- 2025-02-17T00:00:00
- Market Commentary
* CTR’s preliminary January 2025 results in line with forecasts
* PLX: Company moves forward with Petrolimex Laos divestment, starting price of VND68bn
* PNJ: Solid sales on special occasions YTD; management cautious on 2025 consumer spending - Analyst Meeting Note
* Water Sector: Strong water volume growth to offset water tariff hike delay
* PC1: Power construction, property sales to drive core earnings - Update
* REE: 2025 NPAT-MI to rebound on earnings growth in all segments - Update
* VHC: Robust 2025 earnings from solid frozen filet consumption - Update
* Market wrap: VN-Index edges down 0.3%
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Market wrap: VN-Index edges down 0.3%
The VN-Index edged down 0.3% (-3.4 pts) on Monday to close the trading day at 1,272.7. The market showed divergence, with small-cap stocks surging and many reaching their upper limits intraday. Meanwhile, foreign investors extended their net selling streak to 11 consecutive sessions, despite a sharp decline in the DXY. Across the index, there were 195 gainers, 255 laggards, and 75 stocks unchanged. Total trading volume surged to USD694.7mn.
* Banks BID (-1.1%), CTG (-0.9%), TCB (-1.2%), VPB (-0.8%), and MBB (-0.9%) declined, while ACB (+0.2%) and STB (+0.1%) ticked up. VCB was unchanged.
* Several real estate tickers fell, including VIC (-0.4%), BCM (-0.4%), VRE (-0.9%), and KBC (-0.3%). There were no large-cap gainers in the sector.
* Financial services stocks performed well, as SSI (+0.4%), VCI (+0.6%), and HCM (+0.7%) advanced, and VND (+2.8%), VIX (+5.9%) and EVF (+6.8%) jumped.
* Notable laggards from other sectors included tech company FPT (-0.9%), food & beverage conglomerate MSN (-2.5%), airline HVN (-2.2%), retailer MWG (-1.9%), and oil & gas company PLX (-0.7%).
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