September, 06 2024: VN-Index turned in green in the afternoon (VN-Index +0.45%)
- VN-Index started trading on a bit higher level than the reference price. However, in a middle of the morning session, the Index began to decline and went below the line.
- On the contrary, buying was the dominant trend in the afternoon. Not only it narrowed the decline, but also pushed up into green area. It can be because August CPI had been announced and still kept stable, which made investors take risks to buy.
- The Chemicals, Technology sectors led the whole market, on the other hand, the Travel & Leisure sector dropped.
- Market breadth included 192 winners, 212 losers, and 64 unchanged.
- Liquidity decreased today, fell by 6.7% to VND15.4 trillion.
VN-30 followed the whole market (VN-30 +0.48%)
- The basket had 22 increasing stocks, 6 decreasing stocks, and 2 staying the same.
- MSN (+2.56%), VRE (+2.03%), and PLX (+1.95%) were outstanding on the positive side.
- Meanwhile, SSB (-2.70%) was the only notable stock which recorded a decline.
Sectors and stocks daily highlights
- The General Statistics Office decleared CPI results. CPI in August increased by 1.89% compared to December 2023. On average, in the first 8 months of 2024, CPI increased by 4.04% YoY.
- Shareholders of VHM (+0.34%) have approved a repurchase of 370 million VHM shares. The company has increased VND 40,000 billion of their capitalization within one month.
- Foreign investors net bought VND 231.3 billion. FPT (-1.80%) was significantly net bought with more than VND 200 billion, while foreign investors thoroughly focused on selling VHM (+0.34%) .
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