Update news on April, 17 2024
17-04-2024

04月17日: The seller extended selling performance (VN-Index -1.86%)

  • Despite the strong bottom fishing force from the previous session, the VN-Index opened today with caution as the liquidity in the morning was mild.
  • Most of the sectors were slightly negative, led by the Real Estate and the Financial Services sector.
  • However, the selling momentum started increasing in the afternoon and narrowed the market down further as the rumor about a high-ranking leader related to a political scandal.
  • Except for the Health Care sector, other sectors accelerated its downward movement.
  • The market breadth included 137 increasing, 348 decreasing, and 57 unchanged stocks.
  • Liquidity declined by 37% to VND 19.1 trillion.

VN-30’s movement was aligned with the market (VN-30 -1.78%)

  • The basket recorded 4 gains and 26 decline stocks.
  • GVR (-5.60%), BID (-4.37%), and CTG (-3.96%) dragged down the market significantly.
  • On the other hand, only MSN (+1.06%) increased over 1%.

Sectors and stocks daily highlights

  • According to Bloomberg, MSN (+1.06%) is considering listing its consumer unit which is the Masan Consumer Holding. The firm is working with financial advisers on an IPO that could raise USD 1 billion to USD 1.5 billion. The share sale may take place early next year if the market condition suits.
  • CTD (-3.03%) and Kusto Group – an investment company – signed a strategic cooperation agreement to establish investment activities in Vietnam. Kusto Group underscored that it will invest USD 200 million in Vietnam from 2024 to 2028 via cooperation with CTD.

Foreign investors continued to net sell today with VND 991 billion. FUEVFVND (-1.43%), VHM (-2.11%), and SHB (-3.48%) had the most net selling value. In contrast, only VNM (+0.31%) and GMD (+2.68%) had notable net buying value.

04月17日ベトナム証券市場ニュース_EN