September, 19 2024: VN-Index edged up amidst global sentiment (VN-Index +0.50%)

• VN Index started above the reference mark thanks to the Fed’s decision to cut interest rates by 50 basis points, as well as the official approval of the Non-Prefunding Solutions Circular.
• However, the the positivity could not be upheld, and the market entered a struggling state for most of the morning.
• Nevertheless, the afternoon session saw the market gradually increasing, led by major Banking and Real Estate stocks.
• There was no surprise at closing despite today being the expiration date of futures contracts.
• Market breadth maintained green with 240 winners, 122 losers, and 100 unchanged.
• Liquidity cooled down by 23.3% to VND 14.2 trillion.

VN-30 covered in green (VN-30 +0.57%)

• The basket recorded 22 increasing stocks, only 1 decreasing stock and 7 stock staying the same.
• Most gainers, however, were relatively modest except for SSB (+6.73%) and VRE (+1.57%).
• POW (-1.57%) was the only stock decreasing stock.

Sectors and stocks daily highlights

• DIG (+1.10%) announced its plan to develop 3 social housing projects with a total investment of VND 9,390 billion.
• The Trump Organization is exploring investment opportunities in Hung Yen province upon the suggestion of a subsidiaries of KBC (+5.94%).
• Foreign investors extended net buying by another VND 472 billion. SSI (+0.60%) was the most net bought stock by a wide margin. On the other hand, HPG (+0.60%) topped the net sold list.

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