Update news on October, 11 2024
11-10-2024

October 11 2024: VN-Index remained resilient (VN-Index +0.16%)

  • The VN-Index continued to open with caution near the 1,300 resistance. Trading activities were insignificant so the market fluctuated around the reference mark.
  • Only the real estate sector notably lifted the market, while the banking and retail sectors narrowed it down.
  • However, the buying force slightly kicked in in the afternoon, pushing the Index marginally above the reference mark.
  • The Financial Services, Food & Beverage, and Industrial Goods & Services sectors geared up the market at the end.
  • Market breadth recorded 195 winners, 160 losers, and 80 unchanged.
  • Liquidity decreased by 39.4% to VND 13.2 trillion.

VN-30 contributed to the growth (VN-30 +0.14%)

  • The basket had 15 increasing, 12 decreasing, and 3 staying the same.
  • VHM (+3.44%), VRE (+2.98%), and VJC (+2.74%) took the lead.
  • Meanwhile, POW (-2.33%) and FPT (-1.48%) slowed down the market.

Sectors and stocks daily highlights

  • VHC (0.00%) revealed revenue in September 2024 reached VND 930 billion. This figure increased by 6% YoY thanks to the surge of the Miscellaneous (+57% YoY), Noodle & Rice papers (+213% YoY), and Pangasius products (+10% YoY).
  • VHM (+3.44%) announced the record date for collecting shareholder opinions in writing for the second time, 23 October 2024. In addition, the ex-right date will be 22 October 2024, with the exercise ratio at 1:1 (1 share—1 voting right).
  • Foreign investors net sold VND 318 billion, driven by VHM (+3.44%), FPT (-1.48%), and SSI (-0.36%). On the other hand, MSN (+1.37%) was the only significant net-bought stock.

_________________________________

Disclaimer

This material has been prepared by Japan Securities Co., Ltd. (JSI) for the purpose of providing investors with relevant information. JSI makes no representation or warranty regarding the completeness and accuracy of such information. This material is provided, for information purposes only and does not constitute an offer or solicitation to buy or sell any securities discussed herein in any jurisdiction.

We are not responsible for any errors or omissions or for the results obtained from the use of such information.

This note is confidential and is being supplied only to you solely for your information and may not be reproduced, redistributed, or passed on, directly or indirectly, to any other person or published in whole or in part, for any purpose.

In the United States, this report is intended for distribution solely to major Institutional Investors as defined in Rule 15a-6 under the Securities Exchange Act of 1934.

 

Japan Securities Co., Ltd. is a financial instruments dealer registered with SSC(State Securities Commission of Viet Nam): Registration Number 129/GP-UBCK, and a member of VNX (Vietnam Stock Exchange), HNX (Hanoi Stock Exchange), HOSE (Hochiminh Stock Exchange) & VSDC (Vietnam Securities Depository and Clearing Corporation), and is registered address is  Suite 701, Tower 1, Capital Place, 29 Lieu Giai, Ngoc Khanh, Ba Dinh,  Hanoi, Vietnam.

October,_11_2024__Daily_Recap_Report_EN