement to develop a nationwide charging station system for electric vehicles. They will also expand and promote the use of renewable energy through solar panels.
- HSG (-0.27%) announced that BOD approved VND 320 billion of additional investment into its subsidiary Hoa Sen Phu My One Member Co., Ltd., which is the only company in the group that produces hot-dip galvanized steel pipelines.
- Foreign investors traded inactively but were slightly net-bought with VND 63.5 billion. MSN (+1.69%) was the most net-bought stock, while KDC (+0.80%) was notable on the opposite side. However, both net bought/selling volumes were insignificant.
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