September, 23 2024: VN-Index’s movement was stagnant (VN-Index    -0.28%)

• VN-Index’s trading activities were mild in the morning. The sell-down volume presented higher outcomes than buyers, narrowing the market slightly below the reference mark.
• Despite the upward momentum from the Banking and Financial Services sectors, the Real Estate, Chemical, and Construction & Material sectors dragged down the market.
• The selling pressure started accelerating in the afternoon and extended downward movement a little further.
• The reversal of the Banking and Financial Services sectors put a strain on the market in the end.
• Market breadth included 137 winners, 261 losers, and 69 unchanged.
• Liquidity slid by 42% to VND 12.8 trillion.

VN-30 weighed on the market (VN-30 -0.37%)

• The basket recorded 9 increasing stocks, 19 decreasing stocks, and 2 stocks staying the same.
• BVH (+1.62%) and SSI (+1.33%) were the top gainers.
• Meanwhile, SSB (-3.63%), VRE (-2.56%), and PLX (-1.63%) negatively affected the basket.

Sectors and stocks daily highlights

• IMP (+0.97%) announced the August 2024 business results with favorable outcomes. The revenue recorded VND 177 billion, increasing 11% MoM thanks to the growth of the Essential Therapeutic Care channel (+22% MoM). For earnings after tax, it reached VND 28 billion (+13% MoM).
• HAH (+0.25%) approved the adjustment regarding the 2024 business plan. In particular, the revenue and the net profit target were 19% and 55% higher than the previous plan, in that order.
• Foreign investors net bought VND 220 billion, out of which, MWG (-1.03%), FUEVFVND (-0.24%), and HCM (-0.65%) had the most net buying value. On the other hand, VRE (-2.56%) was the only notable net-sold stock.

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