November 27, 2024: VN-Index remained flat (-0.01%)
- VN-Index opened higher as investor sentiment improved in hopes of calming the situation in the Middle East after Israel and Lebanon agreed to a cease-fire.
- However, the buying trend did not continue and the index gradually declined.
- The index continued to move sluggishly in the afternoon, failing to rally for the third consecutive day.
- The technology sector, which was heavily net-bought by foreign investors, was the biggest gainer.
- Market breadth included 124 winners, 237 losers, and 89 unchanged.
- Liquidity decreased by 14.9% to VND 11.3 trillion.
VN-30 reached 1,300pt (+0.14%)
- The basket recorded 9 increasing stocks, 14 decreasing stocks, and 7 staying the same.
- In particular, FPT (+2.74%) and POW (+1.62%) led the gains.
- SSI (-1.22%), VHM (-1.18%), and VRE (-1.09%) were the biggest decliners.
Sectors and stocks daily highlights
- Fecon Hoayen, an affiliate of FCN (-0.40%), has received official approval to develop Hoa Yen Industrial Park in Bac Giang Province. The development site will cover 256 hectares and the company will invest VND562 billion out of a total investment of VND3,745 billion.
- EIB (+2.19%) recently received approval to increase its charter capital from VND17,469 billion to over VND18,688 billion. A relatively strong rise in the stock price was recorded today.
- Foreign investors continued to buy for the fourth consecutive day, with today’s net-bought amount at VND355 billion, the largest in a month. FPT (+2.74%) was particularly heavily bought.
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