VN-Index extended its rally (VN-Index +1.12%)
• The VN-Index rose sharply at the start of the session, supported by strong buying demand carried over from previous sessions.
• Some profit-taking emerged in the morning, but strong cash inflows kept the uptrend intact.
• Banking and brokerage stocks traded actively and mostly gained. VCB (+4.24%) led banks, while SSI (+5.55%) broke its October 2024 peak, hitting a 14-month high.
• The market maintained a steady uptrend in the afternoon and closed in the green, with several mid- and small-cap stocks hitting the ceiling.
• Market breadth included 192 winners, 127 losers, and 53 unchanged.
• Liquidity hit a record high, rising 25% to VND 35.4 trillion.
VN-30 rose solidly as gainers outnumbered losers (VN-30 +0.92%)
• The basket saw 23 gainers, 6 decliners, and 1 unchanged.
• TPB (+6.43%), SSI (+5.55%), VCB (+4.24%) were the top gainers.
• Meanwhile, LPB (-1.63%) and FPT (-1.37%) were the worst performers.
Sectors and stocks daily highlights
• BAF (-0.3%) approved the establishment of BaF Ninh Binh, a wholly owned subsidiary with charter capital of VND 150 billion, focusing on meat processing and preservation.
• CMG (-1.44%) has been approved to develop a hyperscale data center at the Saigon Hi-Tech Park (SHTP) with a total investment of VND 6.26 trillion (~USD 250 million). Covering over 30,203 m², the project includes 3,000 server racks and 30 MW of projected IT load.
• Foreign investors continued strong net buying, totaling VND 1,634 billion in today’s session. SSI (+5.55%) was the most net-bought stock, while FPT (-1.63%) saw the largest net selling.
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