September, 09 2024: VN-Index suffered from global sentiment (VN-Index -0.49%)

• VN-Index started deep below the reference mark as weak labor market report in the U.S and the U.S stock market affected Asian market as a whole.
• The market hover around the beginning level for the majority of the day, anchored in place thanks to Steel sectors.
• Meanwhile, major large caps weighed the market down heavily. That, along with low cash flow, the market could not gather enough force for any meaning recovery.
• Market breadth was sell-side favored with 104 winners, 282 losers, and 85 unchanged.
• Liquidity lost more than 24.1%, down all the way to VND 11.7 trillion.

VN-30 covered in red (VN-30 -0.63%)

• The basket recorded 3 increasing stocks, 23 decreasing stocks, and 4 staying the same.
• Major decliners were abundant such as BVH (-1.79%), SSI (-1.50%), VHM (-2.05%), VIC (-2.13%), STB (-1.34%).
• There was no stock gaining more than 1%.

Sectors and stocks daily highlights

• HSG (+2.26%) and NKG (+2.64%) jumped in hope of a surge in demand for galvanized steel for repairing activities post-Yagi typhoon.
• VNZ (-14.93%) nearly touched floor price after pictures of polices at the company’s headquarter circulated the Internet.
• Foreign investors turned to net selling VND 483.1 billion today. FPT (-0.61%) this time was net sold the most, followed by MSN (-0.79%) and HPG (+0.79%). On the other hand, most net bought stocks were relatively minor.

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