October 16 2024: VN-Index mostly moved in red (VN-Index -0.12%)

• The VN Index opened and fluctuated around the reference level, waiting for upcoming business results announcements for 3Q2024.
• Owing to the increases in the Retail and Food & Beverage sectors, the Index managed to record a slight gain in the morning session.
• As the afternoon session began, the declines became more and more widespread. Even though there was a sign of backlash at the end, the market resulted in the drop.
• The decrease in the Oil & Gas sector was significant and the subtle increases in some sectors could not push the market to a green level.
• Market breadth included 153 increasing, 209 decreasing, and 70 unchanged stocks.
• Liquidity decreased by 20.1% to VND 13.3 trillion.

VN-30 weighed on the market (VN-30 -0.15%)

• The basket had 9 increasing, 18 decreasing, and 3 staying the same.
• The decline in SSB (-4.02%), and PLX (-2.33%) were particularly considerable.
• MWG (+1.71%) and SAB (+1.23%) were the notable gainers today.

Sectors and stocks daily highlights

• EIB (+1.37%) refuted the rumor about the bank’s possible collapse. The bank insisted that the document used as a clue did not have stamps and signatures, which means it has raised doubts regarding its authenticity and origin.
• After the October meeting, the group’s leaders of DIG (-1.72%) said that in the fourth quarter, DIC Corp will prioritize completing legal procedures for projects; increasing charter capital; completing project transfers as planned; developing sales plans and focusing on debt collection at projects.
• Foreign investors net sold VND 311 billion, led by HDB (-0.37%) and FPT (-0.51%). On the other hand, STB (-0.30%) was net bought but with insignificant value.

＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿

【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,_16_2024__Daily_Recap_Report_EN