October 22, 2024: VN-Index stalled in red for a whole day (VN-Index -0.77%)
- VN-Index opened the trading session around the reference price but started declining immediately.
- Decreased stocks were diversified sector by sector, only the Construction & Material sector was relatively positive.
- Although reaching the reference level several times, the index could not break through and experienced even more drops in the end.
- The Chemicals and the Technology sectors pulled down the whole market.
- Market breadth had 107 winners, 269 losers, and 58 unchanged.
- Liquidity massively increased by 33% to VND 19.0 trillion.
VN-30 followed a market’s momentum (VN-30 -0.67%)
- The basket included 5 increasing, 23 decreasing, and 2 unchanged stocks.
- Dropped stocks were varied, such as GVR (-4.12%), VRE (-2.62%), VIB (-2.34%), and BCM (-2.26%).
- VHM (+0.94%) and MWG (+0.76%) slightly increased.
Sectors and stocks daily highlights
- PNJ (-1.69%) released their business results of 9M2024. The company recorded net revenue of VND 7,130 billion (+3% YoY) and profit after tax of VND 216 billion (-15% YoY) in 3Q2024. They achieved 79% of the revenue target and 66% of the annual profit plan with those numbers.
- Ho Chi Minh Stock Exchange (HOSE) announced MWG (+0.76%) has been included VN Diamond Index again with an effective date 4th November. On the other hand, VRE (-2.62%) remains on the waiting list for removal.
- Foreign investors recorded net sales of VND 139 billion today. The most notable net-sold stocks were FUEVNFUND (-0.27%) and KDH (+0.62%). Meanwhile, MWG (+0.76%) was net bought.
_________________________________
【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.