Banking sector continues to lead VN-Index (VN-Index +1.09%)
• After two sessions of fluctuation, the VN-Index opened higher thanks to the acceleration of banking stocks.
• Gains spread to the real estate sector, providing additional support to the index.
• In a broadly positive market, buying momentum remained dominant with strong liquidity, reflecting solid inflows that extended the VN-Index’s uptrend.
• Market breadth recorded 189 gainers, 144 decliners, and 44 unchanged stocks.
• Market liquidity fell 8.4% to VND 54.4 trillion.
VN30 remained positive (VN30 +1.35%)
• The VN30 basket recorded 16 gainers, 10 decliners, and 4 unchanged.
• VPB (+6.88%), LPB (+6.73%), and HDB (+6.56%) posted strong gains.
• On the downside, MWG (-2.86%) and SHB (-1.86%) were the top decliners.
Sectors and stocks daily highlights
• VPB (+6.88%) hit the ceiling from the start of the day after news that VPBank Securities plans to launch its IPO by the end of 2025.
• BAF (+6.88%) commenced construction of the “Gia Han High-Tech Livestock Complex” on August 19. As one of the company’s key projects in its 2030 development strategy, it is expected to create a breakthrough and help achieve the target of supplying 10 million commercial pigs annually.
• Foreign investors were net sellers of VND 1,410 billion today. Heavy net selling pressure was seen in MWG (-2.86%), KDH (-0.54%), and HPG (-0.88%), while no notable stock recorded strong net buying.
—————————————————————————————————–
【Disclaimer】
This material has been prepared by Japan Securities Co., Ltd. (JSI) for the purpose of providing investors with relevant information. JSI makes no representation or warranty regarding the completeness and accuracy of such information. This material is provided, for information purposes only and does not constitute an offer or solicitation to buy or sell any securities discussed herein in any jurisdiction.
We are not responsible for any errors or omissions or for the results obtained from the use of such information.
This note is confidential and is being supplied only to you solely for your information and may not be reproduced, redistributed, or passed on, directly or indirectly, to any other person or published in whole or in part, for any purpose.
In the United States, this report is intended for distribution solely to major Institutional Investors as defined in Rule 15a-6 under the Securities Exchange Act of 1934.
Japan Securities Co., Ltd. is a financial instruments dealer registered with SSC (State Securities Commission of Viet Nam): Registration Number 129/GP-UBCK, and a member of VNX (Vietnam Stock Exchange), HNX (Hanoi Stock Exchange), HOSE (Ho Chi Minh Stock Exchange) & VSDC (Vietnam Securities Depository and Clearing Corporation), and is registered address is Suite 701, Tower 1, Capital Place, 29 Lieu Giai, Ngoc Ha, Hanoi, Vietnam.