Vietcap Daily - VN-Index sees gain of 0.2% on Thursday - DCM, GVR, NLG, NT2, PC1, TLG
  • 2025-01-02T00:00:00
  • Market Commentary

* Vietnam PMI declines to lowest level in three months

* Energy Sector: Vietnam E&P growth to accelerate with PVN’s record capex plan; Block B progress in line with expectations

* DCM: Revised upward 2024 profit guidance; downside risks remain for 2024F PBT

* GVR's subsidiary obtains investment approval for Rach Bap Expansion IP project in Binh Duong

* NLG: Seeking shareholders’ written approval for rights issue plan

* NT2: Preliminary PBT beats forecast due to stronger-than-expected sales volume, low gas prices

* PC1 receives investment approval for Nomura IP phase 2, transfers stake in small subsidiaries with non-material impact

* TLG’s preliminary 11M 2024 results

* Market wrap: VN-Index sees gain of 0.2% on Thursday

----------------------------------------

Market wrap: VN-Index sees gain of 0.2% on Thursday

The VN-Index gained 0.2% (+2.9 pts) to close the first trading day of 2025 at 1,269.7. Large-cap gainers and laggards were nearly balanced, as 12 members of the VN30 group gained, 11 declined, and 7 were unchanged. Throughout the index, there were 239 gainers, 164 laggards, and 74 stocks that were unchanged. Total trading volume decreased compared to the previous trading day to USD424.3mn. 

* In the banks sector, VCB (+0.8%), BID (+1.7%), CTG (+0.8%), MBB (+0.4%), and STB (+0.3%) saw their share prices rise. TCB (-1.2%) and HDB (-1.6%) sharply fell, while VPB (-0.3%) and ACB (-0.8%) declined.  

* In real estate, VHM and VIC saw no movement, VRE (+0.9%) and NVL (+1.5%) gained, and KDH (-2.6%) and SIP (-1.3%) plunged.  

* Steelmaker HPG (+1.3%), airline HVN (+1.9%), food & beverage conglomerate MSN (+1.1%), construction & materials company VGC (+4.6%), and logistics company VTP (+5.2%) were notable stocks from other sectors that helped the index close in the green. 

* Notable laggards across sectors included tech company FPT (-0.3%), milk producer VNM (-0.5%), retailer MWG (-0.7%), and utility company REE (-1.3%).

Powered by Froala Editor