Update news on November, 5 2024
05-11-2024

November 5, 2024:  VN-Index remained volatile (VN-Index +0.08%)

  • Recovering slightly from yesterday, VN-Index started higher.
  • The market was cautious ahead of the U.S. presidential election to be held this evening and the FOMC meeting that starts the next day.
  • There were attempts to rally in the afternoon session, but selling pressure held it back, ultimately resulting in a slight gain over the previous day.
  • The Travel & Leisure and Personal & Household Goods performed well, while Media was the biggest decliner.
  • Market breadth included 187 winners, 168 losers, and 83 unchanged.
  • Liquidity decreased by 30.4% to VND 11.0 trillion.

VN-30 also did not perform well (VN-30 +0.05%)

  • The basket recorded 11 increasing stocks, 9 decreasing stocks, and 10 staying the same.
  • GVR (+1.74%) was the driver, rising over 1%.
  • On the other hand, only CTG (-1.82%) was down more than 1%.

Sectors and stocks daily highlights

  • FPT (-0.15%) approved increasing the charter capital of its subsidiary, FPT Smart Cloud Company Limited, from VND 200 billion to VND 1 trillion. The company is expected to focus more on the artificial intelligence (AI) and cloud computer sectors.
  • PNJ (+0.86%) was awarded the title of “Vietnam National Brand” by the Ministry of Industry and Trade last night, the ninth consecutive time the award has been given, beginning in 2008.
  • Foreign investors net sold VND 854 billion. Continuing from yesterday, MSN (-0.14%) and VHM (-0.12%) were the most net selling. Meanwhile, TCB (0.00%) was the most net buying.

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