October 23, 2024: VN-Index moved sideways (VN-Index +0.08%)
- VN-Index started the day with positive momentum but could not maintain the move once it began to drop.
- As Vinfast in the US market had soared by 12.2% yesterday, VIC was bought well, which supported the market in the downtrend.
- The index somehow stopped steep decreases and hovered around the reference level in the afternoon session.
- The Oil & Gas sector was the most notable sector on the positive side. On the contrary, the Retail sector had a sluggish day.
- Market breadth had 204 winners, 156 losers, and 77 unchanged.
- Liquidity decreased by 26.4% to VND 14.0 trillion.
VN-30 slightly increased (VN-30 +0.06%)
- The basket included 14 increasing, 11 decreasing, and 5 unchanged stocks.
- Only VHM (-2.56%) was significant. Other declining stocks recorded less than 1% of drop.
- VIC (+2.37%), STB (+2.29%), and TPB (+2.02%) were top gainers.
Sectors and stocks daily highlights
- STK (+1.17%) announced business results in 3Q2024. Although the company recorded VND 307 billion in revenue (-19% YoY), a net profit was VND 82 billion, which is the company’s highest net profit ever. It was because they benefited from positive financial revenue.
- The CEO of TCB (0.00%) shared his intention to expand its business presence to the Southern part of the country. The company said the region is more attractive than the Northern area in terms of a real estate market.
- Foreign investors recorded a net-bought of VND 9.07 billion today. TCB (0.00%) recorded a huge net-bought with a value of more than VND 100 billion. On the other hand, VHM (-2.59%) was the most notable net-sold stock today.
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