September, 20 2024: VN-Index managed to keep gains (VN-Index +0.06%)

• The global market rally, especially in the U.S., affected Vietnam, with VN-Index opening higher. Soon afterward, it reached an around +0.5% level.
• The movement was particularly strong in large-cap stocks, driving the overall market higher.
• However, after crossing 1,280 pt, the index gradually declined. Significant selling was also seen near the close, limiting the gains.
• Oil & Gas and Basic Resources sector rose significantly, while Real Estate fell the most.
• Market breadth included 224 winners, 185 losers, and 64 unchanged.
• Liquidity increased by 53.5% to VND 21.8 trillion.

VN-30 was the driver (VN-30 +0.58%)

• The basket recorded 16 increasing stocks, 11 decreasing stocks, and 3 stocks staying the same.
• ACB (+3.43%) was the most notable gainer, while SAB (+1.59%) and HPG (+1.58%) were also leading performers.
• Only VIC (-1.40%) fell by over 1%.

Sectors and stocks daily highlights

• PVD (+5.05%) and PVS (+2.97%) performed well on reports that the Block B Omon project has officially started construction.
• LPB (+1.63%) announced additional information regarding the extraordinary shareholders’ meeting scheduled for 22 September. The company plans to acquire 5% of FPT (+0.07%)’s capital.
• Foreign investors net sold by VND349 billion. SSI (0.00%) and TCB (+1.51%) were the most heavily net bought. Net sold were mainly in VHM (-0.91%), VIX (-1.32%), and VNM (-0.82%).

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