October 30, 2024:  VN-Index remained stagnant (VN-Index -0.25%)

• Continuing yesterday’s upward trend, VN-Index started higher.
• However, after the opening, sellers pushed the index lower.
• In the afternoon session, a buying trend did not last, and the market did not turn green until the end of the trading.
• Media and Travel & Leisure performed well, while Real Estate and Financial Services declined.
• Market breadth included 163 winners, 210 losers, and 74 unchanged.
• Liquidity declined by 32.6% to VND 12.7 trillion.

VN-30 also fell back (VN-30 -0.14%)

• The basket recorded 8 increasing stocks, 17 decreasing stocks, and 5 staying the same.
• STB (+2.20%), VIB (+1.33%), and TCB (+1.05%) increased over 1%.
• VHM (-3.74%), SSI (-1.31%), PLX (-1.19%), and VNM (-1.04%) decreased over 1%.

Sectors and stocks daily highlights

• VRE (+0.28%) announced its 3Q2024 results. Revenue was VND2,078 billion (-37.7% YoY) and net income after tax was VND906 billion (-31.2% YoY). This was mainly due to a sharp drop in revenue from sales of inventory properties to VND36 billion (-97.3% YoY).
• MWG (-0.75%) reported 3Q2024 results. Net sales were VND34,147 billion (+12.7% YoY) and net profit after tax was VND806 billion (20.7x YoY). Gross profit margin increased to 20.2% (+1.5ppt YoY) thanks to the optimization of store operating expenses in line with the reorganization strategy.
• Foreign investors net sold VND 144 billion. MSN (+0.13%) was the most net-sold stock, while VPB (0.00%) was the most 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.

October,_30_2024__Daily_Recap_Report_EN