Update news on April, 08 2024
08-04-2024

04月08日: VN-Index continued to fall (VN-Index -0.38%)

  • VN-Index opened and the seller gradually dragged the Index lower than the reference mark. However, the selling pressure was mild.
  • Most of the sectors were in red, out of which, Real Estate, Financial Services, and the Retail sectors were responsible for the decline of the market.
  •  The buyer stepped in in the afternoon and pushed the market above the reference mark for a moment. Nonetheless, the selling force managed to counteract all the gain after that.
  • The Banking and Basic Resources sectors slightly turned green, while other sectors accelerated their downward movement.
  • Market breadth recorded 112 increasing, 355 decreasing, and 81 unchanged stocks.
  • Liquidity fell by 23% to VND 20.4 trillion.

VN-30 decreased at a slower pace (VN-30 -0.24%)

  • The basket included 9 gaining, 17 losing, and 4 unchanged stocks.
  • VRE (-4.45%), STB (-2.03%), and MWG (-1.96%) were the most decliners.
  • In contrast, the Banking sector led the gain, namely HDB (+2.36%), BID (+1.20%), and CTG (+0.90%).

Sectors and stocks daily highlights

  • HPG (+0.51%) announced the steel production in March 2024 which recorded VND 741,000 tons (+7% YoY) in crude steel. In addition, the total consumption of hot-rolled coil steel, and construction steel reached VND 693,000 tons (+34% QoQ).
  • PLX (-0.27%) revealed the documents for the 2024 Annual General Meeting. The firm plans to pay dividends by share at the rate of 15% which is equivalent to VND 1,905.9 billion. Moreover, it sets the revenue and profit before tax target in 2024 at VND 188,000 billion (+68% YoY) and 2,900 billion (+74% YoY), respectively.
  • Foreign investors had a net selling session with a value of VND 154 billion. The value of net-bought stocks was insignificant. Meanwhile, VHM (+0.12%), VRE (-4.45%), and FUESSVFL (+0.00%) had the most net selling value.

04月08日ベトナム証券市場ニュース_EN