November 26, 2024: VN-Index kept showing decent improvement (+0.60%)
- VN-Index opened with optimism following the gain from the previous session. The buying force gradually kicked in and lifted the market significantly higher than the reference mark.
- The trading value also substantially improved in the morning, reaching VND 6.9 trillion which was 32% higher than yesterday.
- In the afternoon, the selling pressure slightly showed up and somewhat narrowed down the gain at the end.
- The Banking, Financial Services, and Food & Beverage sectors mainly drove the growth.
- Market breadth included 286 winners, 101 losers, and 67 unchanged.
- Liquidity increased by 11.7% to VND 13.3 trillion.
VN-30 continued to rise (+0.56%)
- The basket recorded 25 increasing stocks, 2 decreasing stocks, and 3 staying the same.
- MWG (+1.69%), POW (+1.65%), and BID (+1.54%) stimulated growth.
- Meanwhile, no stocks declined over 1%.
Sectors and stocks daily highlights
- IMP (-0.68%) announced the October 2024 business outcomes with revenue and profit before tax at VND 176 billion (-3% YoY) and VND 41 billion (+29% YoY), respectively. This resulted from an optimization regarding selling, general, and admin expenses which were 21% YoY lower.
- TCM (0.00%) disclosed the October 2024 business results with revenue and net profit at USD 13.6 million (+19% YoY) and USD 994 thousand (+127% YoY), in that order. Regarding the export market of the firm, the Asia region accounted for the majority proportion, at 63%. This was followed by the American market, at 32%.
- Foreign investors net bought VND 237 billion, driven by FPT (+0.97%), DPM (+2.68%), and MSN (+0.69%). On the other hand, PNJ (-0.11%) and DGC (-0.28%) were the two notable net-sold stocks.
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