Update news on October, 28 2024
28-10-2024

October 28, 2024:  VN-Index had an inactive day (VN-Index +0.16%)

  • VN-Index started the week above the reference level trying to wipe off the recent sluggish sentiments.
  • However, the positive momentum did not last because of the declines in some major sectors such as the Real Estate and the Retail sector.
  • In the afternoon, the Index got back to the green area again. The market ended with a slight increase although it went down below the reference level once.
  • The Basic Resources and the Oil & Gas sectors were positive, the Real Estate sector remained negative on the contrary.
  • Market breadth included 211 winners, 162 losers, and 69 unchanged.
  • Liquidity declined by 21.2% to VND 10.8 trillion.

VN-30 rebounded (VN-30 +0.21%)

  • The basket recorded 15 increasing stocks, 9 decreasing stocks, and 6 staying the same.
  • VHM (-2.62%) weighed on the basket the most. VNM (-1.13%) and HDB (-0.93%) were also negative.
  • Increases in the stocks like HPG (+1.13%), and PLX (+1.08%) were subtle.

Sectors and stocks daily highlights

  • VIC (-0.24%) announced the launch of VinVentures Technology Investment Fund to support startups in the Artificial Intelligence (AI) business. Their assets will be USD 150 million mainly from inheritance from Vingroup.
  • GEX (+0.73%) declared business results in 3Q2024. The company recorded VND 8,709 billion (+5.9% YoY) in net revenue and VND 502 billion (+34.1% YoY) in profit before tax. Their net revenue growth in the third quarter mainly came from the positive growth of the electrical equipment segment.
  • Foreign investors net sold VND 457 billion today. MSN (+0.91%) was net-sold with more than VND 200 billion. On the other hand, there were no notable net-bought stocks.

 

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