September, 27 2024: VN-Index slightly pulled back (VN-Index -0.04%)

• VN-Index opened today with a slight increase, however, the psychological resistance level of 1,300 points was strongly felt.
• Although the buying force tried to break the resistance line in the morning, the momentum was not strong enough to go beyond.
• The fluctuation got to be mild in the afternoon. The Index tried to maintain the gain but ended up with a slight decline.
• The Bank sector was still the main increasing sector, while the drop in the Oil & Gas sector impacted the whole market.
• Market breadth included 148 winners, 228 losers, and 95 unchanged.
• Liquidity slightly declined by 1.1% to VND 21.5 trillion.

VN-30 maintained the gain (VN-30 +0.13%)

• The basket recorded 11 increasing stocks, 11 decreasing stocks, and 8 stocks staying the same.
• STB (+2.60%) and SHB (+2.33%) were notable increased stocks.
• On the other hand, VHM (-2.25%) and PLX (-1.43%) dropped.

Sectors and stocks daily highlights

• The State Securities Commission (SSC) decided to order TVB (+0.44%) to fine VND 65 million for violating information disclosure regulations. According to SSC, there were no mitigations as the company had committed administrative violations many times.
• CTG (+1.65%) announced an extraordinary AGM to elect an additional member of the Board of Directors in October. If the new candidate is elected, the number of BOD in the company will be 10.
• Foreign investors focused on buying towards the end and recorded a net bought VND 250 billion today. FPT (-0.07%), TPB (+1.50%), and VNM (+0.42%) were the top 3 net-bought stocks. On the other hand, VPB (+0.77%) was net sold with more than VND 160 billion.

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September,_27_2024__Daily_Recap_Report_EN