November 4, 2024: VN-Index expanded downward movement (VN-Index -0.81%)
- Following unfavorable economic readings of the U.S. market on Friday, VN-Index soon declined at a gradual pace.
- The Banking, Financial Services, and Real Estate sectors fell and narrowed down the market.
- In the afternoon, the Index fluctuated as some bottom-fishing forces kicked in but it was insignificant. Therefore, the market remained below the reference market at the end.
- The Financial Services somewhat recovered, while other sectors remained negative.
- Market breadth included 93 winners, 287 losers, and 59 unchanged.
- Liquidity increased by 6.8% to VND 15.8 trillion.
VN-30 weighed down on the market (VN-30 -0.98%)
- The basket recorded 5 increasing stocks, 23 decreasing stocks, and 2 staying the same.
- TPB (-2.93%), GVR (-2.32%), and VPB (-2.23%) dragged down the basket.
- Meanwhile, no stock recorded over 1% gain.
Sectors and stocks daily highlights
- PVS (-0.52%) announced to pay dividends by cash at a rate of 7%. The record date and payment date will be November 14, 2024 and December 17, 2024, respectively.
- FMC (-0.55%) revealed the business outcome in October 2024 with a revenue of USD 23.25 billion (+126% YoY). This resulted from better shrimp consumption, reaching 2,043 billion tons (+123% YoY).
- Foreign investors net sold VND 680 billion, driven by MSN (-1.74%), VHM (0.00%), and FPT (-1.34%). On the other hand, net-bought stocks had negligible value.
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