Vietnam Daily Market Recap Feb 24

Stocks advance amid higher trading liquidity

The VN-Index opened higher on Tuesday and closed up 0.4% at 1,867.6. Market liquidity increased significantly, with total trading value jumping 15.4% DoD to VND32.8tn (USD1.2bn). The HNX Index also traded positively throughout the session, rising 0.3% to close at 262.7.

Today’s top-gaining sectors were Oil & Gas (+4.3%), Chemicals (+2.5%), and Travel & Leisure (+2.5%). In contrast, Telecommunications (-2.0%), Technology (-1.8%), and Automobiles & Parts (-0.7%) dropped.

BSR (+6.9%), VJC (+6.7%), and HPG (+2.9%) were the leaders today, while VCB (-2.1%), CTG (-1.3%), and FPT (-2.1%) were the top decliners.

Foreign investors net bought today, totaling VND177.6bn (USD6.8mn), focusing on HPG (VND1.02tn, USD39.1mn), DGC (VND264.8bn, USD10.1mn), and BSR (VND262.3bn, USD10mn). Conversely, foreign net selling was mainly observed in FPT (VND1.45tn, USD55.4mn), VCB (VND285.4bn, USD10.9mn), and TPB (VND94.6bn, USD3.6mn).

Read the full report: HERE